Phone: (707)822-4835

Tax Planning

Planning is the key to successfully reducing your tax liability. In addition to providing tax compliance services, our tax professionals can proactively recommend strategies to maximize your after-tax income. 

A few of the basic Tax Saving Strategies may include...

  • Splitting income among several family members or legal entities to take advantage of lower brackets.
     
  • Shifting income or expenses from one year to another in order to have them fall where it will be taxed at a lower rate.  It is important, however, to view the net tax liability over a period of years to see the maximum effect.
     
  • Deferring tax liabilities through certain investment choices such as pension plans, property exchanges, charitable contributions and other similar plans.
     
  • Using certain investments to produce income that is statutorily taxed at a lower rate or is tax exempt from federal and/or state taxing authorities.

 

We encourage you to consult with us before you complete any major financial transaction.


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