What’s the difference between Tax Prep and Tax Planning?

Tax prep is prepping to file and pay your taxes in the spring. But NOTHING to do with lowering your taxes. You just gather all your documents, W2, K1, 1099s, etc. Your ‘tax guy’ punches the numbers into his tax software. A week later, you get a tax bill and a bill for his services.

Tax Planning – or tax strategy, same thing – is where you actually SAVE BIG. You sit down with your Tax Strategist throughout the year and make calculated decisions at the right time to minimize your taxes.

Tax planning is how you…

-Pay your kids $12,000 a year tax free (2022) and also get a tax deduction for the business.

-Rent your house to your business and get a tax deduction.

-Write off a vacation.

Tax planning is how you keep the money you worked your a** off to earn.

I already have an accountant for my business. So you do the same thing?

Yes and no. All CPAs have the same info and access to the Tax Code to do tax planning. But I’ll ask you, how many accountants and CPAs have you met that…

-meet with clients regularly throughout the year?

-give their clients financial peace of mind?

-use upwards of 200 strategies to minimize clients tax burden?

-help their clients reduce their taxes in every way possible?

Our focus on tax planning makes sure you lower your taxes significantly, permanently, and keep as much of your money as possible.

Can we also file your taxes in the spring? Of course

Can we also do your monthly bookkeepping? Of course

Tax Planning is our bread and butter, where our clients SAVE BIGTIME!

How come my accountant never told me any of this before?

The accounting industry just isn’t set up for tax strategy.

Imagine a huge hail storm hits your city. Now, everyone needs to get their car fixed at the same time. Well, that’s impossible. There just aren’t enough body shops to fix every car in the same week.

Same thing for taxes…everyone sees their ‘tax guy’ between February 1st and April 15th. Most accountants simply can’t have sit down meetings with every client. There just isn’t enough time for that. Plus, after December 31st, you can’t make any adjustments tax wise since the year is over.

That’s why we focus on Tax Strategy and meeting throughout the year. We call it the “White Glove Service.” No rush. And lots of tax savings.