Tax Planning and Consultation

We provide this service to business and individual clients who are in need of additional tax planning during the year. We review quarterly accounting and income documents to determine if changes are needed in anticipation of changes in the current year tax liability. Many things can happen during the year that will impact your taxes such as starting a business, retirement, withdrawals from retirement, receiving social security benefits, buying or selling investment property and students heading off to college, etc. These are areas where we strive to help our client navigate our complex tax system and identify areas that will need additional attention before the filing season begins. If you have changes in your income stream be sure to give us a call, we are here to help you with your tax planning needs.

Updates IRS Child Tax Credit

Important changes to the Child Tax Credit are helping many families get advance payments of the credit:

  • Half the total credit amount is being paid in advance monthly payments. See the payment date schedule.
  • You claim the other half when you file your 2021 income tax return.