At the heart of our tax practice is a thorough and comprehensive tax planning process. By implementing strategies throughout the year our clients can achieve a reduction in their overall tax burden. The tax planning process is where a CPA can truly add value to their relationships with clients. Examples of specific planning areas include:
- Timing of investment income
- Assessing the tax impacts of marriage or divorce
- Accelerating business expenses and deductions
- Deferring business income
- Tax efficient retirement strategy
- Calculating quarterly estimated tax payments
- Assessing the tax impacts of potential business transactions
- Charitable giving strategy
- Tax efficient education savings
- Analysis of choice of entity
