Tax Planning

  • Project federal and state income taxes
  • Analyze adequacy of withholding
  • Recommend estimated payments if necessary (prepare and file vouchers)
  • Minimize assessed penalties
  • Review tax-saving strategies
  • Compare income deferral/acceleration
  • Review opportunities for charitable contributions
  • Discuss Alternative Minimum Tax (AMT) planning
  • Discuss passive income/loss planning
  • Review of open years' tax returns