Income Tax Planning and Preparation

tax planning and preparation

Income tax preparation can be historical or prospective.  We view income tax preparation prospectively.

Throughout the year, we meet with clients to discuss the timing of taxable income and business, trust and investment deductions. This includes:

• Preparing income tax projections and reviewing those projections with clients and their advisors.

• Generating alternative tax planning scenarios to develop plans that make sense for clients and their families and that yield the lowest possible federal and state income tax.

Client and team communication during the year manages tax liability to:
Yield the lowest possible tax
Avoid unpleasant surprises on April 15th