Proactive Business Tax Strategies for Long-Term Success

At LGA, we don’t subscribe to the belief that taxes “are what they are.” Instead, we proactively seek opportunities to minimize your tax liabilities. Whether it’s through cost segregation studies, research and development (R&D) credit analyses, accelerated depreciation, or implementing qualified retirement plans, our team is committed to finding strategies that optimize your tax position.

We help you take advantage of every available opportunity, including income deferral and expense acceleration, so you can reinvest in your business and drive long-term success.

At LGA, collaboration is more than just a buzzword—it’s at the heart of how we work. We believe the best tax advice comes from the collective expertise of our entire team, not from a siloed approach. By pooling knowledge and working together, we ensure that every client benefits from a well-rounded, comprehensive perspective tailored to their unique needs.

At LGA, our deep bench of experience allows us to meet a wide range of compliance and planning needs, from business formation to liquidation—and everything in between. Whether you’re navigating the complexities of early-stage growth, managing ongoing operations, or planning for an exit, our team has the expertise to guide you through every phase of your business’s lifecycle with confidence.

At LGA, we foster a culture where our people feel valued and accepted. We provide opportunities for our team to learn and grow through meaningful work, while also building strong relationships with colleagues and clients. Through attentive communication and collaboration, our team develops a genuine desire to help, backed by a willingness to go the extra mile to deliver exceptional results.

LGA has extensive experience assisting real estate investors with multi-tier structures involving waterfall distributions, carried or promote interests and foreign investor interests owned by LLC’s, partnerships, individuals and corporate entities. We can also assist with book to tax reporting differences related to fair value accounting differences between GAAP and tax. LGA timely communicates tax law changes, such as the new partnership audit rules, to ensure partnership agreements are amended and required disclosures are made on the tax returns properly to avoid penalties and achieve the desired result in the case of an audit. When the time comes to sell, we provide value-add services including confirming the gains and losses are being properly distributed to the investors and the tax impact is minimized.

LGA works with complex investment partnerships, ranging from entities with one investment to hundreds of investments. Whether your entity invests in brokerage accounts or is an active or passive investor in other real estate or operating entities, our team has your compliance needs covered. From straight forward allocations to special allocations at the specific investment and related state filings, regardless of how many states, our team has done it all and has established systems to ensure an efficient and accurate reporting process for you and your investors. In addition, we work with our clients to ensure that the partnership agreement provisions are understood and are being adhered to and properly reported to avoid potential investor disputes down the road.

Opening a new business presents many obstacles, but tax compliance shouldn’t be one of them. The initial decisions to be made in the first year can be overwhelming – from entity type, methods of accounting, including depreciation policies, tax elections and more, we will spend the time to understand your short and long-term strategic objectives to ensure that we get it right out of the gate. As you grow and have more financial stability, we can guide you to take advantage of other tax advantaged opportunities, ranging from employee benefit retirement strategies, to research and development and other tax credits. As your business takes you into new states or even across the pond internationally, we have the experience to assist you with evaluating your related filing obligations and keeping you compliant with state and federal requirements.

Transitioning from your prior firm to LGA enables us to take a fresh look at how you are accounting for and reporting your results for income tax purposes, often leading to tax savings opportunities and the strengthening of compliance with federal and state requirements. We have the depth and breadth to take a holistic approach to evaluating tax compliance, and leverage specialized knowledge from various firm leaders to ensure that you are getting the best information and advice available. Our 40 years of experience means that we have worked with and advised clients through almost every tax situation and opportunity and will bring this collective knowledge to you to maximize your businesses’ tax efficiency and compliance.

Please exercise caution when communicating with someone claiming to be from the IRS or state agencies as there is a considerable amount of fraud in this area. If you need help with a legitimate IRS or state tax notice or audit, LGA can help.

LGA’s tax professionals have decades of experience resolving tax notices and audits. Whether due to taxpayer oversight or improper assessments, we can represent you and communicate with tax agencies on your behalf. Our services include:

• Amended Tax Returns: We help correct prior filings to ensure accuracy.
• Non-Filer Support: We assist businesses and individuals in becoming current by filing prior-year tax returns.