Comprehensive Tax Solutions
Expert tax planning, preparation, and advisory services from licensed CPAs with decades of combined experience
Your Complete Tax Partner
Our tax practice brings together licensed CPAs, advanced tax strategies, and cutting-edge technology to deliver comprehensive tax solutions. From individual returns to complex corporate structures, we handle every aspect of tax compliance, planning, and optimization with precision and expertise.
Experienced CPAs
Licensed professionals with expertise across all tax disciplines and jurisdictions
Proactive Planning
Year-round strategic tax planning to minimize liabilities and maximize opportunities
Full Compliance
Meticulous attention to federal, state, and local tax regulations and deadlines
Tax Services
Comprehensive tax preparation, planning, and consulting services for individuals, businesses, and complex entities
Form 1040 Preparation & Filing
End-to-end filing support for federal and state returns, including complex schedules.
Estimated Tax Payment Planning
Calculating and scheduling quarterly payments to avoid underpayment penalties.
Multi-State Tax Returns
Navigating tax obligations when you live, work, or own property in multiple states.
Retirement Distribution Strategies
Tax-efficient planning for withdrawals from 401(k)s, IRAs, and other retirement accounts.
Investment Income & Capital Gains
Reporting and planning for stocks, bonds, and other investment-related income.
Tax Loss Harvesting
Strategically selling securities to offset capital gains and reduce your tax liability.
Rental Property Income & Expenses
Maximizing deductions and ensuring compliance for your rental real estate.
Self-Employment & Schedule C
Comprehensive tax services for freelancers, contractors, and small business owners.
C Corporation (Form 1120)
Preparation and strategic planning for C-corp federal and state tax filings.
S Corporation (Form 1120-S)
Accurate S-corp filings with guidance on distributions, salaries, and compliance.
Partnership (Form 1065)
Complete partnership return preparation with K-1 reporting for partners.
Multi-Member LLC Tax Elections
Advice on partnership, S-corp, or corporate tax elections for LLCs.
Quarterly Estimated Tax Payments
Calculation and planning of quarterly payments to avoid penalties.
State & Local Business Tax
Compliance with state and local tax obligations across jurisdictions.
Section 179 & Bonus Depreciation
Maximize immediate deductions for equipment and business investments.
Entity Structure Optimization
Evaluate and structure entities to improve tax efficiency and protection.
Multi-Year Tax Projection Modeling
Forecast future tax outcomes to guide smarter financial decisions.
Income & Deduction Timing Strategies
Strategically accelerate or defer income and deductions to reduce taxes.
Qualified Business Income (QBI) Deduction
Maximize the Section 199A deduction for eligible business owners.
1031 Exchange Consulting
Structure real estate exchanges to defer capital gains taxes.
Installment Sale Structuring
Spread taxable gains over time through installment sale planning.
Charitable Giving Strategies
Design tax-efficient giving plans that maximize charitable impact.
Business Succession Planning
Plan ownership transitions while minimizing tax consequences.
Exit Strategy Tax Optimization
Structure business sales or liquidity events to reduce tax liability.
Estate Tax Return (Form 706)
Preparation and filing of federal estate tax returns after death.
Gift Tax Return (Form 709)
Reporting and planning for lifetime gifts and transfer tax compliance.
Trust Income Tax (Form 1041)
Preparation of fiduciary income tax returns for trusts and estates.
Estate & Trust Planning
Structuring estates and trusts to reduce taxes and preserve wealth.
Irrevocable Trust Tax Strategies
Tax planning and compliance for irrevocable trust structures.
Grantor Trust Planning
Strategic use of grantor trusts for tax-efficient wealth transfers.
Charitable Remainder Trust (CRT)
Combine charitable giving with income streams and tax benefits.
Annual Exclusion Gift Planning
Use annual gifting strategies to transfer wealth tax efficiently.
1031 Like-Kind Exchange Planning
Structure property exchanges to defer capital gains taxes.
Passive Activity Loss Rules
Navigate loss limitations and optimize deductions from real estate investments.
Real Estate Professional Status
Determine eligibility to unlock full deductibility of real estate losses.
Short-Term Rental Tax Strategies
Tax planning for Airbnb and other short-term rental properties.
Vacation Home Tax Treatment
Guidance on the tax rules for second homes and mixed personal use.
REIT Investment Taxation
Understand tax treatment of REIT income and distributions.
Mixed-Use Property Allocation
Allocate expenses and depreciation across residential and commercial uses.
Development Project Tax Planning
Plan tax strategy for real estate development and major improvements.
IRS Audit Representation
Professional representation and support during IRS audits and inquiries.
Offer in Compromise (OIC)
Negotiate settlements with the IRS to resolve tax debt for less than owed.
Installment Agreement Negotiation
Set up structured payment plans with the IRS for outstanding balances.
Penalty Abatement Requests
Request reduction or removal of IRS penalties when reasonable cause exists.
Amended Return Preparation
Correct previously filed tax returns to fix errors or claim missed benefits.
Prior Year Tax Catch-Up
Bring past-due tax filings up to date while minimizing penalties and interest.
State Tax Nexus Analysis
Determine where your business has tax obligations across multiple states.
Advanced Planning Capabilities
1031 Exchanges
Trust Tax Planning
Comprehensive trust structuring including grantor trusts, irrevocable life insurance trusts (ILIT), charitable remainder trusts, and dynasty trust strategies.
Entity Structuring
Optimal entity selection and restructuring for tax efficiency including C-Corp, S-Corp, partnership, and LLC formations and conversions.
Stock Option Planning
Comprehensive equity compensation strategies for ISOs, NQSOs, RSUs, and ESPP shares including AMT planning and timing optimization.
Charitable Strategies
Ready to Optimize Your Tax Strategy?
Schedule a consultation with our CPA team to discuss your unique tax situation and discover opportunities for savings and strategic planning.
Frequently asked questions
At Crusonia, we believe in a personalized approach. Our team collaborates closely with each client to understand their unique goals, circumstances, and risk tolerance, crafting customized financial plans to suit their specific needs.
Depending on the Client’s overall plan and qualifications, we have access to a wide range of alternative investments, including private equity, hedge funds, real estate, and more. These options provide additional diversification and potentially enhance returns.
Tax services are provided by Elsensohn & Associates dba Crusonia Tax Advisors (CTA). These services are offered to our financial planning and investment advisory clients and are governed under a separate engagement agreement. Clients should be aware that we may have a potential conflict of interest in the event that tax-related recommendations impact investment strategies. Our tax preparers are qualified professionals with expertise in tax compliance, but we do not offer tax planning or legal advice beyond the preparation of returns. Clients have the option of engaging our representatives for tax preparation or accounting services; however, they are under no obligation to do so.
