Tax Planning

It is becoming increasingly difficult for individuals to successfully navigate the complexities of tax regulation and the increasing changes in tax laws. A consistent, long-term focus on tax planning strategies will help minimize your taxes and help you achieve your financial goals.  Below is a list of strategies and areas of tax planning that we help our clients with.

Business

  • Entity selection

  • HR-related:

    • Insurance and benefits

    • 401K plans

    • Officer compensation

    • Payroll

    • Employee retention credits

    • Education benefits

  • Income shifting:

    • State taxation

    • Hiring kids

    • Distributions, dividends, gains

  • Asset management:

    • Acquisition/ dispositions

    • Depreciation methods

    • State taxation

  • Tax planning:

    • Projecting to EOY

    • Scenarios and strategies

  • Financing:

    • Opportunity zones

    • EIDL loans

    • PPP loans

    • Local financing

  • Merger and Acquisitions

  • Credits:

  • R&D credits

  • Employment credits

Retirement

  • Traditional v Roth IRA analysis

  • SEP contributions

  • 401K Strategies

  • Social Security analysis

  • Qualified charitable distributions

Family

  • Donor-advised funds

  • Family partnerships

  • Higher education strategies

  • Child tax credits

  • Hiring kids

  • State and local tax

Real Estate

  • Residence / vacation homes

  • 1031 like-kind exchange

  • Cost segregation

  • Depreciation

  • Separate entity analysis

Estate Tax

  • Legacy planning

  • Trust creation and management

  • Wealth management

Compliance

  • Tax preparation

  • Estimated tax calculations