Tax planning | Accounting Solutions for Business

Planning is the KEY to successfully and legally reducing your liability. We go beyond compliance and proactively recommend saving strategies to maximize your income. Accounting Solutions for Business makes it a priority to enhance our mastery of current laws, complex tax codes, and new regulations by attending frequent seminars. 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 - not just at the end of the year.

We recommend Tax Saving Strategies that help you…

• Grow and preserve 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!

A few Tax Saving Strategies:

• Splitting income among several family members or legal entities in order to get more of the income taxed in lower bracket.s.
• Shifting income or expenses from one year to another in order to have them where they will be taxed at a lower rate.
• Deferring tax liabilities through certain investment choices: pension plans, contributions and other similar plans.
• Using certain investments to produce income 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.
• Remember, Accounting Solutions for Business works FOR YOU not for the IRS. Many of our clients save many times the fee in reduced liability through careful planning and legitimate strategies.