Tax Planning Services

We provide tax planning for individuals and businesses. If you are self employed or own a business, your business and personal tax planning should be combined. We use tax planning software which can project your income taxes for current and future years. This includes federal and any applicable state income taxes. We then can apply various scenarios to determine the optimum strategy for you. One word of caution. We always advise our clients to consider the economic implications together with the tax ramifications of their decisions. Our tax planning services deal with Federal and state income taxes as well as estate and gift taxes, all of which can be interrelated. We are happy to coordinate with your other advisors including attorneys, investment advisors, and insurance agents.

There are many allowable tax deductions and credits available, favorable tax rates such as those provided for capital gains, tax deferral opportunities, and elections which can benefit the taxpayer. We can help identify the items which can benefit you.  We provide tax and financial planning for the closely held family business.