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Lynn Business & Tax Services, LLC

Applying Big Firm Experience to Large and Small Engagements

Taxes

Lynn Business & Tax Services, LLC ("LB&T") provides a wide range of tax compliance and consulting services.  Founding member Tammy L. Foskey has 26 years of public accounting experience and has provided services for all industries and all entity types with varying levels of revenue.  Throughout her career, she has also provided compliance and consulting services to individual clients.” Tammy has extensive knowledge of most common tax software packages.  As part of her background, Tammy started a service center for a former firm that prepared individual and business returns and related filings.

The following services are among those provided by LB&T in the tax area

  • LB&T prepares tax returns after preparing income statements and balance sheets, making the entire process smooth and seamless
  • Individual Income Tax Return and Estimate Preparation
  • Schedule C Preparation (including profit and loss statement preparation)
  • Schedule E Rental Preparation (including profit and loss statement preparation)
  • Schedule F Farming Preparation (including profit and loss statement preparation)
  • C Corporation Income Tax Return and Estimate Preparation
  • S Corporation Income Tax Return and Estimate Preparation
  • Partnership Income Tax Return and Estimate Preparation
  • Supporting international filings for all business entities and individuals
  • Form 1099 and W-2 Preparation
  • Property Tax Return Preparation
  • Return preparation includes federal, state, local and foreign filings
  • C Corporation preparation includes consolidated and combined state filings (if applicable)
  • S Corporation and Partnership Preparation includes composite state filings (if applicable)
  • Local filings such as Ohio Commercial Activity Tax (CAT)
  • Consulting services for all business entities and individuals
  • Business entity type selection (C Corporation, S Corporation, Partnership, LLC and etc.)
  • Calculation of various tax credits such as Research and Development and Work Opportunity
  • Calculation of the new Pass-Through Deduction
  • Manufacturing deduction
  • Preparation of forecasts and projections for all entity types and individuals
  • Preparation of tax basis balance sheet
  • Preparation of stock versus asset sales of companies
  • Federal, state and local audit defense