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Tax & Accounting Services

Main Line Tax Advisors started life as a complete tax planning firm in Narberth, Pennsylvania. As we branched out geographically and with more diverse and comprehensive financial services, MLTA never forgot our core competency and today, tax preparation and advisement remains an integral part of our "big picture" approach.

Main Line Tax Advisor's accounting department is a professional, full service division serving widely diversified businesses and individuals. In fact, many of the clients for whom we partner on comprehensive advisement and investment services started out as clients for our tax preparation and planning services.

Customized Consultation

MLTA's tax and accounting services are tailored to the needs of each client, from small to mid-size businesses and non-profit organizations, to individuals who need tax and estate planning.

Consistently careful and concerned with every nuance of your tax life, Main Line Tax Advisors makes your burden bearable by focusing on the details. We undertake a systematic analysis of new client's complete financial life in an effort to improve the way that they are used to dealing with accountants. Main Line Financial Advisor's integrated approach and big picture planning creates synergy between your goals and the requirements of the government.

Have you ever been advised to “Check with your CPA” before investing? Most brokers and investment advisors are precluded from providing tax advice, but at Main Line Tax Advisors, you're supported by a team of experienced Certified Public Accountants, expressly qualified to advise you on how certain financial decisions can positively or adversely affect your taxes and your overall wealth goals.

Main Line Tax Advisors offers a wide range of tax-optimized financial strategies that are customized to meet your unique needs and objectives. These strategies help you accomplish three main goals:

  1. Enhancing wealth
  2. Preserving wealth
  3. Transferring wealth

To reach those goals, Main Line Tax Advisors — the complete tax and accounting practice — is positioned to offer comprehensive tax planning services supported by years of experience and underscored by our holistic financial planning approach including:

  • Corporate Taxes
  • Partnership Taxes
  • Trust Taxes
  • Payroll Taxes
  • Sales Taxes
  • Property Taxes
  • Gift Taxes

Ancillary Services

Over the years, Main Line Tax Advisors has developed an understanding of the diverse needs of our existing and potential clients. We maintain relationships with many of the most experienced financial service professionals in the region, prepared to support your personal or business tax plan and to provide the kind of expertise you need in related fields:

  • Banking
  • Property & Casualty Insurance
  • Accounting
  • Pension Administration
  • Legal Services
  • Third Party Administrators
  • Payroll Services
  • Mortgage Brokerage Services

Please contact Main Line Tax Advisors today so that we can help you fit all of the pieces of your financial future together.

Personal & Business Tax Preparation

Main Line Tax Advisors seeks to ease the annual anxiety of tax season for individuals, families and businesses with our comprehensive, professional tax preparation services. We take the time to explain tax matters in everyday English and we’ve been doing it for decades. We provide timely, professional and thorough tax return preparation:

  • Individual
  • Corporate
  • Partnership
  • Trust
  • Payroll tax
  • Sales tax
  • Property tax
  • Gift tax

Audit Preparation

Main Line Tax Advisors assists our tax advisement clients by preparing for and representing them during an audit. MLTA will review the tax authority notice or inquiry, explain what it means and apply the necessary research to the appeal process or other options available to our clients in the event the client disagrees with the tax authority’s findings. Main Line Tax Advisors can also communicate with the taxing authority on our client's behalf and represent them in an audit proceeding. This can involve answering questions for the taxing authority about the preparation of the client’s tax return, acting on and asserting arguments on the client’s behalf, negotiating and settling claims with the tax authority or assisting with the appeals process. In most situations we recommend full representation by Main Line Tax Advisors. If your situation is extremely serious, we can refer and work with a tax attorney to handle your case.

Estate Taxes and Life Insurance

Main Line Tax Advisors' planning process can be instrumental in developing a successful estate tax approach. Assets contributed to a charitable trust, for instance, are removed from your estate and shielded from estate taxes. On the other hand, because these assets are designated to charity, they aren’t available to your heirs.

A well-designed life insurance program can solve this dilemma. Irrevocable life insurance trusts can be used to replace the wealth donated to charity. If the life insurance trust is correctly structured and funded, the life insurance proceeds will be exempt from estate tax. 

Tax Planning

  • Several basic tax planning techniques can help MLTA save money for individuals and businesses:
  • Shifting income and deductions
  • Tax deferral through qualified plans
  • Tax exclusion through proper investments
  • Shifting of income among family members

To take advantage of these tax savings avenues, please contact us before the end of the year. We will review your current situation, offer suggestions, and provide a report outlining your potential savings that could result from employing these suggestions. Main Line Tax Advisors has access to a depth of valuable research materials using online services that benefit our clients when we plan and prepare their taxes.

Charitable Giving

Main Line Tax Advisors can facilitate intelligent giving like, Charitable Remainder Trusts (CRTs) which allow you to engage in philanthropy while generating substantial estate, tax and retirement benefits for you and your family. A CRT can potentially generate income tax deductions, help you avoid capital gains taxes, create tax-deferred retirement savings, and reduce estate taxes. When combined with life insurance, charitable trusts can achieve these objectives at little or no cost. A CRT helps you avoid capital gains tax on the sale of highly appreciated assets.