We approach tax planning and compliance for private and closely held businesses differently than other CPA firms. Cohen & Company’s team focuses on collaboration, both internally and with you, to consistently identify planning opportunities that will help you and your business minimize taxes and maximize profits.
Our team meets once a week to stay abreast of the revolving tax landscape and to collaborate on practical, unique ideas and ways to apply them within the tax law. Our approach truly makes all the difference, allowing you the opportunity to save on taxes, remain compliant and often offset the investment you’ve made in us. In fact, our engagements are specifically structured around providing the flexibility to meet with you regularly so we can stay on top of your evolving businesses. We always want our advice to be proactive and on-point.
In addition to a unique approach, we truly believe that our technical depth is unmatched. Our team of more than 65 tax professionals collectively possess more than 30 advanced degrees earned or in progress. Our specialists cover everything from state and local taxes to special tax credits and incentives. And because of our sound tax-planning techniques, we confidently stand behind our work. We have a strong track record of settling cases, when necessary, favorably during IRS appeals or examinations — whether the initial compliance work originated with us or a competitor. Throughout our relationship, our specific recommendations may call for a new entity structure, a private letter ruling to the IRS or a change in accounting method; but rest assured that you, the client, are always in control of which path to ultimately take.
State and local governments add another layer of complexity to the tax planning and compliance process. Our State & Local Tax (SALT) group has years of experience with state and local tax matters. In fact, we often find this area provides significant savings opportunities. We assist clients with issues such as income and franchise, sales and use, and real and personal property tax; credits and incentives; and unclaimed property.
Cohen & Company has specialists with first-hand experience helping entrepreneurial companies take advantage of the tremendous growth opportunities in the global marketplace. Our services include areas such as international tax, multinational accounting and finance, and foreign investments and regulations. Additionally, Cohen & Company is an independent member of Baker Tilly International, one of the top 10 networks in the world. The organization connects 150 top, independent accounting and consulting firms in more than 100 countries. This gives us, and you, access to firms around the world to help you deal with any issue that may arise. Read Baker Tilly International’s Annual Review.
Our experts are highly skilled in incorporating critical federal, state and local tax credits and incentives into sizable transactions. We immerse ourselves in the areas of new markets tax credits (NMTC), renewable energy tax credits and historic tax credits so we can help you properly structure deals to enhance incentives and lower overall taxes. In addition, we have an exclusive relationship with Ariel Ventures, a nationally recognized advisory firm specializing in NMTC.
Cohen & Company’s tax specialists in this area help find innovative, tax-efficient ways to shift generational wealth, often via gifting techniques that maximize wealth transfer and minimize gift and estate taxes, such as Qualified Personal Residence Trusts (QPRTs), Irrevocable Life Insurance Trusts (ILITs) and Charitable Retained Annuity Trust (CRATs).
Our Family Office Group helps business owners, professional athletes and other high-net worth individuals, ranging from $10 million to $1 billion in net worth, deal with complex business and estate issues associated with providing for future generations. Our team looks at your comprehensive family and business situation to address areas such as tax, real estate, investments and estate planning. The group has a tax concentration that is unique, yet vital, to the family office dynamic. We also provide a multitude of critical business and personal resources to assist you and always remain independent from specific products.