Besides a client saying, “I just got an IRS audit notice”, there is nothing that saddens us more than when a client says, “Adam, what can I do to save on taxes?”.
And it’s not the question that bothers me (it’s a great one btw). It’s the timing!
If a client asks us March 15, 2015 how to save money on their 2014 taxes, I vomit a little in my mouth.
Honestly, there’s not a lot we can do. Yes, for business owners we can reclassify things. Yes, we can play with different rates of depreciation. Yes, you can do IRA’s/SEP’s.
But honestly, it’s not much.
You pay our firm great money to save you great money. And the ONLY way WE can accomplish this goal is through effective yearend tax planning.
Our personal goal for our clients is to offer you viable options that will save you boatloads of cash. We’ll do it legally. We’ll do it ethically. We’ll do it quickly and easily.
And that last part, the “Quickly & Easily” part, is especially important.
Bottom line: If you want to save A LOT on taxes for 2014, you MUST take action NOW!
Proper tax strategy legally lowers your tax liability so you have the funds to change the world.
Our firm is here to help.
Call us at 424.253.0200 to see if we can create a tax strategy that works for you.