Tax Planning and Compliance
TAX PLANNING AND COMPLIANCE SERVICES FOR INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS
Lilling & Company LLP provides tax planning, strategy, and compliance services for businesses, individuals, and organizations. Our talented and seasoned tax professionals are dedicated to helping clients navigate the constantly changing and complex trends in tax regulation.
Our knowledge across a vast number of industries is a vital tool that helps clients remain competitive and compliant. Tax planning is an essential function that contributes to the success of every entity, and we work to integrate effective tax strategies into our clients’ overall business and financial plans while taking into account both short- and long-term goals.
Thomas Sherwood, CPA leads of our tax department with over 30 years of experience. We understand the need for sound, cost-effective tax advice and practical guidance that supports both compliance and long-term planning.
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what is tax planning and compliance?
Tax planning and compliance is the ongoing process of evaluating financial activity, preparing for tax obligations, and implementing strategies to help reduce current and future tax liabilities while staying compliant with applicable laws and regulations.
At Lilling, tax planning is not treated as a once-a-year exercise. We work with clients to understand their goals, anticipate challenges, and plan effectively for the future so they can respond to changing tax laws with confidence. This reflects the current positioning of your tax team as proactive, relationship-driven, and focused on long-term client success.
Tax Planning and Compliance Services
We provide tax planning and compliance services across a broad range of client needs, including:
Individual Tax Planning and Preparation — We specialize in tax planning and compliance for high net worth individuals and work closely with clients on an individual basis to help reduce and defer current and future tax liabilities.
Corporate and Business Tax — We specialize in tax preparation and planning for commercial entities, investment entities, broker-dealers, not-for-profits, and real estate entities.
Tax Strategy and Compliance for Organizations — We help organizations manage compliance obligations while planning for short- and long-term tax efficiency.
Multi-State and Cross-Border Considerations — We help businesses in a wide array of industries, in both the United States and abroad, meet their tax compliance needs.
Tax Planning for Athletes and Entertainers — We provide specialized tax services for professional athletes and entertainers with complex state-by-state filing considerations.
Year-End Planning and Ongoing Advisory — We help clients evaluate opportunities to limit current and future liabilities through proactive planning.
industries and client types we commonly serve
High Net Worth Individuals — We work one-on-one with high net worth individuals to help reduce and defer tax liabilities and plan effectively for the future.
Commercial Entities — We provide tax preparation and planning services tailored to commercial business needs.
Investment Entities — We support investment-focused clients with compliance and planning requirements.
Broker-Dealers— We serve broker-dealers with tax preparation and planning support.
Not-for-Profit Organizations — We assist nonprofit entities with tax compliance and planning services.
Real Estate Entities — We provide tax planning and compliance support for real estate-related businesses and structures.
Athletes and Entertainers — Our Athlete and Entertainment tax practice spans the National Basketball Association, National Football League, and members of the SAG-AFTRA union.
Individual tax planning and preparation
Lilling specializes in tax planning and compliance for high net worth individuals. We have built our practice by building personal relationships and will work with you on an individual basis to help reduce and defer your current and future tax liabilities.
We believe that building long-term relationships is key to successful individual tax compliance and planning. We will work with you to understand your financial and tax goals so we can effectively plan for the future and protect you from the changing tax laws.
Corporate and Business Tax
Lilling specializes in corporate and business tax including preparation and planning for commercial entities, investment entities, broker-dealers, not-for-profits, and real estate entities.
We will work with your business to effectively plan its tax needs to limit its current and future tax liabilities. Lilling helps businesses in a wide array of industries, in both the United States and abroad, meet their tax compliance needs.
Athletes and Entertainers
Lilling understands the unique tax needs of professional athletes and entertainers.
Lilling has an Athlete and Entertainment tax practice that spans the National Basketball Association, National Football League, and members of the SAG-AFTRA union.
We will work with you to understand your financial goals and needs and how to limit your tax liabilities in each state you perform.