Tax Services

Parsec Financial integrates its tax services with your investment strategy and financial plan to provide solutions that can help minimize the taxes you owe. Our tax services include both tax strategy and tax compliance. We serve clients with multi-faceted taxation issues that arise both in personal and business matters.

The best outcomes for our clients result from strategic, proactive and timely tax planning.

Tax Strategy

Tax strategy is one important component of a well-rounded financial plan, so with that in mind, we work in tandem with your Parsec advisor and broader Parsec team to coordinate our planning and compliance services.

Parsec’s tax planning services center around making our client “tax aware.” Determining how you invest, how you give, what you sell and when you sell it are all important decisions that could have tax consequences and thus should be carefully reviewed with a CPA. Moreover, longer-term decisions like retirement and estate planning also have critical tax components that should be analyzed initially and then re-analyzed if/when changes occur.

We believe that tax planning is a vital component of financial planning and accordingly serves as an essential spoke in the wheel of Parsec’s investment management offering for our clients.

Tax Compliance

Tax compliance services include the preparation of individual income tax returns, corporate returns, partnership returns, fiduciary income tax returns for estates and trusts, and U.S. estate and gift tax returns in wealth transfer situations. We prepare approximately 700 individual, business and fiduciary returns annually on behalf of Parsec clients.

We can assist clients with representation before federal and state tax authorities and aid in the more routine chores regarding withholding and estimated tax payments.

We believe it is important to be highly responsive to our clients and encourage clients to communicate freely with us during the tax year. Tax compliance sets the stage for dialogue throughout the year and we welcome those conversations. An important measure of our success is our client’s sense of our attention to their needs when advice and counsel is needed.

Speak With One Of Our Tax Professionals Today!

Parsec’s tax director Brad Burlingham is an experienced and credentialed professional. Along with his team, they have significant knowledge in business, trust and estate and individual taxation issues. Brad has been a CPA for 30 years. Andrew Small is Parsec’s tax manager and has been a CPA for 15 years. They are based in Parsec’s South Asheville location and supported by a team of tax specialists and support staff.