Tax Planning
The best way to be prepared for the future is to plan for it.
We enjoy finding solutions for the challenges each of our clients face when it comes to understanding and planning for future tax liabilities, preparing for retirement, and meeting day-to-day financial needs.
Communicating with our clients throughout the year allows us to do a better job of helping clients reduce their overall tax obligations.
By keeping in touch throughout the year, we are able to do “proactive tax planning” with clients.
Let us help you put a plan together!
Examples of our planning services are:
- Utilizing tax credits and deductions in conjunction with a comprehensive tax planning strategy to avoid or minimize tax obligations for businesses and individuals.
- Plan for potential federal and/or state estate taxes. While much attention is focused on the federal estate tax, certain residents need to know that many states have estate or inheritance taxes.
- Consider Roth IRA contributions or conversions to create a source of tax-free income in retirement.
- Contributions to a Traditional IRA may entitle you to a tax deduction each year. Traditional IRAs are tax-deferred, meaning that you don’t have to pay tax on any interest or other gains the account earns until you withdraw the money.
- Business succession planning.
- Charitable gifting.
Ready to get started? Call us now (509) 837-6700