You know you need tax planning but you don’t know what to do…….
Proper tax planning is an integral part of the tax preparation process.
Many changes take place during a tax year.
-required IRA distributions
-a new college student
-lease vs. buy
-pension/profit sharing plan set up
-cash flow planning
These are only a few of the changes that can happen. Some of these things can drastically change your tax plan. Each year your tax plan should be evaluated and updated to be sure that it meets your needs and your goals. The process is simple. Call us to set up a tax planning meeting. We will fax/email/mail to you a checklist of items that we will need to properly prepare an estimate of your tax liability. We will discuss with you your needs and goals and provide suggestions, where necessary, to be sure that you meet those goals. Because our team is always aware of the current tax law, we will be sure to evaluate your plan to see to it that you are taking the best advantage of the options available to you to limit your tax liability while complying with all the rules and regulations.
If it is Estate planning that you need, we will be sure to work closely with your estate Attorney to provide our input, where necessary. We will work with you to be sure your wishes are reflected accordingly while preserving the tax benefits available to you.