Tax Minimization Strategies ($100 mo. or $1,000 yr.)
We take pride in helping our clients be proactive in all stages of personal and business development. Tax minimization strategies is another avenue we can partner with you to help you take informed steps toward your goals. To help you focus on your goals, we are excited to offer a new service focusing on ways to keep more money in your pocket with our tax minimization strategies.
What’s included:
- Quarterly reviews of your business or personal finances focusing on current tax savings insights and strategies.
- Tax Strategist available to answer questions
- Resources to address unexpected life changes
- Estimated tax savings based on suggested strategies
Top strategies to consider:
- Retirement plans
- Income and deduction timing
- Income shifting between entities
- Charitable contributions
- Tax credits
- Higher education
- Business expenses
- Health and wellness
- Investments
Disclaimer
All tax planning, strategies, advice and recommendations in this plan are based on the taxpayer’s available tax return data, information disclosed to us, and current tax law. Tax laws can and do change frequently. Federal, state, local, payroll, property and other taxes often overlap and involve complexities that rarely yield a single best strategy. Effective tax planning is a lifelong process. It requires regular updates to review the taxpayer’s goals, life changes, investments, businesses, changes in income, pre-tax opportunities, retirement planning, state and local taxation, and more.
Tax projections and recommendations include assumptions and should not be viewed as guarantees. The actual results will vary from projections. The actual tax savings will vary from the estimated tax savings. These plans and projections are only a guide, not a promise. These plans are generated using services provided by Intuit and provided without warranty of any kind, express or implied. While effort has been made to ensure accuracy, Intuit won’t accept responsibility for any errors or omissions, or for any consequences arising from use of the services.
Tax planning is a team exercise. Many of the tax savings estimated in this plan are dependent upon taxpayers completing certain action items. If taxpayers fail to take necessary actions, the tax strategies may not yield the estimated benefit. Success is also dependent upon regular communication about changes in the taxpayers’ circumstances to our firm, so we can evaluate the impact of changes on the taxpayer’s tax plan.
In addition to the taxpayers and our firm, planning often includes financial planners, insurance agents, and attorneys. We do not assume responsibility for the advice of any additional professionals.
Third-party links provided in the report serve as a convenience and for informational purposes only, we accept no responsibility for the accuracy, legality, or content on these sites.
We have no obligation to update this tax plan.
