What is tax strategy and how is it different from tax preparation?

Tax preparation reports what already happened. Tax strategy is proactive planning to legally reduce taxes before the year ends—through entity structure, timing, deductions, and credits. We offer both tax preparation and tax filing services. Tax strategy can be done in conjunction with your current CPA/tax preparer.

When should I start tax planning?

As soon as possible! Early in the tax year makes it easier to take advantage of more opportunities and ensure you capture all of your expenses. Studies have shown businesses who track throughout the year capture between 20-35% more deductions than those who wait until year-end. But if you waited, no worries, we can still help you capture as much as possible!

How much can tax strategy save me?

Every situation is different and we can hop on a risk-free call to talk through your specific needs and opportunities. In working together, developing a plan throughout the year, and executing to it, we are confident we will save you much more than our fee. In being proactive, there are more options to save your hard-earned money.

Who benefits most from tax planning services?

Those with income outside of a W-2 will have the greatest opportunities to take advantage of deductions and credits available. This includes business owners, high net worth individuals, and self-employed professionals.

What does working with you look like?

We start with an introductory discovery call where you share about your business and investments and answer some preliminary questions. If we agree there is an opportunity, we will send a proposal of identified options that are specific to your individual scenario. After that, we get to work! For tax planning, we will identify opportunities and create a customized tax strategy plan and schedule check ins on a regular cadence to be able to adjust as needed throughout the year.

How do you communicate with clients?

Scheduled calls, emails, texts, and a secured portal are all options for regular communication. I also love to go out to meet local business owner clients at their place of business to see it in action! For those clients who are not local, virtual is always an option. If you want to discuss more, you can send a message on the Contact page or call/text (413) 251-2292

Do you offer free consultations?

We offer a free introductory call to determine your needs and see if we can be a fit to help you.

How do you price your services?

Pricing is determined based on the initial call and what services are discussed. Pricing proposals sent will be value-based at a flat rate – no surprises.

Will this increase my audit risk?

No, as a professional Certified Public Accountant the strategies outlined are in accordance with the latest tax laws and regulations. Some of the strategies you see from social media may or not be applicable to you and we can help navigate the right ones that aren’t going to put you in a risky position. Ongoing education, professional memberships, and regular monitoring of tax updates are how we stay current. We will help you capture legal deductions and credits.

Can you help new businesses get set up and decide on entity type like LLC or S-corp?

Absolutely! This is a great time to get structures set up right and begin the planning process. We can help with getting you set up with tracking programs (Quickbooks for example) and other options as well. We analyze income, payroll, taxes, and long-term goals to determine the most efficient tax structure.

What makes your firm different than other CPAs or tax preparers?

We don’t just file returns – we collaborate with clients to make smarter decisions all year minimizing taxes and building long-term wealth. We don’t want to speak ‘accountant’ to you and instead look to simplify a complicated process so you can use it, save money, and spend your energy focusing on what you enjoy!