Acutal examples of tax savings achieve through our tax planning services. Even if you have a great CPA or prepare your own tax return, there are still areas of signficant future tax savings you could be missing. These savings are based on tax planning not deductions and credits. Tax preparation is still an important piece but to achieve the maximize tax savings throughout your lifetime, a solid tax plan is crucial.

Case A: Single person, with social security and pension as fixed income, taking minimum required distributions, has interest, dividends and capital gains -Adjusted Gross Income: $29,850. Without decreasing any spendable income, annual tax savings achieve $1,627 and that amount each year over 5 years is a savings of $8,135

Case B: Married couple with social security, pension, interest and dividends on their tax return, Adjusted Gross Income = $54,500 - Without decreasing spendable income, annual tax savings achieve $4,258 and that amount over 5 years is a savings of $21,290.

Case C: Married couple with interest, dividends, capital gains, taking distributions from IRA, pension and social security - Adjusted Gross Income = $100,400, Without decreasing any spendable income, the annual tax savings achieve $9,368 and that amount over 5 years is a savings of $46,840.

These are just examples of what we can do through our tax planning process. Today with the likelihood of income taxes to increase it is important that you are using all available tools, strategies and tax law changes to minimize your taxes not just in 1 year but to maximize your lifetime savings. We work with our clients who prepare their own taxes or their tax preparers to maximize tax savings each and every year! See our special for your free tax savings analysis!