Year End Tax Planning

Start now before you run out of time … The clock is a tickin’.
Is it just us or did 2015 screech by? We are in November now and most tax saving scenarios take time to implement and quantify.
For all of our clients, tax planning should be thoughtful and logical. In the case of business entities, planning should also consider the goals of ownership and its management. Sometimes good planning strategies conflict with good exit strategies. There are other times when they perfectly align, however. Wouldn’t you like to know that they align? Our planning involves a careful question-and-answer process designed to understand our clients’ pressure points and translate these into a value-added process which yields net cash savings for our clients. We believe it is imperative that there be an open line of communication during this process.
We are hopeful that Congress will fill our stocking with some tax benefits but we are braced for this not occurring as well.
Planning is just as essential for individuals and no less important. Those that are experiencing anomalies in their earnings for a myriad of reasons such as: options exercises, restricted stock vesting, and/or major disposition events would be well served to undertake the tax planning process. There may be simple strategies that can help reduce taxes.
We welcome the chance to help you through this process. Please contact your WNDE tax specialist today to begin this process before it is too late.
Also, please feel free to peruse our tax planning guide.