Barr CPA LLC & Tax Defense Shield LLC
We are a boutique CPA firm with a unique expertise in IRS Representation, Tax Resolutions and Appeals, Business Valuation , Forensic Accounting, Matrimonial Litigation and Strategic Planning giving us the ability to add significant value to our clients. The Firm is also certified as a personal financial specialist by the American Institute of CPAs and licensed as a Registered Investment Advisory firm by the NJ Bureau of Securities. We don't just look at the past and report on it; we consider what it should be, and what it could be, with the right planning and foresight. After all, the financial portion of your business is more than just balance sheets and income statements. It's more than tax preparation and filings. It's about identifying where you want to be, measuring your performance each step of the way with our Business Inteligence methodology and implementing processes for maximum impact.
BARR CPA LLC takes a balanced and integrated approach. We focus on your total business picture, not just your next return. We help you define the right overall tax position, designed to save you money in complex tax environments, while at the same time meeting your larger business goals. And since we often provide advice on many parts of a client’s business, we can see opportunities that other tax specialists might miss. The strength and sophistication of our in-house tax resources have put us in a position to assist in creative tax structures that resulted in business transactions occurring that were otherwise at an impasse.
We develop a solid understanding of clients' current financial posture coupled with immediate and long-term objectives in order to provide the tax minimization strategies that are most consistent with each client's goals. We help clients understand the complexities that encompass one’s whole compensation package. Sometimes, it makes sense to increase or decrease/defer current compensation depending on personal circumstances and your personal financial "big picture”. We are up-too-date on the best practice for implementing income shifting tax minimization strategies. We keep our eyes open for opportunities to legally place discretionary Income in a year when other income is lower or to shift income between two related business entities or family members. These flexible strategies can have a big Impact on April 15.