Since taxes are mainly known as a pain we live with, we must have a hate/love connotation we referring to preparing and paying taxes.
Therefore, I prefer to take a proactive vs. reactive approach to tax services by providing our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year.
By keeping current on tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities.
As a business owner it is important that:
- You understand your tax responsibilities
- That taxes are paid in a timely manner to avoid penalties and burden to your cash flow
For individual taxpayers it is important to be aware of how taxes can be effected by:
- Life changes, like new addition to family or purchase of a home
- Retirement contributions or withdrawals