Not Just Tax Preparation, Tax Advice
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Better Understand Your Tax Situation: Where are you in the tax brackets, where is your income coming from and how can we get that income from a better tax source? Here's an example of what that clarity would look like: Download PDF
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Have Open Communication With Your Tax Advisor Throughout The Year: Ever have a tax question during the year and your Tax Advisor isn't available? We want to be able to identify opportunities and risks during the tax year, so there's no surprises when you file your return.
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Analyze Your Entity Structure For Better Outcomes: Let's model what your LLC would look like if we filed as an S-Corp, Sole Proprietorship or a Partnership to see how we can put more capital back into your business or free up cashflow for your own personal goals.
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Be Proactive, Not Reactive: Here's an example of the value of intra-year planning looks like. Encompassing life's changes, and changes in the tax code to enhance future tax outcomes for you and your family: Download PDF
Working Parents With 2 Children and Company Stock Benefits
Situation:
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Just moved to Minnesota
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Both earning over $150,000/yr each
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2 Children
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Were underpaying their taxes each year, resulting in large, unexpected tax bill in April of each year
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Were purchasing company stock through ESPP, and awarded RSUs each year
Analysis:
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W4 Tax Withholding settings and planning
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RSU vesting analysis and projections
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Roth 401k vs. Traditional 401k
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Multi-state tax withholdings
Results:
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$1,109 of underpayment penalties and interest saved
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$6,902 of reduced tax liability
Cost:
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$1,200 tax planning and advisory engagement
Additional Educational Videos:
Business Owner who's 'Side-Hustle' turned into his full-time work
Situation:
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Was working full time as an engineer, while doing part time engineering work
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Large customer asked him for full time work
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Wife stays home with their 4 childre
Analysis:
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Entity Optimization Study
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Retirement Plan Options
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Debt & Cashflow Analysis
Results:
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$1,560 of underpayment penalties and interest saved in current year
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$9,560 saved in the following year on payroll taxes
Cost:
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$1,500 for S-Corp and Personal Returns and Advisory
Additional Educational Videos:
Single Mother heading towards retirement
Situation:
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Needed large renovation on her home before the sale and improvements on the new home
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Started social security mid-year
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Was receiving Alimony for 1 more year
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Large Traditional IRA assets, but likely continuing to work for health insurance
Analysis:
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Debt & Cashflow Analysis
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Withdrawal analysis of Traditional IRA vs. Line of Credit for liquidity
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‘Erase & Replace’ Strategy Review
Results:
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$2,515 saved in Federal and State Income taxes
Cost:
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$600 Tax preparation and advisory engagement
Additional Educational Videos:
Retired Couple with Part-Time work
Situation:
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Retired couple where one spouse consults for his former employer 5-15 hours per week.
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Has 3 rental properties, considering selling one to their daughter
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Was satisfied with their tax preparer, but always felt there was something missing
Analysis:
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Charitable Giving Optimization
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Rate of Return Analysis on Rental Real Estate
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Entity Optimization Study
Results:
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$5,250 saved in payroll taxes
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$1,911 saved in state and federal taxes
Cost:
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$1,200 Tax preparation and advisory engagement
Additional Educational Videos:
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