Tax Consulting and Compliance Services

CCA advises businesses and investors in assessing their obligation to file tax returns and pay taxes. Our accredited professionals are dedicated to ensuring that each return that we prepare is completed with a focus on quality and integrity. We provide outsourced tax departments with comprehensive tax return tracking and coordination systems, allowing us to approach tax compliance in an accurate, coordinated, and timely fashion.

For more than 35 years, Cendrowski Corporate Advisors has provided tax consulting and compliance services to individuals, investors, businesses and their owners, including large public corporations and closely-held firms. Clients rely on our expertise for acquisition and sales; income, estate and gift tax planning; exit strategies and for dispute advisory services, including business and marital dissolution, shareholder disputes and economic damages cases. Exercising both professional judgement and skepticism, our tax team utilizes an integrated methodology of research, review, analysis, and implementation to provide the following professional services:

• Tax return preparation and compliance;
• Tax and business planning;
• Wealth and business succession strategies;
• Tax controversy resolution; and,
• Forensic and investigative accounting.

Along with more than 35 years’ experience with federal and state taxation, investments, and transition planning, our team holds advanced degrees in accounting, business administration, law, mechanical engineering, and taxation. The returns from your investment in our services include elimination of unwarranted tax liabilities, and avoiding costly scrutiny by taxing authorities.

There are risks associated with paying too little, paying too much, or failing to properly comply with reporting requirements. We utilize a team-based approach focused on risk management, and work hand in hand with attorneys and other financial advisors to maximize results.

Example Engagement: Partnership State Tax Compliance

CCA was engaged to help a client who was selling a hotel and terminating a partnership. The managing member wanted to make a distribution to the members and needed an estimate of the amount of cash they would need to be retained in order to meet tax obligations. In order to provide guidance to the client, we researched state tax withholding requirements and options. Through our analysis, we estimated both taxable operating income and gain on the sale and both the magnitude and character of the gain.

The partnership had numerous partners and past distributions were not made in accordance with ownership percentage, so a special allocation of income was also required. We prepared a projected income allocation to estimate state withholding requirements for each partner. Our client was able to distribute a portion of the sale proceeds to partners knowing what should be held back for future tax liabilities.