Why do I need tax planning?

This is the common question we often hear from our clients.
Well, if you want to minimize your tax burden or earn a larger refund at the end of the year, it’s a good idea to consider booking a tax planning session with us.
 
Tax planning is performed in 4 stages:

1. We perform a comprehensive analysis of your financial situation. This involves analyzing your prior years returns and tax planning questionaries as well as interviewing clients to understand their financial goals (in-person or remotely)
 
2. We prepare unique tax strategies specifically designed for your personal case. Choose from 2-3 strategies for each unique scenario.
 
3. We present selected tax strategies to our client and discuss all the details, pros and cons of each option. This stage involved visual presentation and can be organized in our office or online.
 
4. After the client made his/her choice, we help him/her implement chosen tax strategy by providing practical tips and monitor implementation by scheduling mid-year review session.


“Anyone may so arrange his affairs that his taxes shall be as low as possible he is not bound to choose that pattern which will best pay the Treasury, there is not even a patriotic duty to increase one’s taxes.”

– Judge Learned Handon Tax Avoidance in Helvering v. Gregory