Aggressive Tax Planning

Take control of your tax situation. We may be able to find a way to reduce your taxes.

Did You Know…

• - There is more to tax planning than spending money!
• - Never spend money just to save on income tax.
• - When you do have to buy something or pay a bill, make sure   you do it in such a way that you can save as much as possible   on income tax.

Tax Planning

Tax Planning is both legal and ethical, it simply means taking control of your revenues and expenses. With proper planning, you can take advantage of every legitimate deduction, credit, and exemption, reducing your tax bill to an absolute minimum. At Stetzer Accounting Service, we encourage you to take a close look at your income tax situation before the end of the year. The earlier you start, the more you will benefit from tax planning.

Take These Steps

Proper tax planning includes the following steps:

1. Estimate your revenues and expenses for the year. You may want to add up all of your revenues and expenses to date, and then estimate what they will be for the rest of the year.

2. Using the data from step #1, estimate your tax liability.

3. Estimate next year's profits. Will they be higher or lower?

4. Between now and the end of the year, shift revenues and expenses to the year that benefits you most. Be careful to look at the whole tax picture for both years. If you defer too much income or accelerate too many deductions, you may pay too much tax next year.

Telephone Conferences

In some cases, tax planning can be handled with a telephone call. Here's how it works:

• Make an appointment with the tax professionals at Stetzer Accounting Service for a telephone conference to discuss your tax situation.
• Send us a detailed estimate of your revenues and expenses. We will analyze the data and estimate your tax liability.
• New clients should also send copies of tax returns and a depreciation schedule from the previous year.
• Call us at the appointment time. During the conference, we'll discuss your situation and suggest ways to reduce your overall tax bill.

Call Today!

The tax professionals at Stetzer Accounting Service are ready and able to assist you with tax planning.

CALL US FOR AN APPOINTMENT!

There is a fee for this service; however, the cost is minor compared to the potential savings. Better yet, the fees are normally tax deductible.

We have developed some basic tax planning strategies for:

• Self-Employed Business Persons
• Self-Employed Farmers
• W-2 Wage Earners
• Investors
• Corporations
• Partnerships
• Limited Liability Companies

We start with basic tax planning strategies and tailor it to specific situations and tax needs.