Projecting your tax liability and tax-related financial planning goes beyond filing your tax returns. Planning ahead is the first step to achieving your financial goals. ARR & Co helps clients with:
- Income tax planning and projecting your personal and business tax liability
- Advanced tax strategies including tax minimization
- Retirement plan options and implementation
- Stock option and restricted stock planning
- 1031 tax-deferred exchange calculation
Income Tax Planning & Tax Projections
Most likely you want to avoid unexpected surprises when it comes time to file your personal and business taxes. On our journey together, we’ll analyze your financial and investing decisions to determine their tax impact. By projecting your tax liability — especially in light of ever-changing tax code updates — we’ll determine if course corrections are needed.
Advanced Tax Strategies
While you can’t avoid paying some taxes, careful strategic planning can help minimize them. By understanding your financial situation and how your business operates and is structured, we can uncover ways that follow the tax codes while reducing your tax liability. Together we’ll balance short-term tax planning and other strategies to help you achieve your long-term financial goals.
Retirement Planning Options & Implementation
There are a number of retirement planning options for individuals as well as business owners. Choosing the right retirement vehicles like — Roth IRAs, SEPs, 401(k), cash balance defined benefit plans, deferred benefit pensions — can be a daunting task. We’ll work with you to define your company and personal retirement goals, matching them with available retirement planning options.
Stock Option & Restricted Stock Planning
Stock options and restricted stock grants can have a significant positive financial impact on your net worth and financial future. However, the associated tax implications can be consequential without expert tax planning.
Our mission is to help company founders, executives, and individuals learn about the tax and financial impact of stock awards, issues related to maintaining the stock basis of shares and planning around the sale of company shares. We can help you with:
- Retirement and estate financial planning
- Section 83(b) elections
- Alternative minimum tax issues
- Net investment income tax planning, among other issues
1031 Tax Deferred Exchange Calculations
As an investor, a 1031 tax-deferred exchange can provide for a reduced or tax-free exchange on real estate transactions. The IRS rules governing 1031 exchanges are complex. The process can be difficult to navigate even for the most experienced investors.
When determining to buy or sell a real estate asset, we’ll determine whether your selected property qualifies for a 1031 tax exchange. You’ll receive the guidance — including the deadlines to qualify — you need to successfully complete the real estate exchange transaction.
On-Call Advisory Services
What can you do to reduce your tax liability for next year? Should you create a SEP IRA or 401(k) retirement plan? Does a real estate property qualify for a 1031 Exchange? These are just some of the questions we can answer for you. Benefit from our 30+ years of experience to get the answers to what you need exactly when you need them.