Patriot Business Consultants on LinkedIn: Enhance Your Tax Strategy with Expert Support! At Patriot Business… (2024)

Your CPA is not proactive.They don't provide any advice on how to save taxes.They just take your information and prepare your tax return.You never hear from them unless it's tax season.Sound familiar to your situation?The problem: ❌ you're working with a tax PREPARER 👨💼 The solution: ✅ work with a tax STRATEGIST 🧠A tax preparer will ensure your returns are filed accurately.But a tax strategist is someone who will partner with you, delve into your goals, and craft tailored strategies to minimize your tax liability.In our advisory engagements, we hold several calls to walk through what tax strategies are most impactful for you based on your unique goals and how much in taxes you can save. We also discuss your most pressing questions and topics you'd like to get clarity on.Armed with this new knowledge, you have a clear understanding of what you need to do to meet your goals to ultimately reduce taxes and grow your wealth.In short, a tax strategist will help you navigate the ever-changing tax landscape and ensure you're taking advantage of every opportunity to save tax.Ready to make the switch?Send me a DM if you are a real estate investor looking for a tax strategist that specializes in real estate. 👋

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Question of the day: Can you name a profession where you only meet with your client once a year, offer them a one-size-fits-all solution, and can’t provide them with a tangible solution when they really need one?Can’t think of any? 🤔Well, that’s what happens when you’re just using a tax preparer.Taxes are one of the biggest expenses for business owners. Yet, many don’t take an active approach to manage them.If you agree that it’s time to level up and move beyond box-ticking and form-filling, drop a “YES” in the comments below. 👇Let’s replace cookie-cutter solutions with a proactive tax strategy and regular check-ins. Because you deserve a tax advisor who’s as committed to your business as you are.Ready to step up? Book a call with me for a free tax advisory session. Book FREE Tax Advisory Call: www.TaxPlanningCall.com

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❗ Tax planning is done throughout the year...not when you file your return❗ I can't tell you how many times I've heard "XYZ does our taxes, but we're looking for somebody else because we owed a lot last year." Comments like this bring up a few interesting things:1️⃣ There is a big difference between a tax PREPARER (think H&R Block, Jackson Hewitt, etc.) and a tax PLANNER (think of CPAs and advisors)▪ a preparer's job is to organize and input tax forms and information from the prior year to file your returns with the IRS, state, etc.▪ a planner/advisor's job is to analyze and implement specific strategies to save on taxes throughout the year and/or your lifetime2️⃣ Tax PLANNING (like all other forms of planning) is done ahead of time▪ filing your taxes is when you report information and activity that has already occurred during the previous year▪ planning is done throughout the year (pre-tax vs. Roth, conversions, estimating qualifications for certain credits, etc.) with the intention of saving on taxes and creating efficiency over the long haulThe real value comes from tax planning, not just simply filing a tax return. However, its important to first understand the role of the person you are working with.#tax #taxes #personalfinance #financialplanning #wealthmanagement

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Tax season stressing you out? 🤯 Let TaxMaster, Inc. ease the burden! We provide personalized tax prep services to maximize your savings. Our savvy team stays ahead of complex tax laws for your benefit. Find relief and get the most out of your return – contact us today! 718-326-0500 https://lnkd.in/eQ8ux7iK#taxprep #taxseason #taxstrategies #taxexperts #financialplanning

The Wisdom of Quarterly Tax Planning: Setting Your Business Up for SuccessAt IvyGaze Tax Solutions, we believe in the power of proactive tax planning to shape a resilient financial future. Let's explore why embracing the wisdom of quarterly tax planning is the key to setting your business up for success.1. Navigating the Complexity of Business Taxes:Running a business involves a complex landscape of tax obligations. Quarterly tax planning allows you to break down the intricacies, ensuring that you stay compliant with tax regulations. By addressing tax responsibilities in manageable segments, you gain clarity and control over your financial obligations.2. Smoothing Cash Flow Peaks and Valleys:Business cash flow experiences peaks and valleys throughout the year. Quarterly tax planning serves as a financial stabilizer, helping you anticipate and manage cash flow fluctuations. By setting aside funds regularly, you avoid last-minute financial crunches and create a consistent cash flow strategy.3. Maximizing Deductions and Credits:Proactive tax planning opens the door to maximizing deductions and credits available to your business. By strategizing throughout the year, you can identify opportunities for tax savings. This includes taking advantage of tax incentives, credits, and deductions that align with your business activities and goals.4. Building a Foundation for Future Growth:Quarterly tax planning is not just about the present; it's an investment in your business's future growth. By staying ahead of tax obligations, you create a solid financial foundation. This foundation, in turn, becomes a springboard for strategic decisions, expansion opportunities, and long-term success.At IvyGaze Tax Solutions, we are dedicated to helping businesses navigate the intricacies of taxation and turn quarterly tax planning into a cornerstone of financial success. Ready to set your business on the path to success? Visit https://lnkd.in/g8rmh89f to start your journey today.#QuarterlyTaxPlanning#BusinessSuccess#FinancialWisdom#IvyGazeTaxSolutions#StrategicTaxPlanning

