Southwest Accounting Pros, LLC

In reality, today is the first day! Transferring a closely held business, or even shutting down, has particular planning issues that need to be explored, including asset distribution, benefits planning, income and taxes. The best timeline is at least three years in advance, but the longer you work with Southwest Accounting Pros, LLC, the more successful your transition to retirement will be.

Typically, closely held real estate businesses should work to diversify their liability due to exposures that may exist with the holdings. LLCs can protect a closely held business owner, but the structure of those LLCs should be made carefully and with future planning involved.

There are many ways a business owner can leverage their business for current and future benefits for income, benefits, and retirement. Working with Southwest Accounting Pros, LLC, we will get to understand your current and future needs and help design plans that take advantage of tax as well as benefits planning.

There are many implications to the transfer, sale, or closing of any business. Closely held businesses are the same. Careful planning for taxation of income, consideration of future potential income and retirement benefits, ongoing business concerns for employees, clients, and family, and particular licensing concerns for professional service businesses all need to be taken into consideration. The best plan is long-term, so the beach may only be a weekend thing for a bit.

Within a closely held business there are considerations for participation that need to be made. Planning for retirement income for you while making sure your family continues to make a living is only part of the planning process. Southwest Accounting Pros, LLC can help design a long-term plan that takes advantage of tax and benefits opportunities today for you and your family.

While we are a full-service accounting firm, we specifically focus on being a full-service accounting and benefits planning firm for closely held businesses. Our background is based in oil and gas, real estate, professional services, and construction, but our team is well versed in many other sectors.

Southwest Accounting Pros, LLC works on a fixed-fee format as we believe in being a holistic accounting and planning firm. Our in-depth approach allows us to provide services without creating concerns about additional hourly charges. When you choose us, you never have to worry about unknown costs.

As a practice that focuses on closely held businesses, we work with our clients on their personal tax and benefit planning as well. A natural extension to taking care of the business, we take care of the owners of those same businesses as well.

They provide guidance on C corporations, S corporations, and LLCs, exploring advantages for your current and future plans to ensure optimal tax and planning outcomes.

Timing depends on various factors including owner benefits and income considerations. Planning ahead with Southwest Accounting Pros, LLC helps develop strategies for the best results.

Retirement planning should start at least three years in advance to address asset distribution, benefits, income, and taxes, making the transition smoother.

Yes, they specialize in full-service accounting and benefits planning for closely held businesses, with expertise in sectors like oil and gas, real estate, professional services, and construction.

They accept American Express, Check, Discover, MasterCard, and Visa for your convenience.

They are open Monday through Friday from 8:30 AM to 5:00 PM and closed on weekends.

Yes, they have wheelchair-accessible entrances, seating, and restrooms to accommodate all clients.

Yes, appointments are required, but they also offer online appointment options for flexibility.

Clients can visit nearby legal professionals such as Affordable Law, Barrera Law Firm, Wolf and Fox, Carmody Law Offices, or The Garrison Law Firm for comprehensive legal assistance.

Yes, nearby options include Consumer Direct Care Network New Mexico and Companion Care, providing home health care and retirement home services.

Clients can relax or stay overnight at Hotel Cascada or explore local beauty salons like Amorfia.Beauty and Terra Verde Beauty near the office.