Why Traditional Tax Preparation Isn't Enough
Our tax planning engagements map out plans for clients before the outcome is already decided at tax season.
We support business owner and individuals to model and design strategies to support them through the year in preparation for tax season.
Our process is built for business owners and individuals who want more than basic tax preparation.
Who we serve
Business owners: We support small business to large business owners. Our CPA expertise has supported businesses from start up to multi-billion dollar companies.
Individuals: We support individuals with their tax planning strategies from entry to the workforce, to the retirement strategy and planning years.
Trusts and Non Profit: We also have expertise in our CPA services with Trusts and Non Profits and planning.
Our Tax Planning Framework
Initial Free Intake: Through our free intake bookings, we will take the time to learn more about how we can support you
Onboarding: Our team will work to onboard you to our online client secure platform for document sharing.
Discovery and Deep Dive: Initial consultation with our experts to learn more about your specific goals and begin the data collection process for our deep dives.
Customized Strategy Design: We work to build your customized strategy design based on your goals.
Your Roadmap: We produce and share your roadmap based on your goals to partner with you on next steps.
Frequently Asked Questions (FAQ):
What's the difference between tax preparation and tax planning? Tax preparation is the preparing the return after the year is completed, retroactively. Tax planning is active and current planning through the year allowing time for changes prior to the tax filing.
When is the best time of the year to start tax planning? It is recommended to begin your journey from Q2-Q4 of the calendar year. Ideally, the journey would be completed prior to the year end to allow time for proactive changes.
Can you help me calculate my estimated taxes owe and estimated tax payments? Yes, this is a key component on our tax planning engagements.
Should my current CPA be providing strategies? Typically, the tax preparation services do not include tax planning. Clients are encouraged to actively directly the CPA to explore the specific opportunities. Most clients wait until tax season for these strategies, but are very limited by the options they can utilize. Timing and being proactive is key.
I'm getting ready to retire, can you help me with the year over year outlook planning? Yes. We support our clients with the retirement outlook on their distributions and retirement funds on the tax planning calculation components.