Tax Planning & Strategy
“An ounce of prevention is worth ten pounds of cure”
Proper tax planning is the difference between proactive decision making versus damage control come tax time. It is, by far, the most underappreciated aspect of both personal and business taxation. Often, people assume that taxes are black and white and that the outcome is set in stone. Fortunately this couldn’t be further from the truth!
For many clients, proper tax planning before the end of the year is the difference between owing Uncle Sam and receiving a substantial refund. There are so many strategies that people are generally unaware of that save even a non-complex client thousands on their tax returns, oftentimes doing nothing more than what they were already planning. The only caveat to these strategies is they must be implemented before the tax year is over; there are many strategies we can use to help our clients on December 31st that we cannot use once time ticks over to January 1st.
We’re extremely passionate about tax planning for our clients. So much so that our Managing Tax Partner actually self-developed our firm’s tax planning software! It uses complex calculations and linear programming to tell you to the dollar what you should do with your money to maximize your deductions and credits and minimize your tax burden! Clients who engage us for this service sleep easy knowing there won’t be any “Big Bad” surprises waiting for them in the woods on April 15th. Please contact us if you’re interested in knowing your tax burden ahead of time and no longer stressing during tax season (leave that to us).