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Tax Planning Package Services Include the following:

  • 45min Quarterly Calls: to discuss any financial issues that could impact your taxes and to put a strategy together to minimize your tax liability.  

  • IRS Monitoring: we will monitor your IRS account to so we can be proactive in the event the IRS is sending you notices.  Being 1-step ahead of the IRS could save you penalties and fees. 

  • Paycheck Analysis: analysis that is typically done in July to examine your withholdings and other income to forecast your potential tax liability

  • W4 Guidance: Effective 2020 changes were made to the W4 and together we can complete it to provide the best tax liability solution for you

  • 1099/W2 prep: Creating 1099 for contractors and/or W2 for employees.  Up to 5 individuals

  • *Tax Preparation: filing of your personal 1040 and/or 1120S (S-Corp) and State return (if applicable)

  • Payment Plans available*$750 Deposit required upon onboarding

TAX PLANNING FOR

Small Business Owners & Independent Contractors

Having a small business or doing independent contractor works means that you do not have any taxes taken out of your earnings upfront.  As independent contractor/small business owner you pay taxes on the net profit generated for that tax year.  Self-employment tax is 15.3% of your net profit AND if you are single member LLC/Sole Proprietor you get taxed AGAIN on ALL income sources at the income tax bracket.  As a result, you may end up paying 20-40% in TAXES!!!  Tax planning is very key for independent contractors/small business owners as you want to pay the least amount of taxes.

In a Meeting

Who We Serve:

  • Therapists – mental health, art, etc

  • Consultants – health, financial, general, etc

  • Web Designers

  • Interior Designers

  • Entertainment Industry – actors, music producers, etc

  • Realtors

  • Ride-Share Drivers (Uber, Lyft, DoorDash, etc)

  • Multi-Level Marking (MLM) – Credit Repair, Beauty, etc

Rates

Start-Up Business

For independent contractors and small business owners that have gross revenue of $0-$49,999.

In addition to Base Services:

Small Business Best Practices: details on all the preliminary steps needed to start and/or maintain your business so you can continue to grow and develop good habits 

**Rates start at $1,495

Note: You can add to this package Al La Carte 

Growing Business

For independent contractors and small business owners that have gross revenue of $50,000-$99,999.

In addition to Base Services:

Small Business Best Practices: details on all the preliminary steps needed to start and/or maintain your business so you can continue to grow and develop good habits.

Small Business Strategy Session:  Covers how to maximize your tax deductions by taking advantage of several tax strategies that the wealthy use to pay the least amount of taxes.  Hot Topics: Hiring your children and Vacation write offs.

**Rates start at $2,495

Note: You can add to this package

Al La Carte 

Established Business

For independent contractors and small business owners that have gross revenue of $100,000-$249,999.

In addition to Base Services:

Profit First: Cash Management system to help you grow your business in sustainable way that will provide long term success.

Small Business Strategy Session:  Covers how to maximize your tax deductions by taking advantage of several tax strategies that the wealthy use to pay the least amount of taxes.  Hot Topics: Hiring your children and Vacation write offs

**Rates start at $3,495

Note: You can add to this package

Al La Carte  

Empire  Business

For independent contractors and small business owners that have gross revenue of $250,000++.

In addition to Base Services:

Bookkeeping with Profit First: We will manage your books using the Profit First methodology.  We will also take a deep dive into your operating expense account to make sure you are spending money with intentions and making data driven decisions.  HOT Topics: Looking at your Return of Investment, creating a plan to pay down debt, etc.

Small Business Strategy Session:  Covers how to maximize your tax deductions by taking advantage of several tax strategies that the wealthy use to pay the least amount of taxes.  Hot Topics: Hiring your children and Vacation write offs

**Rates start at $6,495

Note: You can add to this package

Al La Carte 

Complex Business

For independent contractors and small business owners who have an LLC that is taxed as an S-Corp.

In addition to Base Services:

Bookkeeping with Profit First: We will manage your books using the Profit First methodology.  We will also take a deep dive into your operating expense account to make sure you are spending money with intentions and making data driven decisions.  HOT Topics: Looking at your Return of Investment, creating a plan to pay down debt, etc.

Small Business Strategy Session:  Covers how to maximize your tax deductions by taking advantage of several tax strategies that the wealthy use to pay the least amount of taxes.  Hot Topics: Hiring your children and Vacation write offs

**Rates start at $7,495

Note: You can add to this package

Al La Carte 

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Ready to start the process?

*CT state return is included at no additional charge.  Non-CT residents or multi state filing will be an additional $75 per state.  Every state has their own tax laws and research must be done to make sure you are getting all State level deductions/credits available to you.

**Not every client has the same tax situation there may be additional forms that have to be filed with your tax return.  These extra costs will be communicated with you before submission of the tax return