Tax Planning:  Estimate this years income and expenses.  Compute the income tax liability based on the estimated figures.  Using that starting point, evaluate options to consider for the balance of the year and search for ways to shave dollars from your tax liability.

Planning makes all the difference. As one wise man said, “If you fail to plan, you plan to fail.”

Income Tax

Traditional view of tax compliance  Vs. Income Taxes using the Methodology:

The preparation of an income tax return is called “Tax Compliance.”

Tax Compliance: Start with information for events that already occurred
Defined: convert that information into an income tax return.

Tax compliance means that information from 1099’s, W-2 Forms, etc. is converted into the form of a tax return.  BLAH, BLAH, BLAH – ad naseum.  Don’t get us wrong, it is an essential function, and one that is getting more complex every year.  More importantly: WE CAN HELP!

The philosophy is to provide you with a prescription for your taxes.  Help you to manage them, like your doctor might help you manage a health issue – like Diabetes.   Diabetes will always be there, and will create problems for you here and there, but it is a manageable problem as long as you follow some straightforward “lifestyle management” rules.   In a similar way, taxes can be managed and incorporated into your lifestyle.  The management of taxes involves tax planning.

Key Benefits of tax services:

  • Your tax return is correct and complete.
  • Assistance is available for government audit.
  • You manage your tax liabilities in advance.
  • You experience enhanced cash-flow management.

Serving Los Angeles and surrounding areas since 1991

Call today for a free consultation!


Send message