Tax Consultancy and Advisory Services

Tax Consultancy & Advisory Services in Texas

Whether you are an individual taxpayer, a small business owner, or a growing corporation in Texas, tax obligations can be complex and constantly evolving. Navigating these intricacies requires not only knowledge of tax laws but also a strategic approach to managing and planning your financial obligations. This is where expert tax consultancy and advisory services come into play.

GavTax Advisory Services is your trusted partner in Texas, delivering professional tax guidance tailored to your specific financial situation. With an in-depth understanding of federal and state regulations, our goal is to empower you to make informed tax decisions while maintaining full compliance.

Why Tax Consultancy Services Are Essential in Texas

Texas may not impose a state income tax, but there are numerous tax considerations for residents and businesses, including property taxes, franchise taxes, and federal obligations. Additionally, industries like real estate, healthcare, and e-commerce face unique regulatory challenges.

Professional tax consultants helps you:

• Reduce tax liabilities within the bounds of the law

• Structure income and investments tax-efficiently

• Stay ahead of compliance deadlines

• Avoid penalties, interest, and audits

• Optimize deductions and credits

With GavTax Advisory Services, you gain a proactive partner who works with you year-round, not just at tax time.

Who Can Benefit from Our Services?

Our services are customized for a diverse clientele across Texas, including:

• Entrepreneurs & Startups: Need help selecting the right entity and reducing startup costs?

• Real Estate Investors: Looking to use strategies like 1031 exchanges and depreciation planning?

• Healthcare Professionals: Balancing practice finances and personal wealth?

• High-Net-Worth Individuals: Seeking long-term wealth preservation and estate planning?

• Small to Mid-sized Businesses: Struggling with compliance, payroll, or multi-state operations?

GavTax Advisory Services caters to your unique goals and challenges.

Core Tax Consultancy Services Offered

1. Tax Planning for Individuals and Businesses

Tax planning is not a one-time event but an ongoing process. Our team evaluates your entire financial landscape to identify opportunities for savings and efficiency.

Services include:

• Annual tax projection and planning

• Retirement contribution strategies (401(k), IRA, SEP, etc.)

• Investment and capital gains tax planning

• Tax-loss harvesting

• Education savings planning (529 plans)

• Charitable giving strategies

For businesses:

• Section 199A qualified business income deduction

• Expense classification

• Equipment purchases and depreciation

• Cash vs. accrual accounting methods

2. Entity Selection & Structuring

Choosing the right business structure impacts everything from taxation to liability and growth.

We help you determine whether a Sole Proprietorship, LLC, S-Corporation, C-Corporation, or Partnership best fits your business needs.

Benefits of proper structuring:

• Tax efficiency

• Better financial management

• Easier access to capital

• Legal protection and reduced risk

3. IRS Representation & Tax Problem Resolution

Facing an audit or letter from the IRS can be stressful. Our seasoned tax professionals act on your behalf, minimizing penalties and negotiating favorable outcomes.

We provide help with:

• IRS audits and correspondence

• Back taxes and late filings

• Offers in Compromise

• Installment Agreements

• Wage garnishment release

• Tax liens and levies

4. Franchise, Sales, and Local Tax Compliance

Texas businesses face complex sales and franchise tax rules. We ensure accurate filings and compliance for businesses operating across multiple jurisdictions.

Areas covered:

• Texas Franchise Tax returns

• Sales & Use Tax reporting and nexus analysis

• State-specific deductions and credits

• Business license renewals

• Local tax ordinances and compliance

5. Real Estate Tax Strategy

The real estate industry in Texas is booming. Our specialized tax strategies help realtors, investors, and developers improve returns and reduce risk.

Strategies include:

• Cost segregation studies

• 1031 like-kind exchange planning

• Passive vs. active income strategies

• Real estate professional status optimization

• Property tax planning

6. International Tax Compliance

For clients with international income, assets, or business operations, we offer:

• FBAR and FATCA compliance

• Foreign income exclusion

• Cross-border taxation

• Tax treaties and credits

Why Choose GavTax Advisory Services?

 Deep Knowledge of Texas Tax Code

From franchise taxes to local levies, we understand the unique challenges Texas-based clients face.

 Personalized, Proactive Service

We work closely with each client, building a long-term relationship that adapts with your goals.

 Year-Round Support

Our services are not limited to tax season. We are available throughout the year for questions, planning, and strategy sessions.

 Secure Technology

Virtual meetings, secure document portals, and cloud-based access allow us to serve clients across Texas with confidence and convenience.

Areas We Serve

GavTax Advisory Services serves individuals and businesses across all major cities and rural areas of Texas, including:

• Austin

• Houston

• Dallas-Fort Worth

• San Antonio

• El Paso

• Plano

• Lubbock

• Midland

• Amarillo

• And surrounding regions

Whether you’re in the heart of a metro area or managing a business remotely in West Texas, we bring reliable tax expertise to you.

Let GavTax Be Your Trusted Tax Partner

Success starts with smart tax planning. With more than just compliance, GavTax Advisory Services helps you:

• Protect your income and assets

• Plan confidently for the future

• Stay ahead of legislative changes

• Make sound business and financial decisions

Our commitment to professionalism, transparency, and personal service has made us a trusted name in Texas tax consultancy.