Plan ahead.
Keep more of what you earn.

H2 provides tax preparation and compliance services for privately held businesses, business owners, individuals, trusts, estates, nonprofit organizations, and other entities.

Depending on the client’s needs, we prepare individual, S Corporation, partnership, C Corporation, trust and estate income tax, estate tax, gift tax, nonprofit and tax-exempt, sales and use tax, tangible personal property tax, and other applicable federal and state filings within the scope of our tax practice.

Tax preparation primarily looks backward. It organizes information from a completed tax year and prepares the returns required to report that activity.

Tax planning is forward-looking. It evaluates anticipated income, business decisions, entity structure, timing, and other factors while there may still be opportunities to affect future tax outcomes.

H2 provides both, allowing planning and preparation to work together.

It depends on the complexity of the business and how quickly things are changing.

For many growing businesses, quarterly tax planning provides a useful cadence for reviewing year-to-date performance, updating projections, discussing significant changes, and evaluating potential planning opportunities before year-end.

Businesses undergoing rapid growth, acquisitions, ownership changes, or other major events may benefit from more frequent conversations.

Yes.

An S Corporation election can make sense in certain circumstances, but it isn’t automatically the right structure for every business.

We can evaluate factors such as expected profitability, owner compensation, distributions, administrative complexity, and the owner’s broader tax position to help determine whether an election should be considered.

No.

While H2’s tax practice is heavily focused on privately held businesses and their owners, we also prepare individual, trust, estate, gift, nonprofit, and other tax returns based on the needs of our clients.

Our integrated approach can be particularly valuable for business owners whose business interests, personal tax position, investments, trusts, estate planning, and other financial matters overlap.

Yes.

Businesses can create sales tax obligations in states where they have physical presence or where their sales exceed applicable economic nexus thresholds.

H2 can help businesses evaluate potential nexus, assess product or service taxability considerations, register in applicable jurisdictions, and assist with ongoing sales and use tax compliance.

Yes.

Ideally, tax planning begins well before a transaction is finalized.

H2 can help model potential transaction structures, evaluate asset versus equity considerations, analyze purchase price allocation and installment-sale issues, estimate potential tax implications, and coordinate with your legal and M&A advisors.

Because H2 also provides Business Valuation and M&A Advisory services, these conversations can be coordinated across multiple disciplines.

Yes.

Tax strategy often intersects with legal, estate planning, investment, banking, and transaction matters.

H2 can work alongside your existing advisors and focus on the tax and financial considerations within our scope.

No.

Tax outcomes depend on individual facts and circumstances, changes in tax law, financial performance, transactions, and decisions made by the taxpayer.

Our role is to identify and evaluate planning opportunities, explain potential tax implications, and help clients make better-informed decisions based on their specific circumstances.