Businesses have many avenues by which to reduce their tax burden, but they require careful planning & documentation. Whether you are selling a business, opening a new one or expanding your current business, 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, helping you to expand or maintain your business. 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.