Plan Ahead Together
No one enjoys paying more income tax than they are required. With proper planning, income taxes may often be significantly reduced. Whether planning across multiple years, preparing for the sale of a business or rental property, or considering retirement, the decisions you make will have a profound impact on your tax burden.
The key to proper tax planning is time, or more specifically, timing. Too often, a client will come to us after a transaction has occurred and wonder what options they have to minimize taxes. By proactively discussing tax implications, we are better able to advise, and clients can save tax dollars. Ultimately, our goal in a tax planning engagement is to make certain that you have all of the relevant variables at your disposal so you can make informed, tax efficient decisions.
If you are considering a major taxable transaction or just want to understand options for reducing your tax burdens, please contact our office at 410-821-6625.