Tax Planning
Strategic tax planning goes beyond compliance - it's about structuring your business to minimize liability while maximizing all of your growth opportunities throughout the year.
What This Means for Your Business:
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Year-round tax strategy development
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Proactive planning to reduce tax burden
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Structure optimization for maximum savings
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Quarterly planning sessions to stay on track
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Entity selection and restructuring guidance
Benefits:
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Lower overall tax liability
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Better cash flow management
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Strategic timing of income and expenses
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Preparation for business growth and changes
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S-Corp election for self-employment tax savings.
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Section 199A QBI deduction (up to 20% for qualifying businesses).
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Solo 401(k) maximization ($69,000 limit for 2024)
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Bonus depreciation phase-out strategies.
Advanced Tax Strategies
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Q1: Prior year analysis, estimated payments, retirement contributions.
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Q2: Mid-year projections, tax law updates.
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Q3: Year-end planning preparation.
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Q4: Implementation and next year planning.
Year-Round Planning
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Real Estate: Cost segregation studies, 1031 exchanges, short-term rental strategies.
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Professional Services: Accounts receivable timing, equipment vs. leasing decisions.
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Home office deduction optimization for hybrid work.
Industry Specialties
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Texas Advantage: No state income tax benefits for business decisions.
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Interstate Commerce: Nexus planning and remote employee implications.
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Franchise Tax: Minimization strategies specific to Texas.