Tax Planning
Tax planning is an opportunity to evaluate your tax situation before year-end, rather than waiting until it’s time to prepare your return.
I offer tax planning services for individuals and small business owners who may benefit from reviewing their income, deductions, estimated tax payments, business structure, or other significant tax considerations.
Tax planning may include:
- Reviewing projected annual income and deductions
- Estimating federal and state income tax liabilities
- Evaluating estimated tax payment requirements
- Reviewing business entity structure and owner compensation
- Discussing the tax consequences of significant financial transactions
- Identifying potential tax-saving opportunities before year-end
Not every taxpayer needs a separate tax planning engagement. For clients with relatively straightforward tax situations, annual tax return preparation may be sufficient.
Tax planning is a separate professional service and is billed independently of annual tax return preparation. The scope and fee are established before work begins.
Interested in Tax Planning?
Contact Lisa Patterson CPA to discuss whether tax planning would be appropriate for your situation.