Experienced The Best Bethesda Accountants… It Will Makes a Difference To You!

With Katz & Co you can count on working with Bethesda accountants that are consistent, reliable and experts in their field. We have a combined 36 years of practice that translates into real accounting knowledge.  Your accounting needs are not something to take lightly, so why not let your experienced accountants assist you.

At Katz & Co., we help our clients “Think” ahead to achieve long-range financial goals. Our experienced Bethesda accountants provide ‘services in QuickBooks, accounting, auditing, tax preparation, business formation, estate planning and more. All of these services are carried out by our experienced accounting staff.

Make an appointment now to get expert help on your 2021 tax  planning for the 2021 tax year!  Its never too early to plan your financial strategies

It’s been over two years since the new tax regulations were passed. Now is the time to plan and take a proactive approach in anticipation for tax filing season  for 2021. Get in touch with us! Katz expert accountants and advisors are ready to provide the advice you need to protect your wealth at tax time. Click here to download a PDF on tax rate comparisons.

It’s Time To Start Your Tax Planning for 2021

Our tax experts are all up on the current regulations and can make sure you do everything you can to prepare for the 2021 tax year.  Let us help you plan for the coming year as well to take full advantage of the current tax codes and regulations.

The current tax regulations offer very complex choices which can make a big difference to you.

Visit The Tax Regulations page for a summary of the major changes. If you are a business owner be sure and look at the section on 199A  regulations.

As you will see there are many complex issues that Katz & Co. tax experts can advise you on.

Contact us now to set up a meeting with our experienced tax experts and insure that you have done everything to minimize your tax exposure.

Bethesda’s Leading Accountants

Katz & Co. is a full-service accounting firm, located in Bethesda, Maryland. Our Bethesda Accountants provide individual, corporate and international clients with a wide range of accounting, auditing, tax and financial services. For more information regarding our services and how you could benefit, please contact Contact Us Today.

With over 36 years of successful service, Katz & Co accountants and tax experts can apply their expertise to solve existing problems, prevent future issues and help you and your business keep your money and grow.

Tax Planning and Preparation Services offered by our trusted Bethesda accountants

Our experienced Bethesda accountants will assist you with their superb tax planning and preparation services. Katz & Co has been providing financial personal tax return preparation services to individuals for over thirty years. Many of our clients have continuously come back to us each year because they know that we will do everything that we can to ensure they keep as much money as possible. Our repeat clients also know that our experienced Bethesda accountants are experts in complex tax policies that routinely change and are often difficult to understand.

There is still time to plan your 2020 taxes.  Let us help you plan for the  this  tax year. planning will get you the best results!

The 2020 tax year continues the sweeping changes passed in previous years. These include new income tax rates with fewer tax brackets, a significant increase in the standard deduction, elimination of personal exemptions and the AMT, elimination of the Net Investment Income tax and Additional Medicare Tax, new tax breaks for child and elder care, and the possible elimination of the estate tax.  Let us use our 30+ years of experience to help you create  tax strategies for the year that will allow you to retain the maximum of your income.

• Disclosure of Foreign Accounts

Regardless of other potential tax policy modifications, the IRS will continue to look closely at offshore accounts. If you have an account, retirement account, or business interest with a value over $10,000 in a foreign country, or a foreign business ownership (not through a mutual fund), please let us know as some special rules do apply to you and there are substantial penalties for failure to disclose this information to the IRS.

• The future of the Affordable Care Act

All Americans have been affected in some manner by the Affordable Care Act during the past few years, and statements made by the current presidential administration suggest that tax implications of maintaining health insurance coverage will again change in the near future

Before this calendar year ends, there are opportunities to defer or accelerate income, accelerate or defer expenses and other opportunities to possibly lower your taxes, such as the use of Net Operating Loss (NOL) or creating capital losses. If you would like us to review with you the potential specific savings available to you, please call us to schedule an appointment.

Small Business Accounting Services and Payroll

At Katz and Co., we take pride in our small business accounting and payroll services. As a small business owner, your time is limited and valuable, which is where we help. We give you the time you need to invest in your business by taking care of time-consuming and tedious payroll duties.

As certified QuickBooks experts we can help you and your business take advantage of all the new technologies, help you automate your accounting and reporting process  and greatly simplify tax reporting and support.

We ensure that your payroll is correct, taxes properly paid and vacation and leave time is accurately accounted for. You have enough to worry about, so let us make your job easier.

Estate Planning

We understand that you have worked hard to acquire your savings and wealth. However, have you considered what will happen to your hard-earned assets during retirement and after death? Our leading Bethesda accountants are experts in estate planning and understand how important it is to you that your personal assets are distributed in accordance with your wishes. Having an estate plan is crucial and without one, your assets will be excessively taxed by the state not distributed to your liking. At Katz and CO., we make sure that your beneficiaries receive the maximum amount possible when the time comes to distribute your assets. Let us create an estate plan for you, so you can take care of your loved ones.

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Accounting News and Advice

Visit our News Pages for continuing information on tax issues, news and financial advice that will help you keep your money! We are the Bethesda Accountants that you can trust, and we are here to help you stay informed.

For your convenience here is the official IRS Website.