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Many people assume tax planning is the same as tax preparation, but the two are quite different. Tax preparation is the process of preparing and filing a tax return. Generally, it is a one-time event that culminates in signing your return and finding out whether you owe the IRS money or will be receiving a refund.Tax planning is a year-round process (as opposed to a seasonal event) and is a separate service from tax preparation. Both individuals and business owners can take advantage of tax planning services, which are typically performed by a CPA and accounting firm or an Enrolled Agent (EA) with in-depth experience and knowledge of tax law, rather than a tax preparer.If you’re ready to learn how a tax and accounting professional can help you save money on your tax bill this year, don’t hesitate to call our office for a tax planning appointment.

Maximize Your Tax Savings with Expert Guidance!Are you feeling overwhelmed by the complexities of the tax system? Struggling to navigate the ever-changing tax laws and regulations? Don't worry; I'm here to help!As a tax consultant with 8-years of experience in the field, I specialize in providing comprehensive tax solutions for individuals and businesses. My goal is to ensure that you pay only what you owe while maximizing your tax savings legally and ethically.Here's how I can assist you:1. Personalized Tax Planning: I'll work closely with you to create a tailored tax strategy that minimizes your tax liability and aligns with your financial goals. Whether you're an individual looking to reduce your tax burden or a business seeking to optimize your tax structure, I've got you covered.2. Compliance and Reporting: Staying in compliance with tax laws is crucial to avoid penalties and fines. I can assist you in accurate tax reporting, ensuring that you meet all the necessary deadlines and requirements.3. Tax Optimization: With a deep understanding of tax codes, credits, and deductions, I can identify opportunities to save you money. I'll explore all available avenues to reduce your tax liability and enhance your financial well-being.4. Audit Support: If you're facing an audit or need assistance with back taxes, I can provide expert guidance and representation to help you navigate these challenging situations.5. Up-to-Date Knowledge: Tax laws are continually changing. I stay up to date with the latest tax developments to ensure you benefit from the most current tax-saving strategies.6. Peace of Mind: Tax compliance can be stressful, but with my support, you can focus on your business or personal pursuits while I handle the complexities of the tax system.I'm committed to delivering results and building lasting relationships with my clients. Whether you're an individual or a business owner, I'll work diligently to help you achieve your financial objectives while minimizing your tax burden.If you're ready to take control of your taxes and experience the peace of mind that comes with expert tax guidance, let's connect. Reach out to me to schedule a consultation, and together, we'll pave the way to a more financially secure future.#taxconsulting #taxsavings #financialplanning #taxexperts #taxplanning #AuditSupport #compliance #taxation #financialadvisor #taxstrategy #linkedin

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Many people assume tax planning is the same as tax preparation, but the two are quite different. Tax preparation is the process of preparing and filing a tax return. Generally, it is a one-time event that culminates in signing your return and finding out whether you owe the IRS money or will be receiving a refund.Tax planning is a year-round process (as opposed to a seasonal event) and is a separate service from tax preparation. Both individuals and business owners can take advantage of tax planning services, which are typically performed by a CPA and accounting firm or an Enrolled Agent (EA) with in-depth experience and knowledge of tax law, rather than a tax preparer.If you’re ready to learn how a tax and accounting professional can help you save money on your tax bill this year, don’t hesitate to call our office for a tax planning appointment.

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"My CPA is not proactive in discussing tax strategies with me."So what are you going to do?Continue on the same frustrated path?You think:👉 "My CPA doesn't give me any advice on how to save taxes."👉 "They just take the information I give them and prepare my tax return."👉 "I never hear from them unless it's tax season."Sound familiar?❗The problem is: you're working with a tax PREPARER 👨💼 ❗The solution is: what you want is a tax STRATEGIST 🧠A tax preparer will ensure your tax returns are filed accurately, at least most of the time.But a tax strategist?That's someone who will partner with you to craft tailored strategies to minimize your tax liability. 💰We hold several calls with clients to walk them through what tax strategies will be most impactful for them based on their unique goals and how much in taxes they can save.Our clients have a clear understanding of what they need to do to meet their goals to ultimately reduce their taxes and grow their wealth.A tax strategist will ensure you're taking advantage of every opportunity to save taxes.When you're frustrated enough with your current situation to make a change, send me a message to see if we're a good mutual fit.Nothing changes, unless you make difference decisions.--If you found this helpful, consider resharing ♻️

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We are BestTaxPro, your local expert in income tax preparation services. Our team of professionals provides comprehensive support to help you handle your tax filings efficiently. Don't delay your tax preparation, reach out to us today for an initial consultation! Uncover the facts 👇 #BestTaxPro #taxes #IRSLevy #minnesota #taxreturn #taxplanning #taxhelp #stopirs

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