Tax Planning

Tax planning is all about ensuring there are no surprises at the end of the year. While surprises may be fun for a birthday or Christmas, tax surprises are likely not something any of us would consider fun! One way to avoid the dreaded tax surprises is through tax planning with your accountant.

There are 3 main considerations for this type of planning.  They are making your income smaller, increasing the amount of eligible tax deductions over the year, and lastly ensuring you take advantage of any tax credits that apply to your specific situation.

If you are looking to find as many deductions as possible and minimize your tax liabilities, our tax planning services will help.  We do this by analyzing your current financial situation. Then arranging it so that you are in the best place possible with regard to tax liability.

Our accountants look for strategies to to reduce your income like charitable giving, retirement investments, or business related purchases. Then using information about your work and life situation they can help you get the best deductions and all tax credits available for the current tax year.

Matter of fact, we are always looking for opportunities to be more proactive with our clients’ tax situation.  Throughout the year, new regulations or court rulings can substantially change their tax position. We create strategies to help minimize the tax liability year round by staying on top of recent developments.

Our team takes time to get to know you, and your goals.  To help you reduce your federal and state taxes, we design and implement a customized tax plan. Thus, allowing you to keep more of the money you have worked so hard for. We can help you work toward lowering your tax liability and achieving your financial goals while staying compliant with regulations. If you’re ready to start planning for this year’s taxes or next we’re here for you.

Need help with a tax planning?  Contact us today!