There’s more to effective tax return preparation than meeting the annual April 15 deadline. In fact, there are two major ways for businesses and individuals to minimize their overall tax burden. First, be aware that tax return preparation is a year-round job. Second, partner with CPAs who have detailed knowledge of federal and state tax laws, including year-to-year changes that can have a major impact on your specific situation.
For decades, Soren McAdam has helped thousands of Inland Empire clients with their tax preparation needs. By working as advisors – not just tax preparers – our CPAs can develop a detailed understanding of your tax picture. On the individual side, this role helps us evaluate how significant changes in base pay, bonus compensation, commissions or stock options may affect taxes, and recommend steps that can reduce that liability. For business clients, an advisory role allows us to forecast how reorganizations, international expansions, mergers, acquisitions or other key events may change the tax picture. Based on that forecast, we’ll offer actionable steps that will help minimize your business tax exposure.
If you’re ready to work with an accounting partner who knows your name as well as your industry, contact Cindy Watts at 909-798-2222. When you choose to partner with our professionals throughout the year, you’ll be rewarded with the best possible outcomes – and no last-minute surprises – when tax-filing time rolls around.