Tax Planning is Not Tax Preparation

Tax BurdenSometimes, knowing what something isn’t goes a long way in helping to explain what it really is. Tax Planning is not Tax Preparation. Tax Preparation is what your CPA does when preparing to file your taxes by April 15 each year. When your taxes are filed on April 15, they contain information that happened the previous year. There is almost nothing you can do to reduce your tax bill for the previous year once the calendar reads January first of the new year. Tax Planing begins on January 1 so that when you give your records to your CPA 13 or 14 months from then, all that planning will result in fewer dollars flowing out of your pocket. Most people pay more in taxes than they need to. If you own your own business and feel your tax bill is too high, contact me by hitting the button below.

 Contact Me