Tax Preparation for Entrepreneurs & High Net Worth Individuals

Entrepreneurs and high-net-worth individuals face unique tax challenges that require specialized knowledge and proactive planning. Philip Falco, as a dual-licensed Attorney and CPA, provides sophisticated tax preparation and strategic planning to minimize tax liability and protect wealth.

Entrepreneur Tax Services

• Multi-entity tax returns — coordinating returns across LLCs, S Corps, partnerships, and personal returns
• Business income optimization — structuring compensation, distributions, and retirement contributions for tax efficiency
• Startup tax planning — Section 1202 QSBS exclusion, R&D credits, and other startup-specific strategies
• Exit planning — tax-efficient strategies for selling a business, including installment sales and Section 1031 exchanges
• Self-employment tax strategies — minimizing SE tax through proper entity structuring

High Net Worth Individual Services

• Complex individual returns — multiple income sources, investments, real estate, and foreign holdings
• Investment income planning — capital gains strategies, tax-loss harvesting, and passive activity management
• Estate and gift tax planning — lifetime gifting strategies, trust structures, and wealth transfer techniques
• Charitable giving strategies — donor advised funds, charitable remainder trusts, and direct gifting
• International tax compliance — FBAR, FATCA, and foreign trust reporting

Why Choose a Dual-Licensed Attorney-CPA?

Complex tax situations often involve both legal and financial considerations. As both an Attorney and CPA, Philip Falco provides integrated advice that a traditional CPA or attorney alone cannot. Every strategy is evaluated through both a legal and tax lens, ensuring optimal outcomes.

Call (303) 626-7000 for a consultation on your tax preparation and planning needs.