Fulton & Kozak CPAs is not an assembly-line tax return shop. They don't just plug in the numbers, print the return and send the bill.
Your goals drive the process.
John Kozak oversees the tax preparation and planning operations for the firm. Fulton & Kozak CPAs take their involvement in your tax preparation seriously. They will understand your goals first; then prepare the returns with those goals in mind, and offer practical advice on getting ready for tax time next year.
Individual Tax Clients
A basic tax return - a couple filing jointly with two W-2's, the typical deductions and moderate savings - can be handled easily and effectively with one of the popular tax preparation software programs available today.
Add a piece of rental property, or an inheritance from a parent, or a large portfolio of investments, or start a business, and the tax return is no longer basic. As the personal financial picture becomes more complex, the tax liabilities and implications grow. It is time to find a CPA to guide you.
Fulton & Kozak CPAs will prepare the tax returns for you, or will review the return you've prepared yourself with your tax software, to make sure you've taken advantage of every possible deduction.
Small Business Tax Clients
The typical small business client comes to Fulton & Kozak CPAs first for help with preparing the business tax return and the owner's personal return.
As the small business grows, it usually becomes obvious that the owner's time is better spent building the business, instead of managing the books. When that happens, a Fulton & Kozak CPAs staff accountant can step in to handle the monthly accounting responsibilities. In just a few hours each month, the business stays current in billing and payments, and the business owner has the added benefit of an objective view of the business and management reports that chart the progress toward the goals.
Fulton & Kozak CPAs are certified QuickBooks Pro Advisors.
Medium-Sized Business Clients
Firms that employ staff accountants to handle the day-to-day responsibilities of managing the books will often seek the help of Fulton & Kozak CPAs for preparing tax returns. If the business operates in multiple states, it's important to work with an accounting firm that is accustomed to filing multiple returns and keeping current on each state's tax regulations.
Using an outside CPA firm for tax preparation also brings a level of objectivity and broader experience to the business. Fulton & Kozak CPAs see the tax challenges in a variety of industries and can often offer a different perspective or strategy.
Businesses of this size also retain Fulton & Kozak CPAs to handle special projects, when the accounting or financial reporting needs temporarily become too large for the staff accountant to handle.
Estate Planning & Financial Planning
Financial and estate planning encompass more than suggesting what stocks to purchase and whether there is a will in place.
For business owners and families who want to plan in life for how assets pass on to their families once they are gone, and who want to limit the tax liability for their heirs as much as possible, Fulton & Kozak CPAs offer "life planning". It starts with making sure the appropriate legal documents are in place, but extends to analyzing how bequests are handled, whether they are in compliance with tax code, and whether the current plan is the best way to minimize estate tax exposure.
John Kozak's employment at KPMG provided valuable experience in life planning for $100-million estates. His high-net worth clients at Fulton & Kozak CPAs can take advantage of his expertise without dealing with a huge downtown Atlanta firm.
Tax Controversies and IRS Audits
When the most dreaded of communications from the IRS arrives in the mailbox, and you learn that you are about to be audited, the initial reaction is always panic.
But the action you take could give you peace of mind, as the audit date approaches.
Fulton & Kozak CPAs are accustomed to being called upon to respond to issues raised by the IRS. They are comfortable dealing with IRS staff, accustomed to the rigors of the audit process and adept at reaching a fair agreement.
Attorneys Can Refer with Confidence
Family attorneys often are the first to realize that their clients may have some tax considerations that they are not able to explain completely.
Attorneys often consult with Fulton & Kozak CPAs, to make sure their clients are getting the best possible advice for dealing with complex estate and tax compliance questions.
Probate attorneys who are appointed by the courts as the guardian and administrator of an estate require an independent review of the prior executor's handling of the estate, the filing of tax returns or the creation and review of financial statements.
Probate attorneys contact Fulton & Kozak CPAs to analyze the financial condition of an estate, to unravel income, assets and expenses, and make sure the estate has correct tax returns.
