Individual Tax Preparation & Planning

Business Tax Preparation                               ProActive Tax Planning

We obsess about tax reduction, so you don’t have to.

Individual Tax Preparation

Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing.  It is just too easy to overlook deductions and credits to which you are entitled.  Just recently laws have gone into effect that makes it difficult for most individuals to prepare their own returns.

Our Guaranteed Tax Preparation Promises

• Audit Avoidance
• Lowest Tax Liability Legally Possible
• Guaranteed Accuracy

We would like to invite to schedule an initial discussion where we will discuss out tax preparation process and receive a quote range based upon the expected work.

Schedule a discussion now!

Individual Tax Planning Strategies

Now, more than ever, individuals and families should take steps to maximize income and gift tax savings, taking into consideration their own specific economic, financial and tax situation.   Tax planning can impact taxpayer by; 1) deterring income or exhilaration expenses, freeing up cash flow for investments, business or personal use 2) Taking advantages of tax rate differentials between years  3) prevent, or minimize, the impact of the alternative minimum tax (“AMT”) 4) reduce eventual estate taxes, maxi­mize the amount of funds available for retirement, educating your children/grandchildren.

Below are just some of the Tax Planning Strategies that we employ for our clients and prospects;

• 1031 Tax Deferred Exchanges
• Donor Advised Funds
• Donating Appreciated Stock
• Investing in Real Estate (benefits based on level of income and tax status)
• Section 199A
• Section 179D (Currently not renewed)
• Becoming a Business Owner
• Fully Utilizing Retirement Plans
• Augusta Rule
• Section 1202 Stock
• Cost Segregation
• Gift Leaseback
• Medical Expense Reimbursement Plans
• Qualified Plan Retirement Options
• S Corporations
• Healthcare and Employee Benefits
• Deferred Compensation
• Specific Identification
• UGMA, Custodial and 529 Plans- College Savings Options
• Tax Advantaged Investment in Municipal Bonds
• Tax Efficient Mutual Fund Investments
• Roth Advantages
• Selling Inherited Real Estate
• Donor Advised Funds
• Qualified Charitable Distributions
• Bonus Depreciation Utilization
• Closely Held Insurance Company- Captive Insurance Company
• S Corporation Reasonable Salary Analysis
• Charitable Remainder Trusts
• Pooled Income Funds
• Education Assistance Plan
• Charitable Leads Trust
• Conservation Easement
• Stock Based Compensation
• Tax Strategies for American Living Aboard
• Business Use of Home Deductions
• Renting your Home to Your Business
• Roth Conversation Analysis
• Harvesting Tax Losses
• Passive Vs. Active Income Analysis
• Tax Advantaged Income Generators
• Immediate Annuity Utilization
• Permanent Life Insurance Investment Advantages
• Trader Status
• Real Estate Repairs Vs. Improvements Analysis
• Hiring Your Spouse
• Hiring Your Children
• Real Estate Professional
• Real Estate Investments in Retirement Accounts
• Rollovers as Business Startups
• Tax Smart Business Sales
• Monetized Installment Sales
• Avoiding Alternative Minimum Taxes
• Avoid Kiddy Tax Issues
• Estate Planning

Check out our philosophy on ProActive Tax Planning

We Offer Financing for Multi-Year Tax Prep Catchup Projects

We would like to invite to schedule an initial discussion where we will explore the potential tax savings opportunities and perhaps even discover some missed saving rip for tax recovery

Schedule a discussion now!