Tax Planning & Preparation

One of the key factors in a successful business is the appropriate planning and preparation of your taxes. The incorrect preparation of your personal or business tax return can cause further issues and undue stress on you. Let us prepare your return to ensure it is accurate and that all available tax deductions are being taken advantage of.

Tax Planning

Planning is one of the most beneficial ways you can successfully and legally reduce your tax liability. We go beyond just making sure you are tax compliant. We actually recommend tax saving strategies to help you both save taxes and increase your after‐tax income. Since we stay abreast of all new tax codes we are able to take advantage of tax changes most beneficial to you.

Some of the strategies we recommend are:

We offer the option to have us periodically prepare a tax projection throughout the year so you are prepared for any end‐of‐the‐year tax liability. This allows us to get a handle during the year and make any recommendations as we see fit.

Tax Preparation

Trying to prepare your own tax return, whether personal or business, can lead to many more questions. Today’s tax laws are now so complicated that a simple 1040EZ is no longer a simple short form. You may leave tax deductions or credits available to you on the table resulting in a higher tax bill. Computer software may seem to be the way to go, but even the software may leave deductions not taken. Too many times I have seen a tax return prepared inaccurately or deductions/ credits not taken by clients who opted to use computer software to prepare their taxes thinking they were saving money on hiring a tax professional. You or the software may not know that an event in your life may lead to taxable income or a tax deduction.

With our tax preparation services we: