Tax Planning
The adage, “proper planning prevents poor performance” is never truer than with tax planning. When it comes to taxes, planning is the key to success – which is legally reducing your tax liability. Our planning goes beyond compliance and proactively recommends tax saving strategies to maximize your after-tax income.
We continually enhance our mastery of the current tax laws, complex tax code, and new regulations. This is our top priority. To guarantee this, we engage in frequent professional education opportunities and highly specialized tax seminars.
Tax Planning makes sure that you or your business pays the lowest allowable taxes by identifying ways to minimize your taxes throughout the year, not just at year’s end.
We’ll recommend Tax Saving Strategies that help you…
- Grow and preserve assets by minimizing the government’s claim on your income.
- Defer income if you need to keep more now and pay taxes later.
- Keep more of what you make by reducing your tax liability.
- Reduce estate taxes and allow family members to retain more of your legacy.
- Give more by lowering taxes on your gifts.
- Decrease investment related taxes so you can grow wealth faster.
- Retire in style through reductions on your retirement distributions.
A small sample of the Tax Saving Strategies we use…
- Splitting income among several family members or legal entities to get more of the income to a lower tax bracket.
- Shifting income or expenses strategically to different years to achieve a lower tax rate.
- Deferring tax liabilities through certain investment choices such as pension plans, contributions, and other similar plans.
- Employing certain investments to produce income that is tax exempt federal and/or state taxing entities.
- Creating tax deductions by structuring your cash flow to pay for things you can enjoy, such as a vacation home.
You hire us and we work for you – not the IRS! Our clients know that the cost of our services is greatly outweighed by the benefits in reduced tax liability that we achieve through careful planning and legal tax strategies.
We can provide you with more information or you can hire us now!