Income projections and payments
Review expected income, withholding and estimated payments as circumstances change. Projections help identify a potential gap before filing season rather than treating last year’s results as a complete forecast.
Our services
Tax Advisory
Discuss significant financial decisions while there is still time to consider the tax implications and the next steps.
How we can help
Tax Advisory with a clear scope.
Our dedicated Tax Advisory relationship is designed for clients with more than $500,000 in net income who need proactive, year-round planning. That threshold applies to this offering, rather than every service at the firm. We bring projections, business changes and personal goals into an ongoing conversation.
Planning topics to discuss with your CPA
Business structure and owner compensation
Discuss how the current entity structure, owner payments and business goals fit together. A change needs to be evaluated in the context of the owner’s facts, administrative requirements and wider business objectives.
Retirement and employee benefits
Review retirement-plan and benefit questions with the relevant advisers. Available choices, contribution rules and timing depend on the arrangement and the client’s circumstances.
Major decisions and year-end planning
Consider a planned equipment purchase, property transaction, ownership change or other significant event before commitments are finalized. We can identify the records, projections and professional coordination needed for the review.
A practical planning cycle
We establish priorities, gather current information, discuss possible approaches and identify the next actions. Periodic reviews can revisit the plan when income, staffing, ownership or personal circumstances change. Tax planning works best when the books and projections are kept current.
Information that supports a useful discussion
- Recent returns, current financial reports and income projections
- Details of business ownership, compensation and existing retirement plans
- Expected purchases, sales, financing or ownership changes
- Your questions, priorities and the timing of decisions still ahead
Advice based on your facts
A strategy that fits one business may not fit another. Our work considers the applicable rules and your particular circumstances; a planning discussion does not promise a deduction, refund or fixed amount of tax savings. Contact Karen to discuss whether this advisory relationship fits your needs.
More ways we can help