Tax Planning and Preparation
Every financial decision, at its core, is a tax decision
Taxes are more than a once-a-year event; they are one of life’s most complex and significant expenses. Unfortunately, many wealth advisors often overlook the critical role taxes play in financial planning. At Reason Financial, we firmly believe that every financial decision, at its core, is a tax decision.
By leveraging our extensive financial and tax expertise, we are uniquely positioned to understand and plan for the tax implications that affect our clients. This integrated approach ensures that you are not only aware of your tax obligations but also have the opportunity to implement proactive and legal tax reduction strategies. Our goal is to provide you with a comprehensive, forward-thinking plan that optimizes your financial and tax outcomes.
Tax Strategies and Planning for you
Individuals
We specialize in partnering with individuals and families to better position their tax savings through effective strategies. Our services include:
- Tax planning for single-member entities and small business owners
- Management of investment and rental properties
- Optimization of executive compensation packages
- Guidance on restricted stock units (RSUs)
- Assistance with employee stock purchase plans (ESPPs)
- Comprehensive estate tax planning and wealth transfer strategies
Let us help you navigate the complexities of tax planning to manage your financial future.
Business Owners
Proper planning and attention to detail are essential for businesses. Our expertise as planners and preparers ensures comprehensive support in complex tax planning strategies, including:
- Planning and Preparation for (Corp, S Corp, LLC, LP, Partnership, Sole Proprietor)
- Retirement and employee benefit planning (401k)
- Bookkeeping and expense strategies (payroll, auto usage, healthcare)
- Payroll efficiency with 360-degree integration with 401k
- Owner compensation strategies to maximize benefits
We are dedicated to research, education, and implementation, ensuring your business achieves optimal tax efficiency.
Trustees & Fiduciaries
As a Trustee or Fiduciary, you hold dual responsibilities to both the grantor and the beneficiaries of the trust. Navigating these obligations can be challenging, but we are here to assist you. Our experienced trust tax professionals provide comprehensive support, including:
- Preparation and planning for Form 1041 and Schedule K-1
- Gift tax returns and gift tax planning
- Addressing generation-skipping tax (GST) issues
- Estate tax concerns and Form 706 filings
Let us help you manage your responsibilities with expertise and precision.
Reason Financial and LPL Financial do not provide legal advice or services. Please consult your legal advisor regarding your specific situation
Imagine Your Finances with Tax Planning and Preparation
Tax Optimization
The art of paying the “just right” amount of taxes—no more and no less—is a delicate balance. Through a careful examination of your unique circumstances, we will craft a personalized plan designed to maximize your deductions and minimize your liabilities. Our goal is to ensure that you pay exactly what you should be paying, managing your financial outcomes while keeping your tax burden at the appropriate level.
Tax Efficient Investment Planning
As financial and tax advisers, we firmly believe that every financial decision is also a tax decision. Without a customized plan aimed at reducing your annual tax bill, the average investor sacrifices unnecessary returns. Our tax-smart investing approach is dedicated to helping you keep more of what you have worked so hard for. We focus on creating strategies that are better suited to your financial decisions, striving to help you retain more of your wealth through effective tax planning.
Clarity and Confidence
Few events cause as much anxiety as ensuring compliance with the tax code. Your plan should minimize audit exposure by being thorough and accurate, while also utilizing all available legal tax reduction strategies. At Reason Financial, we help to make sure your financial plan not only meets compliance standards but also takes full advantage of opportunities to legally reduce your tax burden, providing you with clarity and confidence.
Lets Get Started: Tax Planning and Preparation
01Initial Consultation
Let’s find time to speak and see if we have the ability to help.
02Review of Engagement
We’ll go over our engagement agreement to ensure you understand our services, what to expect, and address any questions you may have.
03Upload Tax Related Documents
Share your tax documents with us so we can review your situation and gather important information.
04 Planning and Preparation
We’ll guide you through the implementation process, ensuring you understand every step and feel confident in your financial and tax strategy.
05 Review and Filing
We’ll conduct a final review of your tax documents, ensure compliance with tax regulations, and handle the e-filing of your return, keeping your tax planning up-to-date.
Contact us to get started
