TAX STRATEGY & COMPLIANCE
ECONOMIC CONTINUUM ACROSS EVERY PERSONAL AND BUSINESS DECISION
Tax Management Extends Beyond Preparation
Tax is a fundamental embedded in every circumstantial conclusion. A tax posture should not wait to be resolved at seasonal deadlines. Decisions made in one aspect determine what becomes possible in another. Fortuity treats tax as a continuous discipline, calibrated against the broader architecture it serves.
Practitioners with our firm include Certified Public Accountants, Enrolled Agents, and credentialed specialists with depth in personal, corporate, partnership, and international filings.
Coordination runs alongside the broader advisory relationship, and the conclusions are proactively designed in tandem. Every return is prepared to stand on its own record, documented to its authority as the file is built.
Preparation & Filing
- Individual returns on Form 1040, short-form and itemized
- Sole proprietor and Single Member LLC filings on Schedule C
- Rental, royalty, and pass-through income on Schedule E
- Capital gains, losses, and digital asset dispositions on Schedule D and Form 8949
- Partnership, multi-member LLC, and LLP returns on Form 1065
- S-Corporation returns on Form 1120S
- C-Corporation returns on Form 1120
- Fiduciary income tax returns for trusts and estates on Form 1041
- Estate tax returns on Form 706 and gift tax returns on Form 709
- Exempt organization returns on Form 990 and the 990 series
- Foreign asset and account reporting on Form 8938 and FinCEN Form 114 (FBAR)
- Foreign entity reporting on Forms 5471, 5472, and 8865
- State returns in every applicable jurisdiction
- Composite and pass-through entity tax returns
- High-volume 1099 and W-2 reporting
Planning & Projection
Year-round modeling sits at the center, where decisions with a tax consequence are sequenced, weighed, and resolved against the broader fiscal landscape.
Cash Flow & Liability Forecasting
Forward-looking projection of tax obligations against income, distributions, and operating cash needs, with quarterly estimated payment calibration to hold safe-harbor protection through the year.
Pre-Transaction Modeling
Tax exposure analysis on sales, exits, and capital events before the deal closes, including installment sale structuring to spread recognition across the receipt schedule.
Compensation Structuring
Allocation across salary, bonus, equity, and deferred vehicles to position the after-tax outcome, including exercise timing and AMT positioning for ISOs, NSOs, RSUs, and ESPP shares.
Asset Location Planning
Allocation of holdings across taxable, tax-deferred, and tax-exempt accounts to optimize the after-tax growth curve, coordinated with qualified and nonqualified plan contributions to balance current deduction and future income.
Charitable Giving Design
Direct gifts, donor-advised funds, and private foundations sequenced for maximum deductible benefit, with appreciated asset contributions positioned to capture full fair market value while avoiding embedded capital gain.
Income Timing
Acceleration or deferral of recognized income to align with rate brackets and statutory thresholds, including AMT exposure analysis across preference items and timing positions.
Capital Gain Positioning
Timing and character analysis on long-term and short-term gains to align dispositions with overall tax exposure, with tax-loss harvesting deployed to offset gains and reduce ordinary income within annual limits.
Multi-Entity Coordination
Income allocation, intercompany positioning, and consolidated planning across the client's full entity structure, including pass-through entity tax elections and SALT cap workarounds in applicable jurisdictions.
Life Event Modeling
Projection of tax consequences arising from marriage, divorce, inheritance, relocation, and major medical events, including residency and domicile analysis for clients with multi-state or international footprints.
Year-End Review
Pre-December posture review to identify remaining moves before the calendar closes the window, including net investment income tax mitigation through entity structure, income character, and timing.
Tax Accounting
Records that reconcile, ledgers that balance, and statements that match the underlying activity are the precondition for any return that intends to stand on its own record.
Bookkeeping, reconciliation, financial reporting, payroll processing, and controller-level oversight are handled inside the firm, calibrated to the standard the return
Business & Corporate Tax
Structural positioning at the entity level shapes the operating posture, the jurisdictions in play, and the long-term capital outcome.
Entity Classification
S-Corp, C-Corp, partnership, and LLC analysis positioned against the operating profile, owner profile, and long-term exposure, including Form 8832 entity classification elections and Form 2553 S-Corporation elections, with reasonable compensation benchmarking
Multi-State Nexus
Income sourcing and apportionment positioning for operations with revenue footprints in multiple jurisdictions, including sales and use registration where physical or economic nexus is triggered, with combined and unitary reporting analyzed against each state's filing methodology to identify the optimal posture.
Credits & Deductions
Identification and substantiation of federal and state credits, including R&D under Section 41, work opportunity under Section 51, energy credits, and industry-specific incentives, with Section 199A qualified business income positioning across aggregation elections, wage limitations, and specified service trade boundaries.
Payroll & Employment
Worker classification, payroll tax positioning, and quarterly filings on Forms 940, 941, and state equivalents for entities with W-2 and 1099 obligations, with accountable plan structuring, fringe benefit design, and withholding analysis coordinated to capture entity-level deductions and owner-level exclusions.
Cost Segregation & Depreciation
Asset classification and accelerated recovery on real and tangible property holdings, with bonus depreciation positioned under Section 168(k), QSBS qualification structured under Section 1202, and opportunity zone deployment executed under Section 1400Z to capture deferral and exclusion on qualifying dispositions.
M&A Structuring
Buy-side and sell-side tax modeling, asset versus stock sale analysis, and Section 338(h)(10) election positioning, with installment sale architecture, earn-out characterization, and rollover equity treatment evaluated against the deal terms, and post-close integration sequenced to preserve the tax outcome both sides negotiated.
International Reporting Obligations
Cross-border economic footprints carry reporting obligations that move on their own timeline, with statutory penalties severe enough to outweigh the underlying tax in many cases. Every position reported on international returns tie back to the entirety of a taxpayer's filing posture.
International filings handled in-house:
- Form 8938 under FATCA
- FinCEN Form 114 (FBAR)
- Form 5471 for interests in foreign corporations
- Form 8865 for foreign partnerships
- Form 8621 for passive foreign investment companies
- Form 3520 for foreign trust transactions and large foreign gifts
- Form 3520-A for foreign trusts with U.S. owners