No one likes to prepare their tax return only to find out they have a hefty unexpected tax bill.
At Morris & Tonsfeldt we like to analyze your situation so that we can make educated estimates of what your tax liability will be. This allows you to plan and prepare for a potential tax liability throughout the year and not just the day before it is due.
Having an accurate projection of your tax liability also allows time to find strategies that may reduce your liability over all. Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.
Taking time to make an appointment to evaluate the progress so far and evaluate a mid-year adjustment to estimated tax payments is often the best way to adjust to changing income and expenses in your business...and personal financial situation.
We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars.
We assist businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes all year long, not just at the end of the year.
"Income tax time is when you test your powers of deduction." - Shelby Friedman
We recommend Tax Saving Strategies that help you...
Here's just a few of the Tax Saving Strategies we use...
Remember, we work for you...not for the IRS.
Many of our clients save in reduced tax liability through careful planning and legitimate tax strategies.