Tax planning should be done when financial decisions are made. Come tax time, it is too late. Call us before you…
- Buy or lease equipment or other assets
- Buy or lease vehicles
- Hire or fire family members or other employees
- Sell stocks or other assets
- Lease commercial space
- Purchase a commercial building
- Sell a commercial building
- Buy a business
- Sell a business
- Substantial increase in income
- Substantial decrease in income
- Purchase substantial extra inventory
- Take a business / personal trip
- Do anything that may impact your business substantially
Life status changes that can greatly impact your tax situation should also be considered…
- Marriage
- Divorce
- Birth of a child
- Children leaving home
- Purchase of a residence
- Sale of a residence
- Purchase of rental property
- Sale of rental property
- Retirement
- Taking Social Security
- Disbursements from IRA, 401(k) or other account
- Estate planning to minimize estate taxes
