Plan your taxes and save!

"It’s not that just I am saying it, I can show you on paper exactly what I am talking about and how it produces results for you," so speaks Dan W. Holloway, CPA, partner in the CPA firm of Sanders, Sanders & Holloway.

"We do tax planning and preparation for businesses and individuals. We also do full array of financial statement audits for not-for-profit organizations, but the specialty area that I like to deal with is small business tax consulting.

"Completion of tax returns is all done with our tax software. You need to know what you are doing, but it’s becoming a basic service that many people out there can do probably quite inexpensively. The real important thing is to plan your taxes because there are numerous decisions that should be made during the year that can substantially reduce your taxes at the end of the year." Also, you should never make an important business decision before checking with me on the tax implications.

We asked Dan what makes him think that he can do as he promises, save thousands and thousands of dollars on a yearly basis in most cases.

Dan: "Because I have been doing it very successfully over and over. When I have my first meeting with a new client I gather information about the details and structure of their business.  In most cases, with only this information, I am able to recommend ideas or changes that result in thousands of dollars in annual tax savings.”

How does it work?

"I would ask you to sit down with me and spend 45 minutes to 1½ hour discussing your specific situation, your business, and then we would see if there was anything I could do to help you. Generally, in that length of a conversation I can tell if I can help you or not. Of course, there is no charge for that first conversation."

850-222-1608
Fax: 850-222-2982
dan@ssandhcpa.com
www.ssandhcpa.com
 

Tax tips from Dan:  Many times an unincorporated business person does not realize that they can incorporate their business and save thousands of dollars a year, just by that one step. That’s one of the most common situations that I find. It doesn’t always work but it does in many cases. Another potential savings comes from using pension plans to save current taxes.  Many business owners do not realize all of the possibilities that are available, even to the one-owner business (many times they work best), and are losing a great opportunity to significantly reduce their taxes each year. Again, remember that these are the types of decisions that must be made at the beginning of, or during, the year if they are to be effective. These ideas are not complex, but they must be very carefully evaluated to the specific situation of the individual business to be successful.  That is where my many years of experience pay off. Start planning now, not when it is too late.