tax services


“I like working with KMA Bodilly because of their deep understanding and accounting knowledge of my industry.”

tax services

KMA has a skilled team of tax professionals that will focus on your business needs. At KMA, our tax partners are fully involved in your tax requirements from planning to filing (unlike those large CPA firms with partners who are responsible for hundreds of clients and must rely on lower-paid, inexperienced staff to answer your questions and process your tax returns). You will have a working relationship with your tax partner at KMA.

You need an experienced team that understands the complicated tax code and provides sound advice throughout the year and when you need it. Understanding the potential tax implications and options when making a critical decision can prove to be a tremendous advantage to your business and peace of mind. At KMA, we offer the critical tax services you need:

Tax Planning

You deserve to pay the lowest amount of taxes allowable by law. Tax planning is the key to successfully and legally minimizing your tax liability over the long term, and that starts at the beginning of the year (or sooner, if possible), not when it’s time to prepare your income tax return.

KMA’s tax planning professionals go beyond basic tax compliance and proactively recommend tax-saving strategies to help maximize your after-tax income. We stay on top of current tax laws, changes to the already-complex Internal Revenue (tax) Code, and potential new tax regulations by attending tax seminars, doing our own research, and through industry contacts.

We take the time to understand the current state of your business and find out what your future plans are. Our professionals know how to ask the right questions to identify opportunities to take smart steps before you commit to a plan of action. Thinking through the tax consequences of things like major purchases, opening a new office or branch, or expanding your operations before actually doing something frequently results in making different choices or decisions than you might have made initially. A few of the tax planning opportunities we can help uncover for our clients include:

Simply knowing the tax effects before you do something gives you more peace of mind along with a feeling of greater control over your business.


Even if you ignore all the craziness around tax laws, taxes are complicated. Unfortunately, there is no such thing as a “simple” tax return. We keep getting seemingly never-ending changes to what’s allowable and what is not and which deductions and credits are even still available. You need a tax preparer who knows how the latest developments affect your business, asks the right questions, and knows how to put that information together to achieve maximum benefit for you and your business.

We’ll help you get a system in place to gather and organize all your financial records and other tax paperwork. Then we’ll help analyze your income, deductions, business expenses, and exemptions to maximize nontaxable income. Finally, we’ll dig deep to find any available tax credits and other ways to minimize your tax liability.

Even if you’re already using an income tax software program to file your taxes, it pays to have an experienced tax professional guiding you and making sure you’re taking full advantage of the tax laws. KMA can help assure that you’re preparing your tax return accurately and to your maximum benefit.


Through all your hard work you’ve built – or you’re building – a sizable estate. You need good advice to help protect your wealth and preserve it for future generations or the causes you care deeply about. KMA will help you develop a strategy to distribute your estate with the fewest tax implications possible.

We will work closely with you to craft a plan around your business and personal requirements to achieve your future goals. Our estate planning professionals will recommend financial strategies to help reduce the impact of taxes when your business and estate is passed on to your heirs. KMA can help prepare and execute most estate and trust planning documents, but you should be aware that some types of estate and trust planning may need or require an attorney’s involvement. We will identify anything that requires the services of an attorney and clearly communicate where you must, or should, seek legal advice before doing something. * We frequently work with legal professionals to make sure our clients create estate and trust plans that achieve their desired goals.

The bottom line is, we help you make sure all the “i’s” are dotted and the “t’s” are crossed so there are no surprises and that your estate passes according to your wishes.

*Please note that KMA does not provide legal representation or legal advice; you should seek the counsel of a licensed attorney when dealing with any type of legal issues.