Tax

Business Tax

Fouts & Morgan brings a deeply experienced, multidisciplinary team and extensive resources to each client’s unique tax situation, and works closely to develop comprehensive, coordinated strategies to ensure tax compliance, limit exposure, and optimize performance.

Our team offers thorough understanding of federal and multi-state tax law and applies that knowledge to optimize tax-planning efforts. Our capabilities are tailored to the specific needs of each client. Fouts & Morgan’s compliance services team offers expertise for large corporations and small businesses alike. We keep abreast of the latest updates, laws, and regulations to make sure our clients comply with all reporting obligations.

Individual Tax

Preparing your own income tax return can be a task that leaves you with more questions than answers. Whether we like it or not, today's tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook the many deductions and credits available. Even if you use a computer software program there is no substitute for the assistance of an experienced tax professional. 

Your team at Fouts & Morgan utilizes the latest software to ensure compliance with the most recent federal and state tax changes and to provide you with every deduction to which you are entitled.  Our experienced tax preparers go beyond the preparation of your return to help identify tax planning opportunities to benefit you now and into the future.

Credits and Incentives

There are many generous credits and incentives offered to encourage certain investments at federal, state, and local levels. Our tax team help you gain a tax advantage across a broad range of industries and investments, posturing your business to optimize its tax position and set you up for long-term success. We have significant experience providing comprehensive tax incentive services, including:

  • Research and Development Tax Credits
  • Qualified Opportunity Zones
  • Empowerment Zone Credits
  • Rehabilitation Credits

State and Local Tax

Shortfalls in state budgets have made them more aggressive in extracting revenue from any source they can find. As a result, states are attempting to raise revenue through creative means to increase their tax base. Combining this with rapidly shifting laws and regulations, your business may be facing a larger state and local tax liability than it has in the past.

Fouts & Morgan’s tax team can help you gain control of the shifting landscape of state and local tax rules during any stage of a company’s life cycle. Addressing these changes can be labor-intensive and burdensome on company resources. We have the experience and insight to advise our clients who do business across state borders. 

Not-for-Profit Tax

Fouts & Morgan understands not-for-profit organizations are more than just a Form 990. We are a firm with extensive experience in the tax-exempt arena that can assist in the plethora of issues tax-exempt organizations face daily. Our not-for-profit team is here to help tax-exempt organizations gain control over a variety of tax issues including:

IRS Forms 990 and 990T: We have extensive experience with these crucial filings staying up to date on their changing requirements and reporting disclosures

Unrelated Business Income (UBI) Tax: The distinctions between tax-exempt revenue and the taxable realm of unrelated business income can be complicated. We’ll help you navigate the highly technical rules that separate the two.