The complex Internal Revenue Code contains many pitfalls resulting in higher tax bills, but it also contains just as many opportunities to reduce taxes.  Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.
We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations.  Our firm's involvement in preparing continuing education material keeps us on the cutting edge of tax developments.
This may sound obvious, but sometimes people forget that for optimum results, tax planning needs to be completed before a transaction or event occurs.  This maximizes the effectiveness of the planning points and can reduce the tax burden to the lowest possible level.  Prime examples of tax planning opportunities include starting a new business, purchasing or selling a business, and tax-deferred, like-kind exchanges.
Our income tax projections allow our clients to estimate their tax liability long before their taxes are filed.  This greatly reduces the stress of receiving an unexpectedly large bill and not having the time to gather the funds to pay it.  Additionally, our projections highlight areas where a taxpayer can still reduce their liability, such as contributions to a tax deferred retirement plan. 
 We recommend Tax Saving Strategies that help you...
  • grow and preserve assets by keeping Uncle Sam out of your pockets.
  • defer income so you can keep your money now and pay less taxes later.
  • reduce taxes on your income so you keep more of what you earn.
  • reduce taxes on your estate so your family keeps more of what you've made.
  • reduce taxes on your gifts so you can give more.
  • reduce taxes on your investments so you can grow your wealth faster.
  • reduce taxes on your retirement distributions so you can retire comfortably.

Here are just a few of the Tax Saving Strategies we use...

  • Splitting income among several family members or legal entities in order to get more of the income taxed in a lower bracket.
  • Shifting income or expenses from one year to another in order to maximize lower income tax rates and pay less in taxes.
  • Deferring tax liabilities through certain investment choices such as pension plans, profit sharing and other similar plans.
  • Using certain investments to produce income that is tax exempt from either federal or state or both taxing entities.
  • Identifying tax deductions by structuring your finances to pay for things you enjoy, such as a vacation home.

Remember, we work for you, not for the IRS. Many of our clients save many times our fee in reduced tax liability through careful planning and legitimate tax strategies.

 

If you'd like to receive more information about our Tax Planning Service, please complete this form.

Please contact us by using the form below:

Name
E-Mail
Phone Number
Best time to call
Comments