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A Little Different than Most CPAs - Today Smart is NOT optional

Tax Strategies

Tax Planning

Tax planning  to most CPAs is really what we call year end planning that is sometime in  November or December they project the amount of taxes you will owe for the  year. They may even make a suggestion about your final quarter estimated  tax payment and your contribution to a  retirement plan. This is not tax planning at least not to us.
Our approach to tax planning is very different and  it comes in two parts. First we work with you to  create a customized tax strategy for you. Next  we meet with you on a quarterly basis to keep you and your taxes on track. We  call these on going meetings Quarterly Tax Monitoring.

Tax Custom Strategy

This process begins with your completion  of a detailed questionnaire.
We review the information on the  questionnaire long with at least two years of your personal and business tax  returns.
We  have an initial meeting with you. During this meeting we will ask more  questions of you to be sure we have a complete understanding of where you are  and where you are going. We will also discuss some of the strategies we are  considering using in your plan. Typically as we explain some of what is  possible it will   bring more ideas to  your mind. This makes the meeting a very interactive and creative process.
The result of the process is a report  that explains the strategy we have created. Your strategy will cover among  other things; the proper entities that should used, how the entities work  together, what deductions you should be claim, what documentation is need for  the deduction, and how investments in rental real estate or oil and gas may  figure into your overall strategy.
Once you have had time to review the  report we will have a follow up meeting to make sure it all makes sense to you  and you are ready to put the strategy into action.
This strategy only needs to be created  once. It is the foundation for moving forward. We will make changes and  adjustments during your Quarterly Tax Monitoring meetings.

Quarterly Tax Monitoring

Once a Quarter we will review your books to see if  you are staying on track with your strategy.  We will make suggestions to make changes to  the strategy as we see your business or businesses evolve. We will also do  projections of what we think your taxes will be based on what we have seen and  what we know about you.
We will have a quarterly meeting to discuss our  findings, find out what is one your horizon and answer any questions you have.
As a Quarterly Tax Monitoring client you will not be  charged for phone call and e-mails with your account between your quarterly  meetings. We found that it is just too important to stay in the loop with you  than for you to have to decide if something is important enough to discuss it  with us.  Quarterly Tax Monitoring  clients also are not charged for yearend planning and attending any of Tax  Think’s live webinars.

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