TAX PREPARATION & STRATEGY
It is our job to see that you pay no more tax than the law requires.
We monitor the changes in the tax law that could affect you and recommend tax-saving strategies. We will prepare all your tax returns and serve as your advocate in all tax matters.
There is a certain mystique that has grown up around tax planning and tax-cutting techniques. We are here to put tax planning in plain English for you.
There are actually several basic tax-cutting strategies, and most plans involve one or a combination of them.
The strategies are:
√ Splitting income among several family members or legal entities in order to get more of the income taxed in
√ Shifting income from one year to another in order to have it fall where it will be taxed at the lower rate.
√ Shifting deductions from one year to another to place them where the tax benefit will be greater.
√ Deferring tax liability through certain investment choices and through pension plan contributions.
√ Structuring your affairs to obtain a tax deduction for some expenses paid for things you enjoy: a vacation home for example.
√ Investing your money to produce income that is exempt from either federal or state income tax, or both.
With our Tax Preparation Services you get:
√ Your tax return will be checked by our computer software and rechecked by our team identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
√ Your tax return can be filed electronically so you will get a refund back quicker.
√ Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for
up to 16 months!
We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year's tax liability.
If you own a small business and haven't kept up your bookkeeping, don't worry. We can help you. We'll prepare your bookkeeping for the year, prepare a full Schedule C, as well as your personal income tax return. Then we'll help you set up an easy system that allows you to keep your books in tip-top shape next year.
Contact us so we may discuss your financial and tax situation, so we will take care of it so that you can get on with your business.