How much time do you spend clipping coupons, shopping for car insurance, looking through the papers trying to get $20 off a new this or that?
Now, how much time do you and your tax professional spend doing some kind of proactive tax planning?
Take out last years W-2 and 1099 forms and your tax return and add it up. Taxes are probably the first or second biggest single expense that you have each and every year.
Many if not most people probably spend more time clipping coupons and shopping over the internet for deals on tv’s and things than they spend planning to minimize their taxes.
Traditional tax planning crunches numbers to illustrate ‘what if’ scenarios based on future assumptions. It gives clients dry numbers, usually in more detail than they need or want. But clients don’t want numbers. Clients want savings.
When was the last time your tax pro came to you and said, ‘here’s an idea I think will save you some money’?
Success with finances is much than just taxes…
Our tax coaching service quizzes clients on their families and homes, jobs, businesses, and investments, then recommends specific strategies and concepts for saving taxes. We package those recommendations in plain English, to deliver the savings you really want.
If we can’t save you money there is no charge for the service!! You can’t lose.
When is the best time for tax planning?
Summer, fall, winter and spring are great times to plan to beat the IRS. The sad truth is, it doesn’t matter how good your tax preparer is with a stack of receipts on April 15th. The key to beating the IRS is planning. And now is a great time for planning.
•Think you might be paying too much in tax (or for tax preparation)
•Marry or divorce
•Have a baby (or adopt)
•Change jobs or retire
•Have unfiled tax returns
•Owe back income taxes, or payroll taxes
•In over your head in debt
•Consider bankruptcy, loan mod’s, credit card workouts
•Earn income from stock options or employer stock
•Buy or sell your home
•Make gifts of more than $13,000 to any one person
•Start or invest in a new business
•Close or sell a business
•Hire contractors or employees for your business
•Start using your home for business
•Start using your car for business (other than driving to or from work)
•Increase or decrease in your business income
•Buy or lease a new car/truck for business
•Buy or lease business equipment
•Sell business assets
•Start taking IRA or retirement plan distributions
•Reach age 70½
•Buy or sell stocks, bonds, or mutual funds
•Buy, sell, or exchange investment real estate
Did you answer “yes” to any of the questions? If so, you can probably profit from some tax consulting or planning. Check out our ‘concierge like’ services. No need to be intimidated. We are very ‘down-to-earth’ and understand that you don’t want a bunch of tax lingo, just straight answers about how the tax law applies to your situation.
Call us at (805) 264-3305 … or email me at firstname.lastname@example.org and let me know of any questions or concerns you may have.
CLICK HERE to find out.
So, whether you just want tax preparation services at a great price, or want concierge level professional tax planning, call me today. You don’t need to be a big corporation to take advantage of tax breaks.
Really, the tax laws that benefit big corporations are also available to us common folks. They spend millions on tax planning because they understand the impact taxes have on all of us. You may not be able to go offshore in your business dealings as the biggest of the big do, but you owe it to yourself to take advantage of every tax break that you can.
You won’t spend millions on your tax planning and preparation but you might feel like you did.
Thank you, Bob
p.s. We can also take a look at previous years returns for potential savings – free of charge.