You don’t deserve to be hit with surprise tax bills, especially ones that are filled with unnecessary penalties! You may have followed the instructions your prior CPA gave you, but still, it’s just not fair to be hit out of the blue with a tax bill you weren’t expecting.

Especially since, there should NEVER BE ANY TAX SURPRISES!

Throughout the year, your taxes can be estimated, planned for, and covered—well in advance. There’s just no need for the ‘stress-of-the-unknown’ when taxes are actually quite controllable.

Here are the keys to eliminating surprises:

1. Keep your books up-to-date.

Keeping good accounting records for your business and personal finances is essential to planning. We can’t give advice if the numbers are a mess.

2. Work with your CPA before you make a purchase or sale.

When you move money, chances are you’ll be subject to taxes. But there are ways to take advantage of the tax laws if you have time to plan and structure deals well. Whether you’re selling your business, buying real estate, or just purchasing a plane with a friend, get your CPA involved well in advance of the deal.

3. Predict your taxes throughout the year.

The tax rates are known so there’s no guessing how much tax you’ll need to pay. If your books are current and your transactions are anticipated, we can do ‘what-if scenarios’ for your taxes to help guide you in your decisions for cash planning, tax reduction and investing.

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The bottom line is: taxes are predictable and there shouldn't be any surprises.

If you don’t know what to expect at tax time, now’s the time to find out. A tax projection will tell you how much tax you may have to pay, how much cash you’ll need ready for it, and will also give you time to reduce the overall tax burden.

Everyone has to pay taxes, but no one should pay more than what they have to.

Let’s discover what we can do together.