After the tax year ends, it is too late to do anything to reduce your tax liability. Tax planning must take place throughout the tax year.
Many tax professionals operate as data entry technicians. They take the information their clients provide to them and input it into a fancy tax software program that spits out a cookie-cutter tax return. In short, they do little or no tax planning. The tax professionals of The Pappas Group regularly monitor our tax clients during the tax year for opportunities to reduce or minimize their federal and state income tax liabilities.
Remember, after the tax year closes, it is too late to do anything to reduce your tax liability. Tax planning must take place throughout the tax year.
Here are some of the tax planning strategies we consider for our individual and business clients:
Call or contact us before the year ends to discuss your tax situation and help with possible tax planning strategies appropriate for you and your business. The consultation is free.
Some tax professionals know the law; others know the numbers. Very few know both. We are CPAs and Tax Attorneys. Let our dual qualifications go to work for you today.