Tax Planning
Turn Proactive Tax Planning Into Meaningful Savings
By the time we prepare your tax return, many opportunities to reduce or better manage your tax liability have already passed. Effective tax planning considers your income, investments, retirement decisions, business activities, and other financial changes before year-end, while there is still time to act.
Year-Round Tax Support for Our Clients
Our tax preparation clients receive basic tax support throughout the year at no additional charge. This includes up to 30 minutes of assistance with routine tax questions. Our goal is to be available when tax questions arise, without charging you for every email or brief conversation.
Common scenarios that we include for no additional cost:
- Basic withholding adjustments to correct large balance due
- Assistance with responding to IRS and state tax notices
- General questions when starting a new small business or rental activity
- Any questions we can easily respond to via email
When Additional Tax Planning Is Needed
Some situations require tax projections, research, scenario analysis, or detailed recommendations. Under these scenarios, we may recommend a separate tax-planning engagement.
Examples include:
- Comprehensive tax projections related to significant changes in income, retirement, business activities, or other financial circumstances
- Tax planning for Social Security, Roth conversions, retirement distributions, and other retirement related changes
- Evaluating the tax consequences of selling a business, real estate, investments, or other significant assets
- Comparing tax strategies to identify potential savings and planning opportunities
- Performing tax analysis or projections in coordination with your current financial advisor
As each client and scenario is unique, we will discuss the scope and any applicable fees with you before performing any billable tax planning work.