A strategic and proactive approach to income tax is the key to our philosophy at Cannon Wright Blount. Rather than limit our client involvement to year end and apply our tax expertise to historical activity on a reactionary basis, we invest the necessary time to plan and strategize with our clients throughout the year to maximize their business objectives in a manner that minimizes their income tax exposure and risk.

At Cannon Wright Blount, we encourage all taxpayers to seek information concerning the tax consequences of their transactions, investments, activities and operations. This is especially encouraged when a significant event, such as the formation of a business, the acquisition of assets or the sale or liquidation of an investment, is considered.

There are numerous tax strategies that can be employed within an organization. Determining which strategies will be most advantageous revolves around tax rates and the distinction between the taxation of ordinary income and capital gains. Other tax strategies deal with investment products and tax deferral issues and may need to be closely scrutinized to determine the tax exposure and associated economic risks. Retirement planning, asset protection and estate planning also entail significant legal and tax planning opportunities. At Cannon Wright Blount, we employ knowledge of individual, corporate, partnership and estate taxation coupled with knowledge of your business and industry to provide the highest level of value to your organization.