Tax Planning Services
Our tax planning services provide you with a personalized cashflow spreadsheet, tax projection and list of tax strategies that can help improve your personal situation. Once we review the numbers, we will set up a one-hour tax projection meeting to discuss tax-deferred strategies, your tax projection, and …
For individuals with multiple rental properties or who own their own businesses (Self-employed, Schedule C, S Corp or Partnership), we like to capitalize on the New Business Deduction 199A. This is a relatively new deduction that became available in 2018. There are many strategies that can be utilized to get the most benefit from this section such as a 0-20% deduction against gross income (generally for larger entities).
What we need from you:
- Sources of Income (Taxable & Non-taxable)
- Year-to-date Pension
- RMD Data
- Social Security
- Rental Worksheet (if rental properties owned)
- Your Expenses
- One Time Events (Selling Home/Business)