Succession Planning and AccountingBookkeeping Firms in Brentwood, CA

Succession Planning Services

If you own a family business, retirement isn't simply a matter of deciding not to go into the office anymore. You've got some critical questions to answer like...

"What happens to the business when you're no longer running it?"
"Will you have enough money to retire?"

The family dynamic complicates the whole transition because of the relationships and emotions involved. Most people are not comfortable discussing topics such as aging, death, and financial affairs.

Comfortable or not, succession planning should be a priority for any family business considering that more than seven out of ten family-owned businesses fail to survive the transition from founder to second generation, typically falling prey either to estate taxes or family discord - or both.

Developing and implementing a well-designed succession plan with a Brentwood is essential to the survival of a family business from one generation to the next.

A Brentwood tax accountant can help you with these key issues -

Keeping it in the family. Are you going to pass the business on to your family or sell it to a third party? We help you weigh the advantages and disadvantages of each of these options.
Who's going to run the business when you're gone? Management and ownership are not one and the same. You may decide to transfer management of your business to just one of your children but transfer equal shares of business ownership to all your children, whether they're actively involved in the business or not.
Minimizing the tax bite. The tax burden when transitioning a family business can be significant. The challenge is that a family business is not generally a liquid asset, but taxes are typically due when ownership is transferred.
Making it fair. Transferring family ownership often adds a tremendous amount of stress to individual family members. We talk with each of the family members to ensure that they feel they a getting an equitable and fair share of the pie.

What we do for you...

Once we understand how you feel about the key issues above, we begin constructing your succession plan focusing on these 5 issues...
Business Valuation
Business Restructuring
Tax Consequences
Retirement Projections
Tax Projections

Contact Paramount Tax & Accounting Brentwood PC if you'd like us to help you pass on what's taken a lifetime to build. We offer free consultations on all of our financial planning and tax services in Brentwood.

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Hear Why Our Clients Love Us

Justin Lemoine

Charlotte has been a great help in working with me to set up my corporation, she has expert knowledge and has been patient with me and communicative throughout the entire process. I highly recommend her for all your tax and business needs.
Brandon Crooks

Charlotte is the best. She has made our taxes easy and helped ensure we are getting the max refund available to our family.
shortgeorge

My CPA tax preparer of many years has gotten so big they missed details and it cost me a $133.05 penalty, they did not provide a simple paperwork fix the IRS offered as an option , they just said we are on vacation and by the time we did communicate they said pay the fine. Charlotte took the time to go over the IRS rules my old tax person did not do, I am so glad to have consulted with a pro and looking forward to working with her this year going forward.
Martha Ochoa

Very helpful and professional
Miklo P

Very professional and I will definitely be having my taxes done with Charlotte next year
Nancy Ceja

Espectacular great service Charlotte is the best
James Chuong

Charlotte provided excellent service, clear communication and professionalism. Committed to customer satisfaction which makes her highly recommended. She was able to assist and answer questions for taxes that I had.
Geoff Kautzman

Charlotte is amazing to work with. I will recommend her services to all of my family and friends.
Zhina Zhou

Charlotte is a great tax advisor with tons of knowledage and experience. I have enjoyed working with her! Highly recommending her to anyone who might need tax and accounting services!
Jon Wilhelm

I've worked with Charlotte for a couple of years. She is quite knowledgeable and very helpful.
John Williams

Charlotte is a true professional who provides responsive service to her clients with a high level of attention to detail. She will take care of you!
Patricia A McClain

She was very Professional, helpful and prompt. with her service
Flat Rate Inspections

Very professional, understandable and a great listener to the needs I had.
Max Warford

Charlotte is fantastic! She is knowledgeable, kind, and experienced. I love how she understands what is needed for the specific situation, and explains the solution clearly. I highly recommend choosing Charlotte as your tax professional.
Will Daddy

Charlotte is amazing. Her attention to detail is beyond anything I've ever experienced from a tax professional (and I've met plenty) . She's saved me tons of money this year. Thank you Charlotte!
Mark Perez

I wanted to support a small business and stumbled upon Paramount Tax. I met with Charlotte who helped me with the process of my taxes in the field of capital gains/losses with my stock purchases. Charlotte is kind, patient, and very welcoming. I would definitely recommend her for her fields of expertise (there are many) and her widespread insight in the tax world. I am looking forward to doing further business with her! Come here if you would like someone that listens to your tax concerns and explores every avenue to help you through them!
Pulidosn Remodeling

Great tax person gave us knowledge and filled out our taxes correctly I will definitely recommend for company taxes and personal.
Rik Lik

Very informative. Easy to talk to, she explains everything, so that you understand it. Relaxed atmosphere. Highly recommended
Cruz Meza

Great explanation, awesome assistance!
Diana Ogaldez

I would recommend Charlotte. She did my taxes and took time to explain everything. She makes the process easy.

Don’t Leave Money Behind

Maximize your deductions and reduce your liabilities. Schedule with Paramount Tax & Accounting Brentwood PC today

Paramount Experience

Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accountingbookkeeping firm, such as Paramount Tax & Accounting Brentwood PC, is that we know taxes!

Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 Succession Planning firm in Brentwood. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting Brentwood PC!

Free Consultation 925-315-5118

Upgrade to Tax & AccountingBookkeeping Firm

Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accountingbookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accountingbookkeeping firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Accounting Brentwood PC a call or visit our tax and accountingbookkeeping firm in Brentwood for a free consultation.

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