The Mission of the Private Client Services Suite is to deliver and implement comprehensive Tax Planning Strategies to qualifying Individual and Business taxpayers. The objectives of the Tax Planning Strategies are to maximize yearly Tax Savings and to provide the tools and resources for Tax Advantaged Wealth Accumulation and Asset Transfer.
What is Tax Planning?
Tax planning is the analysis of a financial situation or plan to ensure that all elements work together to allow you to pay the lowest taxes possible. A plan that minimizes how much you pay in taxes is referred to as tax efficient. Tax planning should be an essential part of an individual's overall financial plan. Reduction of tax liability and maximizing the ability to contribute to retirement plans are crucial for success.
understanding tax planning
Tax planning covers several considerations including timing of income, size, and timing of purchases, and planning for other expenditures. Also, the selection of investments and types of retirement plans must complement the tax filing status and deductions to create the best possible outcome.
tax review
Business Tax Planning
Business Tax Planning
Many American's overpay their taxes each year. When was the last time you reviewed your deductions ? Do you know what "Red Flags" may exist in your return?
Business Tax Planning
Business Tax Planning
Business Tax Planning
Is it time to consider restructuring your business? Understanding the tax advantages of various Business Structures can help you save thousands.
Investment Management Strategies
Investment Management Strategies
Investment Management Strategies
Use tax deferred investments to not only reduce your taxes, but also save for your future and invest in your business.
Advanced Planning Strategies
Investment Management Strategies
Investment Management Strategies
As your wealth and assets grow, your long-term tax plan will need to grow with them. We can help with Advanced Planning Strategies.
tax review
deduction maximization & audit Red Flags
Basic Tax Planning begins with maximizing your tax deductions. Missed deductions can cost you every year. Let's review your prior year tax return and uncover many deductions that you may have missed.
Many taxpayers unknowingly increase their likelihood of an Audit by claiming certain deductions and business expenses. It's important to understand what items of your return may trigger an Audit. If you don't know what Red Flags to look for, you should schedule a Tax Review before filing your next tax return.
If you would like to Review of your Tax Returns to identify potential missed opportunities to reduce your taxes, Schedule a Consultation. We will review up to three years of your tax returns to see if you may be overpaying taxes or could soon face an Audit.
business tax planning
Entity conversion, Design & Restructuring
Is it time to restructure your business? If your business earns over $200,000 annually, its time you review your current business structure and how it may be costing you thousands each year in overpaid taxes.
We will guide you on effective tax advantaged business entity design, conversion or restructuring to save thousands in taxes next year and every year going forward. When we develop a Business Tax Plan, it will include a fully detailed 5 Year Roadmap of Tax Reduction Strategies to be implemented as your business grows. These strategies will allow you to save money and allow greater investment in the continued growth of your business.
If you are ready to take your business to the next level and are ready to complete your Business Tax Planning Review, Click Here to take the first step by completing the Business Tax Planning Questionnaire. The cost of the Business Tax Planning Review is $1000.
After completing the Business Tax Planning Questionnaire, we will schedule a Consultation to discuss your short and long-term business objectives. This information will be used to prepare a Business Tax Plan Proposal which outlines our recommendations for achieving the most favorable Taxation Structure for your business.
With your Acceptance of the Business Tax Planning Proposal, we will deliver to you the full Business Tax Plan. The cost of the Plan includes full Implementation of all of the Tax Reduction Strategy recommendations. We provide you with all of the information and guidance required to maintain compliance with IRS regulations. Plan cost typically ranges from 50%-60% of the first year's tax savings.
Business Tax Plan includes:
- Tax Analysis
- Entity Design, Conversion or Restructuring
- Business Deduction Finder
- Tax Reduction with Retirement Planning
- Tax Advantaged Investment Strategies
- Tax Savings Projector
- Full Plan Implementation
- First Year Tax Return Preparation
When you are ready to get started, Click Here to complete the Business Tax Planning Questionnaire.
Asset Acquisition
Buying business assets can be a great way to grow your business while also reducing taxes - however understanding the various types of assets and how they relate to your business is important. We can show you how to structure purchases of assets that will keep you compliant with the IRS while reducing your taxes. If you have plans to purchase assets for your business and have questions on how to structure the purchase and other tax compliance questions, Click Here to complete the Business Tax Planning Questionnaire. The cost of the Consultation is $250 per hour.
Niche Specific Strategies
Whether you are in business as a Real Estate Investor or Gig Worker, you work hard for your money. Many professionals miss out on deductions specific to their industry. Don't let this happen to you. We can help you uncover many deductions you may be missing.
Download any of our FREE eBooks that may help you save on your taxes.
Investment Management
tax deferred investments
Smart Tax Planning for the growth and accumulation of wealth requires the inclusion of tax deferred investments in your portfolio. Not only will you enjoy years of tax deferral on your investments earning, you can also use the distribution of these investments to your tax benefit. We can help you identify which types of Tax Deferred Investment accounts are ideal for you.
tax advantaged investments
Not all investments are the same. Many investments enjoy the benefit of special tax treatment. Knowing what to own and how to manage the sale and transfer of these investments should be part of your strategy.
advanced planning strategies
gift & estate tax planning
No Tax Planning Strategy is complete without understanding the taxation rules for Gifts and Estates. As you build wealth, unless you are well informed on the constantly changing rules for Gifts and Estate taxes, having a professional that understands these strategies is vital. We can help you understand these transactions and help prevent errors in execution.
Business Valuation
As a Business Owner, it is important to regularly monitor the value of your largest asset - your Business. If your business is a part of your retirement plan, it is vitally important in the Tax Planning process to periodically evaluate and assess its overall value.