Skillful Tax Preparation and Planning...Helping
You Minimize Your Tax Bill
You donít have a choice about paying taxes, but you can avoid making
the mistake of overpaying them. While itís hard to imagine anyone
intentionally paying too much in taxes, the IRS estimates that more than
one billion dollars is overpaid in taxes each year. Thatís no surprise
when tax laws change every yearóeven in years when no major tax
legislation is enacted.
How much of that money is yours? Wouldnít you rather see those funds
in your bank account or put aside for your retirement or other financial
Do you want to reduce your tax burden? Do you want to increase
your assets? We can help!
We specialize in personal income tax preparation and planning and
will identify the tax-saving approaches that apply to your situation. We work
with you throughout the year, not just when itís time to prepare your
Do you want to find out how you can reduce your tax burden? You might
be able to save on taxes by:
- Restructuring your investment portfolio to
produce a higher after-tax return;
- Shifting income to dependents in a lower tax
- Claiming appropriate home office deductions;
- Maximizing qualified plan and IRA contributions;
- Identifying all the deductions that apply to your
Helping Ted and Elaine
Reduce Their Tax Burden and Their Headaches
Ted was an engineer, and Elaine was a self-employed interior designer.
Their tax bill fluctuated from year to year, and they both felt
frustrated because they never knew if they would owe money or receive a
refund. When one of Tedís co-workers told him April 15th was never a
surprise to him, Ted and Elaine were happy to be referred to his
Ted and Elaine were shocked to learn that they werenít taking many
deductions available to them, especially in Elaineís business. Like many
small business owners, Elaine had never thought about how many of her
activities and expenses involved clients, prospective clients, referral
sources, and research. In addition, Ted and Elaine learned that by
increasing their retirement savings they could actually increase their
cash flow, and that by holding investments in the right types of
accounts they could reduce their tax burden.
Now Ted and Elaine have a Cambridge retainer that provides them with a
tax check-up in the spring and another in the fall. They no longer worry
about their annual tax bill.
If youíre like most people, your taxes represent one of your largest
annual expenses, yet often little or no planning is done to minimize
your tax bill. Careful tax preparation and planning can free up money that you can use
to achieve your goals. As personal income tax specialists, we will help
you aggressively pursue every deduction you are lawfully entitled to.
Would you worry less if you had more money to save toward your
goals? Discover how much
more money you could be keeping for yourself and your future.
today for a no-cost review of your prior three yearsí tax returns.