Whether you’re an individual or a business, paying taxes is fact of life. Shouldn’t planning for taxable events be a fact of life, too?
We all have to pay taxes, but wise tax planning can minimize your tax burden, freeing up hard-earned dollars for other things. As an individual, making decisions about education, retirement, and the distribution of your estate all carry tax implications that can be reduced through careful financial planning. For the business owner, most of the choices you make — from forming your company to succession planning — will have different tax consequences depending on your course of action.
At Accountable Business Solutions, we work with individual taxpayers and business owners to help them evaluate important transactions with an eye toward determining when, how, and whether to act in order to reduce or eliminate their tax liability.
ABS’ Goal: No Surprises
Life is challenging enough without unpleasant surprises at tax time. ABS will sit down with you, identify taxable events, go over the options, and plan a course of action that makes sense for you, your family, and your business. Contact us to learn how ABS can help you take control of your tax liabilities.
Whether you’re an individual or a business taxpayer, a sound tax planning strategy can:
- Reduce your taxable income
- Reduce your tax rate
- Control when taxes must be paid
- Help you claim available tax credits
- Control effects of Alternative Minimum Tax
- Help you avoid costly mistakes