Your tax preparer uses the information you provide to get you the best deductions and credits possible. Tax planning helps make sure you are knowledgeable enough to bring him/her enough information. Tax planning is comprehensive, making sure not only is your business structure the best one to give you the most advantageous angle at the end of the year but that your record-keeping is of a good quality to withstand an audit. Many people miss out on business deductions because of inadequate record-keeping costing them thousands of dollars every year in taxes.

 You don’t want to pay taxes on money you didn’t make and the best way to make sure you don’t do that is to properly track ALL your expenses. And the right expenses. I will work with you and make sure you are deducting all that you can and not anything that you shouldn’t.

Tax planning includes strategizing. If you reach the end of the year and you are over budget on net income but you know you need several thousand dollars worth of office supplies soon, a tax planner may advise you to buy those before the end of the year.

Our team looks at your business structure to see if it is the best setup for what your business is. Sometimes we suggest you change your business type to reduce a certain kind of tax in the future or make advance payments to reduce what is owed at the end of the year. We are that outside point of view on your team to help you keep more of the money you make.

Tax planning services include:

• Regular consultations throughout the year to stay ahead of tax season
• Bookkeeping for accurate records
• Data review
• Setup of advance payment plans
• Advise on best business structure