Income Tax Planning Services
Learn how the new tax law changes will affect you!
With the new tax law in place, proper tax planning is key. We go far beyond basic tax compliance by proactively recommending tax saving strategies to maximize your after-tax income.
We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars. The new tax law, signed into law on December 22, 2017, will affect most taxpayers in 2018.
Businesses need to be aware of the 20% Qualified Business Income (QBI) deduction. Individuals that itemize deductions need to be aware of the new standard deduction, removal of exemptions, and changes to what can be deducted.
If you would like to be informed about your current tax situation and what you can do to improve it, schedule a tax planning session with us.
Please note: There is a correction to Part 2. The IRS published on February 21, 2018, that home equity lines of credit (HELOCs) are deductible if the proceeds are used to improve the home. The limitation of $750,000 for acquisition debt still applies.
Tax Saving Strategies
Whether you need help with corporate or individual taxes, our tax saving strategies will help you...
Here are just a few of the tax saving strategies we use...
Remember, we work for you not for the IRS. Many of our clients save many times the fee in reduced tax liability through careful planning and legitimate tax strategies.