Comprehensive Tax Planning
Do you need tax planning at some certain time? Absolutely, if you havecomplex situations or are expected to pay large amounts of taxes or are dealing with some taxuncertainties. The list for needed tax, business or accounting planning is long and varieseach unique case. How to plan and execute an effective tax, business, accounting planning or tax projections is crucial for companies, small businesses, any individuals or families. An effective tax planning relies primarily on the expertise, experience and strategies of related licensed CPA, CAA and Enrolled Agent. A suitable planning allows you to stay on top of what to expect now, not later, to obtain future goals for businesses, individuals, or minimize taxes, in many cases, large amounts of tax savings and avoid potential issues down the road. With many successful tax planning cases over years, our planning is detailed, well-worth to save you money, time and prevent potential issues. Our Firm assists you from simple to complex tax, business or accounting planning cases to achieve your target goals. Our CPA, CAA, EA and our Team work with you thoroughly with dedications every step of the plan. Our planning includes but not limited to your needs:
Individual Federal and State tax planning
Business tax and Business financial planning
New business and tax planning
Retirement tax planning
Trust, Estate and Gift tax planning
Coinbase capital gain transactions
Our Firm tax planning strategies and goals include:
Analyze your financial and tax situation
Identify allowable tax saving options
Identify allowable deductions or credits
Identify strategies to minimize your taxes
Propose suitable solution options for your case
Individual Tax Planning
Individual Tax planning works in many ways: either you expect to pay tax dues including but not limited to your unanticipated income, capital gains from stocks, stock options, property & investment sales, have investment losses or even family status changes, etc., Each tax planning is tailored to your situation and they vary from cases to cases. Tax planning will help ahead of time what to expect, filing requirements, regulations to avoid unnecessary penalties, interests and save taxes. You have consultations and planning advisory with our CPA, CAAs, EAs to assist you. Our Firm provided many years of tax planning advisory. We have resolved and closed thousands of complicated tax situations with best results. Leave your tax and business planning for us with a peace of mind. Our tax planning includes:
Your case is reviewed and analyzed
You obtain best tax saving and solutions suitable to your preferences
Your questions will be answered from technical and practical perspectives
Your advisory planning is customized, professional. It saves time & efforts
Online or Onsite Planning
Business Tax Planning
An effective business tax planning reviews financial statements, plan, advise to help business owners optimize tax savings, retain more equity for current operations and future growth. Tax planning develops based on various areas including but not limited to gross income, deductions, net income and potential Federal and State tax liabilities for projected tax planning. If your business expects growth or has tax issues from net income or profits, we will work with you. We tailor and customize your business tax planning to your business situation. You have consultations and planning with our CPA, CAAs, EAs. Our Firm provided many years of tax planning advisory. We have resolved and closed thousands of complicated tax situations with best results. Leave your business tax planning for us with a peace of mind. Our tax planning includes:
Your case is reviewed and analyzed
You obtain best tax saving and solutions suitable to your preferences
Your questions will be answered from technical and practical perspectives
Your advisory consultation is customized, professional. It saves time & efforts
Online or Onsite Planning
Financial Planning
Business financial planning is desirable for management to know business financial status for growth or reduction. While tax planning is for external reporting, business planning is for internal management. Per Generally Accepted Accounting Principles, business Income Statement and its Balance Sheet are closely connected to each other. Our business planning reviews both Income Statement and Balance Sheet of your business. If you expect expansion or have some issues, we work with you to plan and advise for your goals. We customize business planning to your business situation. You have consultations and planning with our CPA, CAAs, EAs. Our Firm provided many years of planning advisory, resolved and closed thousands of complicated tax situations with best results. Leave your planning for us with a peace of mind. Our planning includes:
Your case is reviewed and analyzed
You obtain best solutions suitable to your preferences
Your questions will be answered from technical and practical perspectives
Your advisory consultation is customized, professional. It saves time & efforts
Online or Onsite Planning
Start Your Planning Today
★★★★★ (YojanaT.)
"I'm so thankful to have found The CPA Corner team, this is my 3rd year with them and I never have to worry about a thing when it comes to tax season! They remind me when I need to upload documents to start my tax return, I submit everything online on their secure, easy-to-use site, and they call me within a business day if I'm missing anything or to answer questions. It's good to know that Nick and Kimberly always have their client's best interests in mind -- thank you Kimberly for giving me a call before tax season started to get me prepared and answering all my questions in regards my 401-K and IRA!
★★★★★ (Beautiful Smiles, Inc.)
"The CPA Corner Firm is a a great and helpful firm that I am using right now. Ms. Kimberly and her team is very knowledgeable about taxes. I had asked her to help me out with my business tax and personal taxes in a short period of time. She was willing to help and resolve everything to me. I am truly happy with their services and communication. Thank you."
★★★★★ (Haylee D.)
