Associates in Accounting, CPA (502-451-4375) announces specialized tax preparation services for Louisville businesses undergoing restructuring.
-- Senior partner Rick Fields, CPA, leads the firm in responding to increased demand from business owners navigating mergers, acquisitions, divestitures, and reorganizations amid evolving federal and state tax regulations. The most recent federal spending package, signed into law on July 4, 2025, introduced significant changes to the tax code, making the timing of this service offering particularly relevant for companies in transition.
More information is available at https://associatesinaccountingcpa.com/
As the firm explains, in Kentucky, businesses that alter their legal or ownership structure must file with the Secretary of State and update their tax information with the Kentucky Department of Revenue, in accordance with statutes such as KRS 271B.14-030 for corporations and KRS 275.285 for limited liability companies. "Small- to medium-sized enterprises often lack the internal expertise to navigate these regulatory complexities, leaving them vulnerable to costly mistakes and missed opportunities for tax optimization," said Fields.
The newly announced services from Associates in Accounting focus on several core areas that directly impact restructuring outcomes. The firm analyzes tax implications across various transaction types, helping clients understand the consequences of asset sales versus stock sales and taxable versus tax-free reorganizations under IRC Section 368. This strategic transaction structuring can unlock significant savings by deferring tax liability or maximizing the use of net operating losses and research and development credits.
Associates in Accounting has built its practice around reducing taxes and increasing profits for small to medium-sized businesses in Louisville, positioning the firm as a local resource with deep knowledge of Kentucky-specific requirements. The firm's focus on business tax planning aligns with the needs of executives and owners who must balance operational priorities with regulatory demands during periods of significant change.
The ever-changing regulatory landscape requires businesses undergoing restructuring to maintain accurate records and anticipate tax obligations throughout the transition process. Associates in Accounting emphasizes proactive planning to ensure clients remain compliant while taking advantage of available deductions and credits. The firm's approach includes detailed record-keeping, identification of deductible expenses, and strategic timing of income recognition to manage liabilities effectively.
Business owners are invited to reach out to Fields and his team in advance of the 2025 tax season. They emphasize that early preparation, particularly when business structures may be changing, is essential to protect income streams and anticipate upcoming challenges.
For more details, visit https://associatesinaccountingcpa.com/
Contact Info:
Name: Melissa Hayes
Email: Send Email
Organization: Associates in Accounting, CPA
Address: 9405 Mill Brook Road Suite 102, Louisville, Kentucky 40223, United States
Website: https://www.associatesinaccountingcpa.com
Source: NewsNetwork
Release ID: 89182324
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