Tax Planning & Projections
Proactive tax planning and income tax projections for individuals and business owners who want to better understand their tax position before year-end.
Tax projections can help identify potential federal and state tax liabilities, estimated tax payment needs, and planning opportunities before tax returns are filed.
Tax Planning Areas
Tax Projections
Federal and state income tax projections based on current-years income, deductions, investments, business activity, and other relevant tax information.
Estimated Tax Payments
Review of projected tax liabilities and estimated tax payment requirements to help reduce unexpected balances due at filing.
Business Owner Planning
Planning for business owners with consideration of business income, owner compensation, pass-through income, and the interaction between business and individual taxes
Year-End Tax Planning
Review of potential year-end tax considerations and available planning opportunities before the tax year closes.
A Proactive Approach to Tax Planning
Tax planning is most effective before the year is over. A projection provides an opportunity to evaluate the current tax picture, identify potential issues, and consider available planning strategies while there is still time to act.
Planning is tailored to the client’s circumstances and may include coordination of business and individual tax matters, estimated tax payments, and year-end decisions.
• Review of current-year income and tax information
• Federal and state income tax projections
• Estimated tax payment analysis
• Identification of potential year-end planning opportunities
Ready to Discuss Your Tax Planning Needs?
If you would like to discuss a tax projection or proactive tax planning, submit a new client inquiry with some basic information about your tax situation and the services you’re seeking.