Our accounting and tax planning services streamline bookkeeping and tax filing:
Our professionals can provide end-to-end real estate accounting and tax resolution support, freeing you to focus on converting sales and serving clients.
Polston Tax offers real estate industry accounting, tax planning and resolution services.
Our accounting and tax planning services streamline bookkeeping and tax filing:
Our tax resolution services achieve fair agreements with the IRS and state commissions. Tax resolution consists of various services, including the following:
Polston Tax prepares all tax documents relevant to construction companies and contractors. We distribute and file IRS forms such as Form W-2, Form W-4, Form 941, Form 940 and others as needed.
Polston Tax develops optimal tax strategies for companies in the construction industry. We will advance your comprehension of the taxes your business may owe — such as sales tax, use tax, payroll tax and excise tax — and pinpoint deduction opportunities available within Section 179.
Your real estate company contributes significant value to the community by managing, buying, selling, investing in and developing properties. The work you do may qualify you for federal or state credits. These incentives can differ by state and other factors, so work with Polston Tax to identify applicable perks.
Real estate companies may earn reductions for various activities, such as:
Many states, like Texas and Illinois, have historic preservation credits. These incentives usually only apply to properties recorded on the National Register of Historic Places or as state historic landmarks.
States like California, New York, Florida and Massachusetts offer infrastructure development credits to those who create affordable housing. These reductions provide an added incentive beyond those offered at the federal level. Reclaiming contaminated land may also qualify you for benefits in states like Massachusetts and New York. Brownfield redevelopment helps turn liability sites into valuable assets for the community or state.
Becoming a real estate agent can be a rewarding career choice. Your ability to generate sales creates a high-income ceiling and opportunities to earn substantial amounts from one transaction. These advantages coincide with the need to plan for tax season. The Internal Revenue Service (IRS) treats licensed agents as self-employed tax filers who are responsible for submitting tax payments.
At Polston Tax, your needs are at the heart of our processes. We utilize a collaborative approach to accounting, tax planning and tax resolution so your strategy aligns with your unique goals. When you work with us for tax planning, accounting or tax resolution services, our representatives will usher you through the following processes:
The real estate industry has multiple moving parts. Polston Tax can provide accounting and tax planning services for them all. We refine our strategies to meet the unique needs of real estate firms, broker-dealers, investment groups, financial institutions, title offices and property managers.
Our real estate CPAs understand the industry’s complexities. We implement efficient, compliant tactics for reporting revenue and expenses in a sector that features numerous types of transactions involving large sums of money.
We assist real estate companies by analyzing existing accounting and bookkeeping infrastructures, identifying areas for improvement and establishing succinct strategies that address them. Work with us to ensure reporting accuracy, streamline tax filing and advance your financial position.
Polston Tax’s accountants, attorneys and financial analysts are ready to build your accounting and tax strategies. We have the experience to execute precise tax planning and accounting for broker-dealers and agents in the real estate industry. Our process begins with a free consultation. Contact Polston Tax online to schedule your appointment today.
