(248) 227-4377

Tax Advisory Services

Our expert tax advisory services boost your financial health by optimizing your tax position, minimizing liabilities, and enhancing your financial literacy - all through a comprehensive approach.
Financial expertise and guidance curated for your needs

Unlock the full potential of your finances with our tailored tax solutions designed to keep more money in your pocket.

Available Services

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"Exudes professionalism and an approachable demeanor"
"Over just five weekly meetings, Leslie not only only helped me rectify what I can best describe as 'Quickbooks chaos', she helped me to understand my business' finances which has enabled me to set data-driven goals for my business. She made the entire process seamless and enlightening...She is truly a game changer.”
Kiersten Johnson, Kookies by Keirsten

Frequently Asked Questions

Here you will find answers to some of the most frequently asked questions about our services.
What types of tax advisory services do you offer?
Our firm provides a comprehensive range of tax advisory services including individual and business tax preparation, tax planning and strategy, IRS and other regulatory agency representation, compliance reviews, and assistance with multi-state. We cater to both personal and corporate clients, ensuring optimized tax solutions tailored to each client's unique situation.
How can your tax advisory services help me reduce my tax liability?
Our tax advisory services help reduce your tax liability by employing strategic tax planning techniques, identifying applicable tax deductions and credits, and optimizing your financial and business operations in accordance with current tax laws. We provide proactive advice throughout the year, not just at tax time, to ensure you take full advantage of all tax-saving opportunities.
What is the difference between tax preparation and tax planning?
Tax preparation involves compiling and filing your annual tax returns in compliance with laws, ensuring accuracy and timeliness to avoid penalties. Tax planning, on the other hand, is a proactive process that involves strategizing throughout the year to minimize future tax liabilities. This includes tactics like deferring income, choosing the right time for asset purchases or sales, and planning for retirement contributions.
Can you represent me if I get audited by the IRS?
Yes, we offer representation services if you are audited by the IRS or other tax authorities. Our experienced tax professionals can handle communications, prepare necessary documentation, and advocate on your behalf during the audit process. We aim to make the audit as smooth and favorable as possible, addressing any concerns raised by the authorities efficiently.
What should I bring to my initial tax planning consultation?
For your initial tax planning consultation, bring relevant financial documents such as previous tax returns, W-2s, 1099s, details of deductions and credits, investment income statements, and records of expenses that could be deductible. This will help us understand your financial situation thoroughly and provide accurate, customized advice.
How often should we review my tax strategy?
We recommend reviewing your tax strategy at least annually, though more frequent reviews may be beneficial if your financial situation changes significantly due to factors like a change in marital status, the birth of a child, a new business venture, or receiving a large inheritance. Regular reviews ensure that your tax strategy aligns with your current financial goals and takes advantage of all applicable tax benefits.

Your business and your life deserve tailored tax solutions.

Personalized service and tax literacy education focused on empowering you and elevating your financial life.
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Professional Accounting and Tax Services
We know what you're going through. Your business' books are a mess. You've lost control of your personal finances or maybe you're a high-income earner in need of a professional team to take away the worry of managing your income.

We understand how you feel, but most importantly, we know how to help you.

Schedule your consultation today to learn how our customized approach to tax, accounting, and financial planning can help you keep more of your money in your pocket.
At L.M. Jones & Associates we aim to empower businesses and individuals financially through personalized tax and accounting solutions that provide peace of mind.
5745 W. Maple Road, Suite 211 West Bloomfield, MI 48322 (248) 227-4377
© 2024 L.M. Jones & Associates