Business Tax Advisory Services

BUSINESS TAX ADVISORY

Plan Before the Return. Decide With the Tax Impact in Mind.

Business tax strategy should not begin when the return is due. We help owners and leadership teams understand the tax impact of decisions before they are made — from entity structure and multistate growth to major investments, transactions and year-end planning.

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Plan Proactively

Manage Complexity

File With Confidence

PLANNING + ADVISORY + COMPLIANCE

BEYOND THE TAX RETURN

The return records what happened. Strategy helps shape what happens next.

A CONSULTATIVE APPROACH

Tax Compliance Is the Starting Point. Not the Finish Line.

Filing an accurate return matters. But many of the biggest tax opportunities and risks are created by decisions made months before a return is prepared.

YEAR-ROUND BUSINESS TAX SUPPORT

Connect tax strategy with what the business is actually trying to accomplish.

Our business tax professionals take time to understand the organization, ownership structure and long-term goals before recommending a strategy.

That perspective allows tax planning to become part of conversations around growth, investments, entity structure, cash flow, transactions and other major business decisions — rather than an exercise that happens only at filing time.

UNDERSTAND

Your Business & Ownership Structure

EVALUATE

Tax Impact & Planning Alternatives

EXECUTE

Compliance With the Strategy in Mind

TAX STRATEGY IS TIMING

The best time to ask about the tax impact is before the decision is final.

When your tax advisor understands what is coming next, there is more opportunity to evaluate alternatives, model consequences and plan intentionally.

THE TAX DECISION MAP

Call Your Tax Advisor Before These Moments.

Tax consequences often begin when a business decision is made, not when the tax return is eventually prepared.

BEFORE YOU GROW

Entering a New State or Market

New employees, customers, locations and economic activity can create additional state and local tax responsibilities. Evaluating nexus and apportionment early can help avoid surprises.

BEFORE YOU INVEST

Buying Equipment or Major Assets

Capital investments can create depreciation, timing and broader tax-planning considerations. The structure and timing of a purchase can matter.

BEFORE YOU RESTRUCTURE

Changing Entities or Ownership

New partners, ownership changes, entity elections and restructuring can have consequences for both the company and its owners.

BEFORE YEAR-END

When There Is Still Time to Plan

Year-end planning gives businesses an opportunity to review current performance, expected taxable income and strategies that may still be available before the calendar closes.

OUR BUSINESS TAX SERVICES

From Compliance to Complex Tax Decisions.

Business tax needs rarely exist in isolation. Our team can support routine compliance alongside planning, analysis and more complex tax situations.

COMPLIANCE

Year-End Business Tax Returns

Tax preparation for corporations, partnerships, LLCs and consolidated entities with planning considerations carried through the filing process.

MULTISTATE

Multi-State Tax Planning & Returns

Nexus analysis, apportionment considerations and research surrounding state tax obligations as businesses expand beyond their home jurisdiction.

TAX LAW

Ongoing Tax Law Review

Evaluate changing tax rules and incentives and consider how new legislation may affect the business or create planning opportunities.

STRUCTURE

Multi-Entity Planning

Evaluate business activities, ownership structures and potential entity arrangements as organizations become more complex.

ENTITY

Choice of Entity Analysis

Consider the tax implications of entity structure alongside ownership, operations and long-term business goals.

ASSETS

Fixed Asset & Depreciation Analysis

Review asset activity and depreciation treatment as part of broader business tax planning and compliance.

PASS-THROUGH

Pass-Through Entity Tax

Evaluate available pass-through entity tax elections and related considerations for qualifying businesses and their owners.

GAAP

Income Tax Provisions

Support calculating and reporting income tax expense and related tax provision considerations in accordance with applicable financial reporting requirements.

EXAMINATIONS

Federal & State Examination Assistance

Representation and support when tax authorities request additional information or a business faces a federal or state examination.

YEAR-END

Year-End Accounting Support

Coordinate with our Client Accounting & Advisory team when accounting cleanup, reconciliations or additional year-end financial support is needed before tax preparation.

MORE THAN COMPLIANCE

Find Opportunity Before You Find a Filing Deadline.

Strategic tax planning looks beyond the current return and considers how investments, transactions and long-term business decisions may affect future tax outcomes.

TAX CREDITS & INCENTIVES

Identify Opportunities That May Already Exist Inside the Business.

Federal, state and local tax incentives may be available based on activities such as investment, innovation, hiring, expansion or other qualifying business activity.

Our role goes beyond identifying a credit. We help evaluate how potential opportunities fit into your broader tax strategy.

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CORPORATE TAX PLANNING

Put Tax Considerations Into the Room Before the Decision Is Made.

Corporate tax planning can include decisions involving deductions, credits, transactions, ownership structure, acquisitions and other significant business activity.

We work with leadership to understand what the business is trying to accomplish and evaluate the tax consequences alongside that objective.

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INDUSTRY-LEVEL PERSPECTIVE

Tax Strategy Is Stronger When the Advisor Understands the Business.

The same tax rule can create very different questions depending on the industry, ownership structure and way a company operates.

Professional Service Firms & Owners

Manufacturing & Distribution

Nonprofit Organizations

Technology Companies

Construction Businesses

Hospitality Operators

Real Estate Activities

Privately Held Businesses

LOCAL RELATIONSHIP. BROADER RESOURCES.

Support for Tax Questions That Extend Beyond Illinois.

Business growth does not always stop at state or national borders. As an independent member of BDO Alliance USA, Sassetti has access to additional technical resources and relationships when client needs extend beyond the capabilities required for a traditional local tax engagement.

BUSINESS TAX SUPPORT

Federal Tax

State & Local Tax

Multi-State Operations

International Considerations

DON'T WAIT UNTIL FILING SEASON

Tell us what the business is planning next. We'll help you understand the tax implications before you get there.

Talk With Our Business Tax Team →