If you don’t have a tax plan in place, now is the best time to get started. A proactive approach to tax planning is the best way to insure the minimization of your business and personal income tax liabilities. Effective income tax management requires proper planning throughout the year, not just at tax time. The benefit for businesses is that more revenue stays in your bottom line and for individuals, you keep more of your hard-earned money at the end of the year.

If you own an existing business, we’ll develop a tax plan tailored to your industry. We’ll help you set up a strategy to decrease liabilities and direct more revenue towards your bottom line. For new businesses, we can help you determine which incorporating entity is the best option for tax savings and get you started on a tax savings plan focused on minimizing your tax burden and increasing your bottom line. For individuals, we determine the best strategy to minimize personal income tax obligations and plan for life changes that can affect future income and tax burden.

Highlights of our tax planning services include:

• Strategic tax planning for businesses and individuals
• Alternative minimum tax planning
• Trust and estate planning
• Tax planning for non-profit organizations
• Monitoring federal, state, and local tax law changes
• Year-round support

Contact Icono Financial Services today and take the initiative to start managing and reducing your income tax burden.