Are You Working on Minimizing Your Taxes…or Just Projecting What You Expect to Pay?

Do you feel like you are paying too much tax? Yes I know that almost everyone feels that way, but what if you are, and can do something about it…

Right now our office is working on several tax plans that utilize:
• capital gains planning
• entity selection
• income shifting
• tax deferrals
• charitable giving strategies
• accountable plans
• & more

These proactive plans are saving hundreds of thousands of dollars in taxes each year for my clients, using IRS rules and regulations designed to do just that.

Are you thinking that just knowing what to expect at tax time and planning for your estimates is good enough? Do you feel that planning any further isn’t necessary? Often small business owners and individuals choose to go without planning as a way of saving money, but doing so can be incredibly costly in the long run.

Tax Forecasts = Tax Measurements

Forecasts are merely a projection of what you expect to happen

Tax Planning = Tax Savings Strategies

Tax Plans represent a set of ideas with set tax minimization outcomes and actionable items which result in significant tax savings.

Tax planning is something that may seem like an unnecessary expense in the short term, but consider it is an investment and is worth the time and cost now and can even cut the amount of your current and future estimated tax payments. It’s better to spend some money to avoid paying a lot of tax money later, especially if there’s a chance you could set up a plan that works for years and includes a great exit strategy.

You’ve worked hard to build up your business, your income, your investments, you shouldn’t lose a significant portion due to a lack of strategic tax planning.

What next?

Overwhelmed by these ideas and the possibility of saving money? Contact us for assistance with creating a strategic tax plan to help you reach your goals.

Our team continues learning new skills and reviews opportunities for tax saving strategies under the new law, the TCJA to bring added value to our client meetings, and we’ve been doing this for over 25 years.

If you need help with your accounting, want to create a tax minimization plan, want to discuss your business growth plan or your finances, are concerned about retirement goals or need to be held accountable for your 90 day action plan, contact us for a complimentary discovery session or an appointment to just get started.

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