With a deep understanding of the tax code, we cut through the jargon and comb through the statutes to uncover tax saving strategies that ensure our clients' tax obligations are met while maximizing their available income.
We apply years of extensive, in-depth knowledge in specialized areas of the tax code. Once we've analyzed a client's situation and opportunities, we assure their savings will meet or exceed our estimate.
Our goal is to find solutions that work for you and your family. We start by having a conversation where we’ll ask you questions like whether you are a business owner and what your filing status is. These questions will tell us whether you meet the minimum qualifications for our tax saving strategies.
If you meet the minimum qualifications, we’ll then ask for 2-3 years of personal and business (if applicable) tax returns. Once the information provided has been verified through the second round of qualifications, we will invite you to schedule a personal consultation.
During the personal consultation, you'll be introduced to some of the strategies we use to lower taxes and be provided with a personalized tax savings number you can expect to realize if you use our services. We’ll also provide an overview of our family office services for additional wealth management solutions.
Once you come on board as a client, you will be welcomed into the tax saving professionals family – meeting with one of our experienced tax professionals. During the meeting, we will work with you to develop a comprehensive annual plan for savings and investments.
"I’ve found the whole experience working with Tax Saving Professionals has been great – not only the enormous savings in taxes, but the professionalism, the courtesy, has been great. What they do is very streamlined and every i is dotted, every t is crossed and it is a very safe way to reduce taxes from an IRS standpoint. My only regret is not having known about these guys sooner."
"I sought Tax Savings Professionals after the first couple years in business when realizing how much of my income went to taxes. They had come highly recommended by my father, who has worked with the group for ten years plus, and had great success. The customer service and attention to detail are two areas where I think that Tax Savings Professionals really stand out. This service is absolutely invaluable in giving you control over your income, and I plan to work with them indefinitely."
"I know for a fact that for an average dental practice, if you could increase your productivity or your profits 1% in a year, it’s almost $2M by the time you retire. Tax Saving Professionals can save you 25-30-40 maybe even 50% on your taxes over the life of your arrangement with them. Tax Saving Professionals is one of the people I go to to save money every year and it’s made an incredible difference in our practice and to me personally - my ability to retire when I want to retire. "
It is better to give than receive, especially if you itemize. Under the new tax law, gifts of cash are now deductible up to 60% of adjusted gross income (up from 50%).
Bundling itemized deductions could help you surpass the standard deduction every other year.
Income is taxed in the year it is received. If you are a business owner, consultant or freelancer, you could delay billings until late December to ensure payments in January.
If you anticipate a large net capital gain this year, you might want to sell off some stocks or mutual funds to generate losses before the end of 2018.
Shifting funds into pre-tax retirement plans such as a 401 (k), 403 (b), deductible IRA, SIMPLE IRA or SEP lowers your adjusted gross income and taxable income so you pay less tax.
Do you have airline miles burning a hole in your pocket? If you’re planning on taking both personal and business trips during the year, use the miles for your personal trips and pay for the business trips out of pocket.