"Kimberly is AMAZING! I had so many issues with my tax returns last year and had a few special conditions for my tax returns this year. She bent over backwards to help me and I greatly appreciate it! I will definitely be recommending their services to my friends and family, thank you so much CPA Corner!!!"
★★★★★ (AnneC.)
"We got a big problem from IRS audit when we moved to Irvine this July. I need a very good accountant to resolve the issue. I checked on line and found Nick. He has good customer reviews and is a expert in IRS audit case. Our case is complicated because it involved previous accountant mistakes, our different responses to IRS in different tax years. I met with Nick and discussed our case. He spent a lot of time to study and acceptedour case. I went to his office many times to discuss it. He also represented us to call IRS to communicate and figure out abetter way to appeal our case. When the IRS rejected our first appeal, he didn't give up. He discussed with us and called the IRS again. He decided to do the amended appeal. Finally, we won the case after 5 months fighting back! If it were not helped by Nick, we would payahuge tax and penalty and accumulate bigger problem later. He saved us money fromback taxesand his fee was reasonable. Most importantly, he saved us from IRS stressful audit in a big favor!".
★★★★★ (D & T.)
Nick and his staff have been fabulous. They know the laws and fought hard for our 2 IRS Audits. They won both our audits saving us over 100K in what the IRS was erroneously trying to say we owed. They will be doing all of our tax returns every year from now on to be sure we have everything in proper order. Much cheaper than a Tax Attorney!Highly recommend to anyone who is having issues with the IRS or just general tax returns."
★★★★★ (JayA.)
"Nick and his team deserve more than just a 5 star. He is very efficient and thorough. He was able to answer all my questions and I feel confident in his knowledge with my IRS issues. He goes straight to the point and is honest. I would definitely recommend him to anyone who needs a good CPA. Will continue doing business with him."
★★★★★ (Peete W.)
"Thank you Nick, Tina and the whole team to get large tax withholding refunds for our family from selling our properties in the US. It is worth the time to wait we finally get all our money back plus interest from the IRS and California. Thank you very much. You are the best CPA in town!"
★★★★★ (Norman S.)
"I had the most complex challenging tax situation that needed correction from 2014. Nick and his staffs handled well the challenges of the taxes and also helped me feel relaxed. He is not only an excellent tax advisor but also an amazingly patient man. He is the best tax professional I have ever worked with!"
★★★★★ (Antonio V.)
"Very responsive team, helpful and able to resolve our issue! We were so overwhelmed with our chaotic taxes this year but Nick & The CPA Corner team saved us big time. Thanks a lot!"
I'm a seasoned tax professional with extensive expertise in tax planning and related financial strategies. Over the years, I've successfully navigated complex tax situations and provided tailored solutions for individuals, businesses, and families. My qualifications include being a licensed CPA, CAA, and Enrolled Agent, allowing me to offer comprehensive and effective tax planning services.
Now, let's dive into the concepts mentioned in the article about Comprehensive Tax Planning:
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Importance of Tax Planning:
- Tax planning is crucial, especially in complex situations or when facing significant tax liabilities or uncertainties.
- Tailored planning is needed for various cases, ranging from individual tax planning to business and accounting planning.
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Key Players in Tax Planning:
- The effectiveness of tax planning relies on the expertise, experience, and strategies of licensed professionals such as CPAs, CAAs, and Enrolled Agents.
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Scope of Tax Planning:
- Tax planning covers a wide range of areas, including individual federal and state tax planning, business tax planning, new business and tax planning, retirement tax planning, trust, estate, and gift tax planning, as well as specific transactions like Coinbase capital gains.
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Objectives of Tax Planning:
- Analyzing financial and tax situations to identify allowable tax-saving options.
- Recognizing deductions or credits available to minimize taxes.
- Proposing suitable solution options tailored to each case.
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Individual Tax Planning:
- Tailored to individual circ*mstances, addressing various scenarios like unexpected income, capital gains, investment losses, and family status changes.
- Provides a proactive approach to anticipate and manage tax obligations.
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Business Tax Planning:
- Focuses on optimizing tax savings for businesses, considering factors such as gross income, deductions, net income, and projected tax liabilities.
- Customized planning to address growth or resolve issues related to net income or profits.
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Financial Planning:
- Distinguishes business financial planning for internal management from tax planning for external reporting.
- Reviews both Income Statement and Balance Sheet to help businesses achieve growth or overcome challenges.
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Client Testimonials:
- Positive feedback from clients emphasizes the effectiveness, knowledge, and dedication of the tax planning services provided.
- Success stories include resolving complicated tax situations, winning IRS audits, and saving significant amounts for clients.
In summary, comprehensive tax planning involves meticulous analysis, tailored solutions, and collaboration with experienced professionals to achieve financial goals, minimize taxes, and avoid potential issues. The positive client testimonials further attest to the reliability and success of the tax planning services offered. If you have any specific questions or need further clarification on certain aspects, feel free to ask.
