Contact Me
We will contact you as soon as we can.
Still giving free money to the IRS that should have gone to your bottom line? Get ahead of it by creating a 1-5 year tax strategy with Christy's.
We will help your business plan and strategize to minimize tax liability and take advantage of tax incentives and deductions.
We ensure that your business is compliant with tax laws and regulations and keep you informed of any changes that may impact your business.
We can assist your business in case of an audit or tax dispute, representing you and advocating for your interests.
By providing expert guidance, we will identify opportunities for cost savings and maximize your bottom line.
Frequently Asked Questions ordered by popularity and importance.
We define a tax strategy as a plan or set of actions designed to optimize a person's or an organization's financial situation by minimizing tax liability and maximizing after-tax income. Tax strategy involves making deliberate decisions about various financial activities, investments, and business operations to take advantage of tax laws and regulations. The primary goal is to legally reduce the amount of taxes owed.
Income Optimization: Structuring income in a way that minimizes the overall tax burden. This may involve strategies such as income splitting, deferring income, or utilizing tax-advantaged investment accounts.
Deduction and Credit Maximization: Identifying and leveraging available deductions, credits, and exemptions to reduce taxable income. This includes understanding eligibility for various tax breaks and loopholes and taking advantage of them.
Investment Planning: Choosing tax-efficient investment strategies and understanding the tax implications of different investment options. This may involve investing in tax-advantaged accounts or selecting investments with favorable tax treatment.
Business Structure: Selecting the most tax-efficient legal structure for a business. Different business entities (such as sole proprietorships, partnerships, corporations, or LLCs) have varying tax implications.
Timing of Transactions: Timing the recognition of income and expenses to optimize tax outcomes. This may include deferring income to a future year or accelerating deductions into the current year.
Charitable Giving: Incorporating charitable giving into the overall tax strategy to take advantage of deductions for donations and potentially reduce tax liability.
Compliance Management: Staying informed about changes in tax laws and regulations to ensure ongoing compliance. Adapting the tax strategy as needed based on changes in personal or business circumstances.
It's important to note that tax laws can be complex and subject to change. Consulting with a member of our team is critical when developing and implementing a tax strategy. We provide personalized advice based on individual circumstances and help ensure that strategies align with current tax regulations.
Let's discuss your challenges and possible solutions. Plan for up to 1 hour by phone or video call.
