Individuals
Tax and Accounting Services for Individuals, Families, Trusts and Estates
Individuals and Families
We specifically address the needs of individuals and families on a case by case basis, tailoring our service plan to the personal objectives of each client. By listening and understanding the individual’s financial goals, we can assist in meeting those objectives through income tax planning, gift and estate tax planning, asset protection, or various other related vehicles.
Our web-based private folders allow our tax clients to securely access drafts of tax returns in order to review them prior to electronic filing. In addition to fast delivery, this method of transmission is more secure than email or faxing.
Trusts and Estates
Trustees and executors benefit from the experience and expertise of our shareholders and professionals. We serve as tax advisors and preparers for a number of bank trust departments, as well as for individual trustees and executors. We work with our clients’ attorneys and valuation experts in planning for, establishing, and administering trusts, conservatorships and in probate matters.
Services include:
- Estate planning
- Gift tax planning and preparation
- Estate tax preparation
- Administration of trusts
- Preparation of all types of trust returns
Many of our clients take advantage of our secure, web-based, interactive worksite, streamlining communication and collaboration with their Fox, Byrd & Company service team.
Recent News for Individuals, Families, Trusts and Estates
Are college scholarships and grants taxable?
Sep 7, 2023 | Accounting, Consulting, Individuals, Tax
With students headed back to campus, college finances are on the minds of many parents. This includes parents of students who have received scholarships and grants. Obviously, these funds help relieve some of the burden of paying for college. But you might be...
Stay on track with your college savings plans
May 21, 2023 | Individuals, Tax
The COVID-19 pandemic has affected families’ finances in many ways. One negative impact for some families has been a disruption in their well-laid college savings plans. The economic crush of the pandemic may have put saving for your child’s college education on the...
How to manage taxes in retirement
May 13, 2023 | Consulting, Individuals, Tax
Good for you! You're planning and saving money for a financially secure retirement. But don't neglect the one factor that could make an important difference: the impact of taxes on retirement finances.Many retirees don't consider how taxes will affect their...