Tax Planning / Your Strategies To Maximize Income
Tax planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.
We make it our priority to master current tax laws, complex tax codes, and new tax regulations. Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year.
We recommend Tax Saving Strategies that help you:
■ Grow and preserve your assets by keeping Uncle Sam out of your pockets.
■ Defer income so you can keep your money now and pay less taxes later.
■ Reduce taxes on your income so you keep more of what you make.
■ Reduce taxes on your estate so your family keeps more of what you’ve made.
■ Reduce taxes on your gifts so you can give more.
■ Reduce taxes on your investments so you can grow your wealth faster.
■ Reduce taxes on your retirement distributions so you can retire in style.
Here’s just a few of the Tax Saving Strategies we use…
■ Splitting income among several family members or legal entities in order to get more of the income taxed in lower brackets.
■ Shifting income or expenses from one year to another in order to have them fall where they will be taxed at a lower rate.
■ Deferring tax liabilities through certain investment choices such as pensions, contributions and other similar plans.
■ Using certain investments to produce income that is tax exempt from either federal or state or both taxing entities.
■ Finding tax deductions by structuring your money to pay for things you enjoy, such as a vacation home.
We work for you not for the IRS. Many of our clients save many times our fees in reduced tax liability through careful planning and legitimate tax strategies.
Call Us: 718 606-0766