Plan your taxes before you file them.
By the time a return is prepared, the year's best moves are gone. Planning means making them on purpose, while there's still time.
The decisions that move your tax bill.
Business structure
Entity choice, S corp elections and reasonable owner compensation.
Retirement plans
Solo 401(k), cash balance and defined benefit plans for owners.
Roth conversions
Converting in low-income years to cut lifetime tax.
Income timing
When to take bonuses, gains, losses and deductions.
Charitable giving
Donor-advised funds, bunching and gifts of appreciated stock.
Selling a business
Deal structure, installment sales and §1202 small business stock.
Real estate
Cost segregation, 1031 exchanges and passive loss rules.
Estate & gift
Lifetime gifting and trusts that move growth out of your estate.
A plan only works if it's followed.
Planning clients get a standing calendar of check-ins, so nothing waits until April.
File & reset
Prepare returns, review results against the plan and set this year's estimates.
Mid-year check
Update the projection for raises, deals and market moves.
Adjust
Refine estimates and line up any conversions, gifts or harvesting.
Year-end moves
Execute the plan before December 31, while it still counts.
Usually, if one of these applies.
Planning tends to pay for itself when income is high, irregular or about to change.
Four steps to a lower tax bill.
Conversation
Your goals, and what is not working today.
Review
Your last three returns, line by line.
Blueprint
A written tax plan with savings and deadlines.
Execution
Year-round tax management and filing.
Let's look at your return together.
Bring last year's return. We'll show you what we'd do differently, and what it's worth.