Family, business, and legacy in one view
Trusts, estates, and complex individual tax matters.
For business owners, the personal and family side of the balance sheet is rarely separate from the company. Both are handled in the same relationship.
Fiduciary work carries its own filings, elections, and deadlines, and it frequently intersects with a business transition — a family transfer, a buyout funded by an estate, or property held outside the operating entity. Coordination between the trustee, the attorney, and the CPA is what keeps that from becoming an expensive surprise.
Fiduciary and estate compliance
Preparation and review of the returns and schedules trustees, executors, and beneficiaries rely on, with attention to basis, distributions, and timing.
- Trust and estate fiduciary income tax returns
- Beneficiary reporting and distribution analysis
- Basis tracking and step-up considerations
- Coordination with trustees and executors
- Working with the family's attorney on documents already in place
Complex individual returns
Owners, executives, and retirees whose returns involve multiple entities, rental property, investment activity, or multi-state exposure.
- Multi-entity K-1 and pass-through reporting
- Rental and real estate holdings
- Investment, capital gain, and installment reporting
- Retirement distribution and Social Security timing
- Multi-state residency and allocation questions
Where this connects to succession
When a transition involves family, the estate plan and the business plan have to agree with each other. Michael's succession work and the fiduciary work are handled together so the tax modeling reflects both.
Legal drafting, fiduciary appointment, and estate administration are legal services and are not provided by the firm. Michael works with your attorney on the tax and reporting aspects of documents already in place.
Discuss a trust, estate, or family tax matterStart the conversation
The best time to strengthen the business you may one day leave is before the transition is urgent.
Bring accounting, tax strategy, business performance, and succession planning into one forward-looking relationship with Michael C. Williams, CPA, MS.