Tax preparation is the process of compiling and filing your tax return based on the financial activity that has already occurred. Tax planning is the proactive, strategic process of making decisions throughout the year — about income timing, deductions, entity structure, investments, and transactions — that minimize your tax liability before your return is ever filed. At Yeo & Yeo, tax preparation is the end product of a year-round planning relationship, not the entirety of the service. Our tax professionals engage with clients throughout the year to identify and implement strategies that reduce tax burden, improve cash flow, and align tax decisions with broader business and personal financial goals.

Yeo & Yeo provides tax planning and compliance services for businesses of every structure and size across Michigan’s key industries, including manufacturing, construction and real estate, healthcare, agribusiness, financial institutions, nonprofit organizations, government and public sector entities, education, and cannabis. Our tax professionals include industry specialists who understand the unique tax issues, credits, deductions, and compliance requirements relevant to your specific sector — so your tax strategy is always grounded in the real financial dynamics of your industry, not generic advice that may not apply.

High net worth individuals face tax complexity that goes well beyond a standard personal return — including investment income, business ownership interests, executive compensation, multi-state exposure, charitable giving strategies, and significant estate planning considerations. Yeo & Yeo’s individual tax professionals take a comprehensive, year-round approach to high net worth planning that addresses all of these dimensions in a coordinated strategy. We work closely with your wealth management and estate planning advisors — including Yeo & Yeo Wealth Management where applicable — to ensure your personal tax strategy is aligned with your investment strategy, your business exit plan, and your long-term wealth transfer goals.

Estate, trust, and gift tax planning is not just a concern for the ultra-wealthy — it is a critical dimension of financial planning for any business owner, professional, or individual with meaningful assets to protect and transfer. Decisions about how you structure ownership of your business, how you title assets, how you give to family members, and how your estate is organized have significant tax implications that interact directly with your income tax, business tax, and wealth management strategy. Yeo & Yeo’s estate and trust tax advisors work in close coordination with your tax, business consulting, and wealth management team to ensure your estate and gift planning strategy is tax-efficient, legally sound, and fully integrated with your overall financial plan.

Facing an IRS examination, notice, or tax dispute is stressful — but having the right representation makes an enormous difference in the outcome. Yeo & Yeo’s federal tax consulting team represents clients in IRS examinations, appeals, and dispute resolution proceedings, bringing deep technical knowledge, careful documentation, and experienced advocacy to every matter. We assess the issue, advise you on the strongest response strategy, manage all communications with the IRS on your behalf, and work to resolve the matter as efficiently and favorably as possible. If a dispute escalates to the appeals level or beyond, we have the expertise and the professional network to support you through the full resolution process.