Proactive planning is the key to minimizing your tax liability. I work with businesses and individuals to pay the least amount of tax required by law. A few of the strategies, if applicable, that might be considered include:
- Splitting income among several family members or legal entities to tax advantage of lower tax brackets.
- Shifting income or expenses from one year to another when it can yield a lower tax rate.
- Deferring or eliminating tax liability through use of tax-advantaged investment vehicles.
- Tracking all expenses eligible for itemized deduction.
- Taking advantage of tax credits.
Your unique circumstances will determine the strategies that I can employ to maximize the money you keep in your pocket. A few of the benefits of using my service:
- I'll prepare all the appropriate forms and record all figures and calculations accurately.
- I will work with you to adjust your payroll withholding to make sure you send the right amount to each tax authority.
- I'll show you how to adjust your finances to take advantage of tax benefits on future returns.
Are you a sole proprietor? I can prepare your Schedule C as part of your personal income tax return. Then I will help you set up an easy system to keep your books current going forward.