While many firms do not routinely handle these issues, Southern Tax Partners brings the experience and technical depth required to address them correctly. We assist clients with advanced tax matters, including:
-
Seriously delinquent tax filings
-
Pass-through entity taxation, including income, credits, offsets, and liability allocations
-
Federal and state net operating losses (NOLs), including analysis and utilization
-
Multi-state personal and corporate filings, including composite returns and state apportionment
-
Foreign reporting requirements, including FBAR compliance
-
Tax basis analysis, including at-risk and passive activity limitations
“Most complex tax problems aren’t caused by a single issue or mistake. They arise from layered decisions and overlooked interactions. Our role is to understand those interactions and manage the risk they create.” – Laurie
Complex Tax Matters
Complex Tax Matters
While many firms do not routinely handle these issues, Southern Tax Partners brings the experience and technical depth required to address them correctly. We assist clients with advanced tax matters, including:
-
Seriously delinquent tax filings
-
Pass-through entity taxation, including income, credits, offsets, and liability allocations
-
Federal and state net operating losses (NOLs), including analysis and utilization
-
Multi-state personal and corporate filings, including composite returns and state apportionment
-
Foreign reporting requirements, including FBAR compliance
-
Tax basis analysis, including at-risk and passive activity limitations
“Most complex tax problems aren’t caused by a single issue or mistake. They arise from layered decisions and overlooked interactions. Our role is to understand those interactions and manage the risk they create.” – Laurie
IRS & State Controversy Matters
IRS and state tax controversy work was the original focus of our firm, and this remains a core area of expertise. We bring decades of experience representing taxpayers in complex, high-stakes disputes, where accuracy, judgment, and persistence matter.
Our work extends beyond income tax issues to include trust fund taxes, such as sales tax and payroll tax matters. We regularly engage with the Taxpayer Advocate Service, and when necessary have represented clients in IRS Appeals and mediation disputes.
We have achieved successful outcomes across a wide range of controversy matters, including:
-
Audit representation
-
Levy and lien releases
-
Offers in Compromise
-
Installment agreements and collection alternatives
-
Resolution of payroll and sales tax liabilities
We approach controversy matters with a disciplined, methodical strategy — focused on protecting our clients’ rights, reducing exposure, and bringing matters to resolution as efficiently as possible.
“The IRS controls the process, and it can be frustrating and slow. Experience is knowing how to work effectively within that reality.” – Laurie
Rollover Business Start-ups (ROBS)
For more than a decade, we have advised hundreds of clients on Rollover Business Start-ups (ROBS), addressing matters such as:
-
Entity structuring, including multi-entity arrangements
-
Ongoing compliance and regulatory requirements
-
Compensation design and tax planning
-
Strategic planning for exiting a ROBS structure
While ROBS arrangements are often presented as a simple financing solution, the decision requires careful consideration — particularly when retirement assets are involved.
As we do for many firms, we can partner with you to advise on key decisions, help maintain compliance, minimize tax exposure, and determine the appropriate time to exit your ROBS structure.
“When reviewing books prepared by other accountants and CPAs, I’m often surprised by how frequently I find reporting errors, prohibited transactions, and transactions involving disallowed parties. The risks and penalties associated with these issues can be significant. It’s important that a ROBS owner works with an experienced firm like Southern Tax Partners.” – Randy
Valuation Services
Our valuation services focus on closely held businesses and business operating within a Rollover Business Start-Ups (ROBS) structure. While we can prepare a formal valuation report compliant with SSVS standards and IRS requirements, in many cases a full report is not necessary.
We assist ROBS clients with:
-
Determining the fair market value of employer stock to support adequate consideration for initial transactions, annual compliance, and Form 5500 reporting
(formal report typically required) -
Estimating tax exposure related to a future sale or exit from the ROBS structure
(formal report generally not required) -
Identifying and monitoring the key drivers of value, with an emphasis on maintaining compliance and protecting retirement assets over time
(formal report generally not required)
A ROBS arrangement places retirement funds directly at risk in the operating business. For that reason, a valuation should not be a one-time exercise, but a continual part of the owner's retirement planning process.
“Since a ROBS business is often an owner’s largest retirement asset, the owner should know what the business is worth and what are the drivers of its change in value - especially since the business owner's retirement is dependent on it." – Randy
CPA Firm Advisory Services
Over several decades, we have built, acquired, valued, and transitioned CPA firms — both for our clients and within our own practice. This direct experience allows us to advise firm owners with a practical understanding of both the technical and human factors that drive value and influence successful transitions.
Not all buyers and sellers approach a transaction the same way. Differences in expectations, priorities, and risk tolerance can materially impact outcomes.
We help firm owners prepare for these realities — positioning the practice appropriately, aligning expectations, and avoiding common missteps. The result is often a more efficient process, stronger negotiating position, and, in many cases, meaningful financial benefit.
