TAX PLANNING AND STRATEGY
Tax planning and strategy is the process of looking at a person’s life, business, and regulatory requirements to LEGALLY reduce taxes. This takes place before year end as opposed to tax preparation that takes place after year end.
Think of tax planning and strategy like this:
Tax Preparation = Cost
Tax Strategy = Investment with ROI
Tax planning includes tax projections to estimate future liabilities, incorporating assumptions, ensure compliance and help mitigate surprises over the following year. Tax planning services are typically done once a year.
Tax strategy includes proactive, personalized tax strategies to minimize taxes and quantify savings, over the short and long term, with ongoing consultation throughout the year.
Our approach to minimizing taxes includes: a comprehensive review of possible deductions, legal entity structure, retirement planning, insurance and asset protection, potential loopholes, real estate tax strategies, the Tax Cuts and Jobs Act (TCJA), the Inflation Reduction Act, new tax policies, and niche-specific strategies. This also includes a thorough review of both previous and current year tax returns.
Why It Matters?
Without a proper tax plan, you could be unknowingly losing
money each year. Strategic planning allows you to take
advantage of available tax breaks, ensuring you don’t pay more
than necessary. By maximizing your savings, you can significantly
reduce the amount of money that goes to Uncle Sam.
What to Expect
While tax planning starts with a plan, that plan needs to be
implemented in a legal manner, maintained, and reflected
in the tax return.
- Personalized tax strategies and plan
- Tax plan implementation and maintenance
Our Process
- Deep Dive Call – We work with you to set goals for the current tax year and the future
- Planning & Goal Setting – We develop strategies and a tax plan for you based on your specific needs
- Ongoing Accountability – We help you implement the tax-saving strategies
- Regular Meetings – We’ll hold regular Zoom calls or meetings with you every quarter to refine your tax plan with any changes
Why Work With Us
Timely Responses
We are committed to maintaining clear and timely communication, prioritizing quick response times. Our goal is to provide feedback within days – not weeks or months like other CPAs – so you can move forward with your taxes confidently.
Strategic Planning
Many of our new clients are discovering the importance of tax planning for the first time. A personalized tax strategy is essential to ensure you don't overpay and miss out on potential savings.
Up-To-Date
We stay up-to-date with emerging industries and ever-changing tax laws to pass savings onto you. Additionally, we leverage technology to optimize the client experience, ensuring we stay ahead of the curve.
Care & Education
With us, you're not just getting a standard tax return service — we aim to empower you with the knowledge to make informed decisions by teaching you the how and the why. Our team will look out for your best interests as if your money were our own.
