Handling your taxes on your own - personal or business - can be confusing and overwhelming. But at Wallace Accounting & Advisory, we bring the clarity and peace of mind your financials need. After all, you cannot grow when you are weighed down by heavy taxes or are dealing with the consequences of poor tax planning in the past.
Tax planning and consulting are essential for your financial growth and financial health. They can address federal (and state) income tax, retirement tax, estate tax, small business tax, and more. And ensure that you don’t pay more than necessary. There are deductions, credits, and exemptions that you can take advantage of – if you know how to. And, we do.
With tax planning and consulting, you can:
Make sure you are getting a maximum deduction.
Reduce the chance of making errors with your taxes.
Take steps to preserve your wealth.
If you are having a great year financially, you may need to find ways to reduce the taxes you will face at the end of the year. If you are struggling financially, then it is important to find ways to save where you can pertaining to taxes. Contrary to popular belief, handling taxes is not just an annual event. Instead, it needs to be assessed, reassessed, and monitored throughout the year. Your personal or business financials can change - and so can tax regulations and new legislation.
Today is the day to start planning for your future.
Tax Planning & Consulting Services We Offer
Federal (and state) income tax returns
Federal (and state) corporation tax returns
Tax ramifications for various business or personal transactions
Estate tax planning
Corporate tax planning
Individual tax planning
Representation for IRS audits
And so much more!
Why Choose Us?
At Wallage Accounting & Advisory, we get to know you, your financial situation, and your goals. Then we go to work creating a strategic plan that will minimize your tax liabilities and maximize your financial gains. Whether you are looking for tax planning and consulting for yourself or your business, when you work with our team of professionals, you will find yourself in a much better position financially.
It doesn’t matter how simple or complex your tax situation is. When you are ready, we are here for you.
Frequently Asked Questions
Should I hire a tax planning consultant?
While it isn’t something you have to do, it does come highly recommended - especially since taxes are inevitable. Analyzing your current financial situation can put you in a much better tax situation for the future.
What do I do if I am having trouble with the IRS?
Many people find themselves owing money to the IRS for one reason or another. Not clearing up this debt can lead to some trouble. Regardless of what you are dealing with when it comes to the IRS, having a professional tax team working for you - and representing you - can help to ease the situation. Of course, then develop a strategy to increase your tax efficiency going forward.
How can I get started?
If you want to learn more about tax planning and how it can benefit you or your business, call Wallace Accounting & Advisory today at (214) 741-6721.