“When I bought my first firm, I didn’t fully understand the process — and I made mistakes. With the benefit of experience on both sides of transactions, I now know what buyers look for and where sellers often fall short. I use that perspective to help you avoid those same mistakes and position your firm for a better outcome.” – Laurie
Rollover Business Start-ups (ROBS)
For more than a decade, we have advised hundreds of clients on Rollover Business Start-ups (ROBS), addressing matters such as:
-
Entity structuring, including multi-entity arrangements
-
Ongoing compliance and regulatory requirements
-
Compensation design and tax planning
-
Strategic planning for exiting a ROBS structure
While ROBS arrangements are often presented as a simple financing solution, the decision requires careful consideration — particularly when retirement assets are involved.
As we do for many firms, we can partner with you to advise on key decisions, help maintain compliance, minimize tax exposure, and determine the appropriate time to exit your ROBS structure.
“When reviewing books prepared by other accountants and CPAs, I’m often surprised by how frequently I find reporting errors, prohibited transactions, and transactions involving disallowed parties. The risks and penalties associated with these issues can be significant. It’s important that a ROBS owner works with an experienced firm like Southern Tax Partners.” – Randy
IRS & State Controversy Matters
IRS and state tax controversy work was the original focus of our firm, and this remains a core area of expertise. We bring decades of experience representing taxpayers in complex, high-stakes disputes, where accuracy, judgment, and persistence matter.
Our work extends beyond income tax issues to include trust fund taxes, such as sales tax and payroll tax matters. We regularly engage with the Taxpayer Advocate Service, and when necessary have represented clients in IRS Appeals and mediation disputes.
We have achieved successful outcomes across a wide range of controversy matters, including:
-
Audit representation
-
Levy and lien releases
-
Offers in Compromise
-
Installment agreements and collection alternatives
-
Resolution of payroll and sales tax liabilities
We approach controversy matters with a disciplined, methodical strategy — focused on protecting our clients’ rights, reducing exposure, and bringing matters to resolution as efficiently as possible.
“The IRS controls the process, and it can be frustrating and slow. Experience is knowing how to work effectively within that reality.” – Laurie
Rollover Business Start-ups (ROBS)
For more than a decade, we have advised hundreds of clients on Rollover Business Start-ups (ROBS), addressing matters such as:
-
Entity structuring, including multi-entity arrangements
-
Ongoing compliance and regulatory requirements
-
Compensation design and tax planning
-
Strategic planning for exiting a ROBS structure
While ROBS arrangements are often presented as a simple financing solution, the decision requires careful consideration — particularly when retirement assets are involved.
As we do for many firms, we can partner with you to advise on key decisions, help maintain compliance, minimize tax exposure, and determine the appropriate time to exit your ROBS structure.
“When reviewing books prepared by other accountants and CPAs, I’m often surprised by how frequently I find reporting errors, prohibited transactions, and transactions involving disallowed parties. The risks and penalties associated with these issues can be significant. It’s important that a ROBS owner works with an experienced firm like Southern Tax Partners.” – Randy
CPA Firm Advisory Services
Over several decades, we have built, acquired, valued, and transitioned CPA firms — both for our clients and within our own practice. This direct experience allows us to advise firm owners with a practical understanding of both the technical and human factors that drive value and influence successful transitions.
Not all buyers and sellers approach a transaction the same way. Differences in expectations, priorities, and risk tolerance can materially impact outcomes.
We help firm owners prepare for these realities — positioning the practice appropriately, aligning expectations, and avoiding common missteps. The result is often a more efficient process, stronger negotiating position, and, in many cases, meaningful financial benefit.
“When I bought my first firm, I didn’t fully understand the process — and I made mistakes. With the benefit of experience on both sides of transactions, I now know what buyers look for and where sellers often fall short. I use that perspective to help you avoid those same mistakes and position your firm for a better outcome.” – Laurie
Valuation Services
Our valuation services focus on closely held businesses and business operating within a Rollover Business Start-Ups (ROBS) structure. While we can prepare a formal valuation report compliant with SSVS standards and IRS requirements, in many cases a full report is not necessary.
We assist ROBS clients with:
-
Determining the fair market value of employer stock to support adequate consideration for initial transactions, annual compliance, and Form 5500 reporting
(formal report typically required) -
Estimating tax exposure related to a future sale or exit from the ROBS structure
(formal report generally not required) -
Identifying and monitoring the key drivers of value, with an emphasis on maintaining compliance and protecting retirement assets over time
(formal report generally not required)
A ROBS arrangement places retirement funds directly at risk in the operating business. For that reason, a valuation should not be a one-time exercise, but a continual part of the owner's retirement planning process.
“Since a ROBS business is often an owner’s largest retirement asset, the owner should know what the business is worth and what are the drivers of its change in value - especially since the business owner's retirement is dependent on it." – Randy