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- 2 min


- Mar 5
- 2 min


- Feb 10
- 2 min


- Dec 22, 2022
- 1 min
Business taxes are responsible for taking a large portion of your business profits, reducing cash flow to the small business and its owners. Our firm's model is focused to implement strategies that minimize that tax bill. We utilize a three-step approach to achieve optimal tax planning outcomes for our small business clients:
In this initial phase, we meet with you to learn more about your business model, your sources and uses of cash, and long-term growth strategies. The recently passed Tax Cuts and Jobs Act (TCJA) provides a significant number of tax reduction opportunities for small businesses. Our experienced team deeply understands not only the conceptual framework of the TCJA but also the practical implementation of how these new tax laws can provide savings for your business.
We evaluate our findings from step one to form tax recommendations based on your business specifics. We also make tax planning recommendations every year, as your situation and the tax laws inevitably evolve.
Our recommendations include:
Entity selection most appropriate for your business
New tax laws
Impact of Tax Cuts and Jobs Act (TCJA)
Tax efficient retirement plans
International business tax issues
Global employee mobility planning
Transfer pricing structures
Family business planning
Effectively use of employer benefit
Real estate tax planning, including passive loss strategies
Business succession and exit strategies
Bonus depreciation and Section 179 depreciation
Tax reform readiness
Family and multi-generational tax planning
Tax efficient investment strategies
Charitable giving such as charitable lead trusts and charitable remainder trusts
Trust and estate planning, including trustee and fiduciary guidance
Lastly, we implement your customized tax planning strategy and complete your tax returns. Our team adjusts implementation over the course of our client relationship as your business needs and targets invariably adjust over time. We also make sure that compliance issues are reflected on your tax return with the proper forms and schedules. Additionally, we apprise you of changes to tax rules and how to take advantage of them for your specific needs.