Tax Preparation, Tax Planning & Legal Services For Individuals

Let Us Handle It

Federal and state tax codes are constantly evolving resulting in new challenges and opportunities for individual taxpayers. Our team stays up to date on the most current tax code so that you don’t have to. We work with individuals, families and business owners to identify situations and life events that can minimize current and future tax obligations. We take a proactive year-round approach to tax planning in order to avoid surprises when it is time to prepare your tax returns.

Services Provided to Individuals Include:

  • Business investments
  • Business purchases
  • Correspondence with taxing authorities
  • Divorce
  • Education funding
  • Estate planning
  • Estate settlement
  • Family office services
  • Federal and state tax return preparation
  • Financial planning
  • IRS and state audit representation
  • Legal services
  • Personal financial statements
  • Real estate purchase and sale
  • Residency issues
  • Retirement planning
  • Tax planning
  • Tax projections

Tax Planning – Individuals

Start Planning Today

Strategic tax planning lays a solid foundation for building overall financial success. We provide creative and proactive tax planning guidance that can legally reduce your tax obligations while maximizing your after-tax income.

Almost every financial decision you make has tax implications. Our team will work with you throughout the year to help you make smart well-timed financial decisions that will aid you in achieving your current and long-term financial goals.

We work with our clients to develop a long-term plan of action using methods that maximize their tax savings. Let our team of CPAs, CFPs™ and attorneys help you develop a comprehensive plan now to avoid unforeseen surprises in the future and realize your potential for overall wealth. 

Tax Preparation – Individuals

Done Right the First Time

Let’s face it – you have numerous options when it comes to selecting a firm that prepares tax returns. So why choose us?

At Rakatansky, Rakatansky & Associates every tax return is prepared by a licensed CPA at an affordable price. That means we get it right the first time.

Many of our clients are surprised at the level of personal service they received from a licensed CPA at prices that are competitive with many other low cost less qualified options.

We Prepare All Federal & State Tax Returns Including:

  • 1040 (Individuals)
  • 1041 (Trusts & Estates)
  • 1065 (Partnerships)
  • 1120 (C Corporations)
  • 1120S (S Corporations)
  • 706 (Estate Tax)
  • 709 (Gift Tax)
  • Other federal and state tax returns

Legal – Individuals

All Aspects of a Financial Decision

Legal services are provided to individuals by in-house attorney Ira T. Rakatansky who is licensed in Massachusetts and is qualified to practice before the United States Tax Court.

Many other CPA firms will consult regarding legal issues and then refer you to an outside attorney. Avoid paying two separate bills for the same service by having your legal needs met by our in-house attorney Ira T. Rakatansky.

Most legal services are provided for affordable predetermined flat rates. That means we don’t rack up unreasonable hourly fees and the final bill won’t contain any surprises.

Legal Services Provided to Individuals Include:

  • Correspondence with taxing authorities
  • Durable power of attorney
  • Elder law
  • IRS and state audit representation
  • Living wills
  • Notary services
  • Real estate
  • Trusts
  • Wills

Proud Members Of:

member of CSA
member of AICPA
member of MSCPA
member of CFP