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Estate planning

DMJPS

DMJPS PLLC is a North Carolina CPA and advisory firm providing tax, assurance and business advisory services to individuals, privately held businesses and corporations.

Succession work sits inside the advisory practice: succession and exit planning supported by an estate and succession planning CPA, business valuation, transaction advisory and mergers and acquisitions, guidance for leadership transitions and special projects, budgeting and forecasting, and strategic financial planning. Estate, gift and trust planning is handled within the tax practice, alongside business tax strategy and entity selection, multistate and local tax compliance, and IRS and state representation during audits.

Property owners are served through industry groups for real estate and construction and for real estate development and investment, commercial and residential. The firm also performs cost segregation studies, breaking construction and acquisition costs into categories so that components of a building depreciated over 27.5 or 39 years can be reclassified to shorter lives. It notes that this does not require amended returns and that catch-up depreciation is often available in the current filing year.

The firm says it has ten office locations across North Carolina, from the mountains to the coast, naming Greensboro, Asheville, Boone, Concord, Durham, Marion, Monroe, Mooresville, Sanford and Wilmington. The main number published is 888.873.2545. No fees are published, so ask how a valuation, cost segregation study or succession engagement is scoped and billed.

Best for

North Carolina business and property owners planning an ownership transition, a sale, or an estate and gift strategy, and real estate investors who want a cost segregation study from the same firm that files their returns.

What they do

  • Succession and exit planning
  • Estate, gift and trust planning
  • Business valuation services
  • Cost segregation studies
  • Tax planning, preparation and compliance
  • Audits, reviews and compilations
  • Transaction advisory and mergers and acquisitions
  • Client accounting and advisory services (CAAS)
  • Fractional CFO consulting
  • Multistate and local tax compliance
  • IRS and state representation
  • Employee benefit plan (ERISA) services

Details

AttributeValue
Other officesAsheville, NC, Boone, NC, Concord, NC, Durham, NC, Marion, NC, Monroe, NC, Mooresville, NC, Sanford, NC, Wilmington, NC

What stands out

  • Says it has ten office locations across North Carolina, from the mountains to the coast.
  • Cost segregation studies reclassify building components from 27.5- or 39-year lives to shorter recovery periods, without amended returns and often with catch-up depreciation.
  • Industry groups cover real estate and construction, and real estate development and investment, commercial and residential.