Tax Planning

Tax Planning & Advisory Services 

Planning is the key to successfully and legally reducing your tax liability. A comprehensive knowledge and understanding of tax laws is necessary for devising effective Tax Planning strategies. Tax planning usually involves a combination of two or more strategies like Shifting Income from one year to another, Deferring Tax liability according to the deferral provisions of the Internal Revenue Code, Splitting of Income among family members, Salary Structuring and Shifting of Deductions to years in which taxpayer's tax rate is higher.

Finalysis provides cost effective Tax Planning strategies to its clients on timely basis to minimize the tax burden for the current and future years. We keep abreast of current tax laws throughout the year to minimize your tax liabilities and to maximize your future opportunities.

Individuals and Businesses pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.

Here are few Tax Saving Strategies:

  • Splitting income among several family members or legal entities in order to get more income taxed in lower bracket. 
  • Shifting income or expenses from one year to another in order to have them fall where it will be taxed at a lower rate. 
  • Deferring tax liabilities through certain investment choices such as pension plans, contributions and other similar plans. 
  • Using certain investments to produce income that is tax exempt from either federal or state or both taxing entities.