Tax Services in Cary
Taxes are complicated under any circumstances, and it is essential that they are handled properly when you have important investments or large net worth. Our professional accountants can help you navigate your taxes and ensure you only pay what you owe.
We understand that you have unique challenges and concerns. You want to protect your wealth, grow your wealth, and maintain compliance and transparency for your investors.
Our team performs rigorous reviews of the latest complex tax codes and regulations with precision and effectiveness. Through our hands-on approach, we provide the understanding and data you need to solve your tax issues and help prevent future problems.
You expect a high level of responsiveness and thoughtful communications. Our boutique firm delivers the kind of personalized service you expect.
Tax Preparation for High Net-Worth Individuals
Your elevated net worth comes with many tax complexities, particularly with assets, property, investments, and various other sources of revenue. If these variables are not accounted for or correctly classified, audits and penalties may follow.
Our accountants' expertise will help keep you compliant with federal and state tax regulations, deadlines, as well as with expatriate taxes and FBAR filings. Whether you live and work abroad or have foreign bank accounts, we can help you manage your income and assets to keep you IRS compliant.
Hedge Fund Tax Services
Our Cary accountants have extensive experienced in helping clients nationwide with tax reporting for hedge funds and other investment types.
Because hedge funds pay taxes at a higher rate than ordinary income and capital gains are taxed twice, we want to help you be prepared. We can assist you in setting up the initial fund structure, reviewing your asset's value, and serving as your designated Partnership Representative as well as preparing your IRS and state taxes.
My firm hired Akram & Associates, Certified Public Accountants, to prepare the K-1s for our long/short fund and our general partnership. Firm's knowledge, level of service and promptness were all excellent and I would highly recommend Akram & Associates to others.
Barry Gladstein, Portfolio Manager/CFO
At Akram | Assurance, Advisory & Tax Firm, we can perform yearly audits on your hedge fund or other invested assets to efficiently interpret and prepare complex K-1 and other associated tax forms that are necessary to keep you compliant with all tax laws.
For easy reference, you may download our Alternative Investments Audit & Tax Services brochure (PDF).
Control your Tax Situation Year Round
Tax planning is not just for small businesses. As a high net-worth individual or entrepreneur, you will benefit from having us on your side all year.
When you have month-to-month transparency, we can help your financial decisions make ‘tax sense'. Planning for deductions, exceptions, and credits will help to minimize your liability and effectively strategize long-term financial goals and action plans.
Contact Us Today
At Akram | Assurance, Advisory & Tax Firm, our accountants are passionate about providing prudent and intuitive solutions that foster financial success. With every service we provide, you can expect us to be thorough, diligent, and reliable.
Contact our office today to learn more about our tax services with a complimentary 30-minute phone consultation.