Tax Services

Tax Services

At Scroggs & Associates, we specialize in a narrow area of tax compliance: tax-exempt entities, including private foundations. For other areas of tax compliance, we refer out to various specialists, depending on your goals and objectives.

We firmly believe:

“If you don’t pay appropriate attention to what has your attention, it will take more of your attention than it deserves.”

David Allen, Getting Things Done: The Art of Stress-Free Productivity


Important Information Regarding Your Estate and Trust Tax Services

If you have not considered what will happen to your hard-earned assets as you age and eventually pass on, you should.  Without an estate plan, the wealth you worked your entire life to build will be distributed according to state law and not according to your wishes. Estate planning is crucial if you want to minimize taxes and distribute as much as possible to your preferred beneficiaries.

We help you build your estate plan with your chosen “Team of Directors” including (but not limited to) income tax specialists, attorneys, bankers, financial planners, and insurance specialists.  Together, your Team helps you design an estate plan customized to your particular needs by utilizing a variety of planning vehicles such as wills, trusts, and charitable entities. Carefully vetted and informed, your Team can assist you by performing the following:

  • Prepare and review wills and trust instruments.
  • Estimate estate taxes and strategize alternatives that may provide tax savings.
  • Review business issues including valuation and the transfer and/or disposition of business interests.
  • Identify potential liquidity problems caused by federal and state estate taxes for the continued operation of the family business, probate, administration costs, etc.
  • Develop a lifetime gifting program using vehicles such as family limited partnerships, charitable trusts, and qualified personal residence trusts
  • Prepare estate, gift, fiduciary, and non-profit tax returns
  • Advise you on the possible use of various trusts structures; including charitable remainder trusts, grantor annuity trusts, personal residence trusts, family partnerships, credit shelter trusts, marital deduction trusts, and revocable lifetime trusts.


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