Tax and Management Advisory – Southgate Financial Services

Tax Preparation and Planning

Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the U.S. Government’s General Accounting Office, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.

Today’s tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional.

What we provide:

Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
Your tax return can be filed electronically so you will get a refund back quicker.
Show you how to adjust your payroll withholding to get more money back each week.
Show you potential deductions to limit your tax liability for next year.

All tax strategies are incorporated into sound business decisions derived through an overall comprehensive analysis of the particular situation. Use of state of the art technology and tax related software allow us to provide these services in an efficient manner.

Planning is the key to successfully and legally reducing your tax liability. I go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.

Businesses and individuals pay the lowest amount of taxes allowable by law because I continually look for ways to minimize your taxes throughout the year, not just at the end of the year.

We recommend Tax Saving Strategies that help you:

Grow and preserve assets.
Defer income so you can keep your money now and pay less taxes later.
Reduce taxes on your income so you keep more of what you make.
Reduce taxes on your gifts so you can give more.
Reduce taxes on your investments so you can grow your wealth faster.