Income Tax Planning, Preparation, and Strategy
You’ve probably heard the old saying, “The only things guaranteed in life are death and taxes.” While we can’t do much to help you avoid death, we definitely have the expertise needed to help you make the most of an incredibly complex tax code to make sure you don’t pay any more than is required by law, and get the refund you deserve as quickly as possible.
The fiscal health of the government and the many services it provides depends on individuals and households paying the proper amount of taxes. We all have to shoulder some of the tax burden, but with a gigantic and convoluted tax code, how do you know you’re not paying more than your fair share? We offer a wide range of tax services to individuals to make sure you’re on the right track.
Planning for taxes is the best way to legally minimize your tax liability. Successful tax planning requires thorough knowledge of ever changing tax codes at both the federal and state levels. We pride ourselves on keeping up-to-date with all the latest tax code developments, which in turn gives peace of mind to our clients that each return is prepared correctly, accurately, and in accordance with all applicable laws, codes and regulations. Our expertise and experience includes the following areas:
- Annual and long-term income tax planning
- Estimations and projections of income tax payments
Are you taking all the tax credits and deductions you’re allowed to take? This is a key aspect of successfully minimizing your tax liability. Unless you’re an expert in the area of complex tax codes, you could be missing out on some significant benefits. Our expertise includes a variety of tax preparation features.
- Navigating the complex tax maze
- Minimization of tax burden
- Optimizing tax advantages
- Personal income taxes
- Estates and Trusts
- Tax services for high-net-worth individuals
There are many strategies individuals can adopt to help minimize their tax liability while still complying with tax laws and codes. We are well versed in these strategies and help our clients execute them to their maximum advantage.
- Optimizing retirement contributions
- Cost-segregation for accelerated asset depreciation
- Deductions analysis
- Charitable contributions
- Self-employment deductions
- Property tax review and analysis
In Louisiana there are a number of ways to significantly reduce your tax liability, from making sure you’re taking every allowable deduction and credit to making additional contributions to retirement plans and charitable organizations. We also have the expertise and capacity to guide you through all matters related to estate, gift and trust matters, including not only the tax implications involved, but also estate planning and administration as well as succession planning.
We are also experts in Louisiana property taxes. We know how to engage in cost segregation analysis to accelerate the depreciation of your property and thereby pay less in taxes. We will also review your property tax assessments to identify potential errors and inaccuracies that could reduce your tax liability.
Citizens of Texas may be tempted to think that because there is no state income tax and relatively low local taxes, they don’t really have to worry much. You still have to deal with estate taxes (when applicable) and local property taxes. Your local property taxes are based on an appraisal of the property you own, and the appraisal process is not always accurate.
Tax Problem Resolution
A surprising number of people at some point find themselves in the midst of a serious tax problem. When this happens, it can feel overwhelming and humiliating. This is when our deep expertise is needed the most. We have provided guidance and advice to many clients facing a range of tax problems:
- Understanding income tax audit notices
- Figuring out back income tax filing and amounts due
- Navigating tax collection matters
- Negotiating tax payment installment agreements
Why Choose Us?
Whether you are a business faced with complex operations or an individual who just needs help with an annual tax return, each and every one of our clients enjoys the same commitment to high standards of client care:
"“Chad Garland is the most professional CPA that helped me to get my taxes in order ! I would recommend this business to anyone that is looking for a great customer service and professionalism !!”"