High Net Worth Individuals
As net worth increases, so does complexity. At KBF, we help to clear the clutter, enabling our clients to make better decisions about their future. Our professionals build long-standing, personal relationships with our clients. This close relationship promotes a better understanding of the client’s needs and goals. We employ the right tools and technical expertise to assist with short-term tax matters as wells as long-term tax planning.
Federal, state and local income tax compliance – The foundation of a tax preparation practice is to know the latest updates on tax law and apply them to receive the most efficient outcome. Our professionals and clients build long-term relationships. We become intimately familiar with our client’s current situation and their plans for the future. This familiarity, combined with our expertise, results in efficient tax planning while remaining safely compliant with existing tax law.
International tax compliance – High net worth individuals often have assets or income that become subject to foreign taxes. The professionals at KBF have the tools and expertise to provide the needed planning and compliance service for international tax matters. KBF simplifies the overall situation for our clients by managing the entire process through one trusted relationship.
Individual income tax planning and projections – Remaining compliant with current tax law is essential. It brings peace of mind. Knowing that appropriate plans have been made for the future also brings peace of mind. The professionals at KBF have the tools and expertise to clear the clutter and plan for the future, so our clients have the confidence that they are on the right track.
Retirement planning – Retirement is not what it used to be. The days of the turnkey retirement with a gold watch and a lifetime pension are gone. Today’s environment requires a plan. Nobody wants to get to the end, only to find out they don’t have enough. Whether the goal is to retire early or casually work through the retirement years, having a plan in place brings peace of mind. Our professionals can help to crunch the numbers and sketch out the map to the retirement destination.
Stock compensation planning – High net worth individuals often have a significant portion of their wealth derived from stock issued by their employer. Having a concentrated position on one’s balance sheet comes with risk. Having a significant or complicated tax liability associated with that position increases the risk further. Our professionals understand this and help our clients plan the best way to exercise their awards while minimizing risk and taxes.
Tax examination representation – No one ever wants to be subject to an audit. The professionals at KBF help our clients to mitigate the risk of an audit through planning and compliance. Should an examination become triggered anyway, our clients find peace of mind knowing that we’re there beside them to resolve any issues.