Washington DC Tax Planning Lawyer | Lanham Business Tax Planning Attorney

Businesses and individuals throughout the Washington DC metro area turn to the Law Office of Beverly Winstead for comprehensive tax planning services. We help business and individual clients with a range of tax planning issues — from business formation and selection of entity to preparing and filing tax returns.

If you are a small- to mid-sized business owner or would like assistance with a tax planning matter, please call our law firm at 301-850-2361 to arrange a consultation.

Tax Planning for Business Owners

Tax attorney Beverly Winstead offers a full-service tax law practice to businesses throughout the metro area. If you are forming a business, the choice of entity will be a significant consideration that can greatly affect your taxes. We provide skilled guidance and inform you about the benefits of forming as:

LLC (limited liability company)
S-corporation
C-corporation

We assess your business needs as they grow and change. We can advise you on business strategies as they relate to your growth process. It may be advisable at some point after your first year in business to change the type of entity.

At the Law Office of Beverly Winstead, we also review business plans and assist in projecting the business' gross income. If it is projected that your first year will be profitable, you may want to form as an S-corp or C-corp. We have an accounting component to our practice and can effectively help you present the projection to your bank.

Our goal is to stay with our business clients throughout the duration of the business' life. We can assist you in growing your business. Whether you need to change the business entity or need help resolving a tax controversy, we are here for you.

We routinely assist business clients with year-end tax planning. Typically, October is a good month to begin preparing for the upcoming tax season. We can advise you on charitable contributions, the purchase of new equipment or other items. We carefully analyze your tax write-offs and offer suggestions for minimizing your tax liability.

Tax Planning for Individuals

In recent years, it has become less and less common that people are able to pay off their home loans. We can look at your specific tax situation and provide guidance on whether your home can be used as a tax write-off. We can also talk to you about the advantages or disadvantages of taking money out of your 401(k). We can talk to you about what you can do with this money and how you can invest it. Additionally, we handle:

Wills
Trusts
Retirement planning
Preparing tax returns
Filing tax returns
Resolving tax problems

Contact Our Attorney

Whether you are a business owner interested in minimizing taxes or an individual requiring help with tax preparation, we can help. Schedule your appointment by contacting us online or by calling 301-850-2361.