Tax Preparation & Planning

Individual Returns

  • Federal, State & Local Tax Returns — All States
  • K-1s, Rental Property & Investment Income
  • Sole Proprietorships
  • Trust & Estate Tax Returns
  • Gift Tax Returns

Business Returns

  • Federal, State & Local Tax Returns — All States
  • S Corporations
  • C Corporations
  • Partnerships
  • Nonprofit Organizations

Tax Expertise

At Thornburg & Reilly, we take the time to understand your individual needs and circumstances. We stay current with ever-changing tax laws and strive to identify opportunities to help minimize your tax liability. Tax planning consultations are available to help you understand the tax consequences of changes—whether minor or significant—in your business or personal life, so you can make informed, tax-conscious decisions.

Business Advising

Our team brings many years of combined business experience beyond accounting, with backgrounds in construction and development, restaurant management, manufacturing and distribution, and customer service. We have a practical understanding of the challenges you may face. We value this real-world experience, which gives us an advantage when working with professionals and self-employed business owners.

Combined with our accounting expertise, this firsthand knowledge allows us to provide thoughtful advice and recommendations to help you navigate challenges, make informed business decisions, and build and grow a successful business.

Accounting

Financial Statement Preparation & Bookkeeping Services

Bookkeeping is more than keeping track of numbers—it provides insight into the financial health of your business. Maintaining accurate books and understanding what they tell you are key to your success. We prepare financial statements, but more importantly, we take the time to explain what they mean and how they can be used to better understand and manage your business.

Payroll Services

Our payroll services are primarily available to our tax and bookkeeping clients. For certain business entities, owners or officers may be required to receive reasonable compensation through payroll. We help you determine an appropriate level of compensation, make federal and state payroll tax deposits on your behalf, and prepare and file the required quarterly and annual payroll tax forms to help keep your business in compliance with federal and state requirements.

Additional Accounting Services

We offer a wide range of accounting services to meet the ongoing needs of our clients. These services include, but are not limited to, tax extensions, 1099 processing, sales and use tax filings, business personal property filings, business license applications, and assistance with audits and responses to tax notices.