Tax Planning

“We can help you with your tax planning by analyzing your situation and calculating your tax under various scenarios”

Need help completing Form W-4, Employee’s Withholding Allowance Certificate, or have you been thinking about installing a home solar electric system?

Tax planning and estimate calculation is one of the many services we provide. During the planning process we will help you understand how to maximize your deductions, minimize your tax, and determine if there are tax credits available to you.

Have you ever wondered if you made a charitable contribution using your credit card whether it is deductible when you charged it to your card or when you paid the credit card bill?  Or whether you qualify for the American Opportunity Tax Credit or Lifetime Learning Credit?

These are just two many of issues we have helped our client’s understand over the years.  We know from experience that understanding how the tax law applies to your situation will help you save tax dollars.  For example, calculating your education credit will become complicated fast when you have a college savings plan available to pay for higher education, and at the same time your income is below the threshold so you qualify for an education credit. What now?  We can help you with your tax planning by analyzing your situation and calculating your tax under various scenarios.  This is just one example of the many ways an experienced tax professional will help you save money.

Here is what you can expect . . .

• We will gain a thorough understanding of your tax situation before we provide you with tax planning and advice;
• We will help you understand the deductions and tax credits available to you, as well as opportunities to defer tax liabilities through the use of pension plans;
• We will identify and explain the tax attributes of the investment choices you make; and
• We will recommend tax savings strategies based on your individual situation.

For more information, please call us at (775) 828-5027 or send us an email.