Tax Planning & Preparation Experts in Phoenix, Arizona
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The best time to save money on your taxes is before they are due. This requires tax planning and preparation from experts in the field. Singer Tax & Accounting, PC provides proactive tax planning to assist in minimizing your tax liability. Whether it is planning for you as an individual, a small-business owner, or a corporation, we will develop tax strategies that take advantage of new tax laws and legislation.
- Effective estate and trust tax planning to facilitate the orderly transfer of assets to your beneficiaries and help you secure their future
- Helps provide security for your surviving spouse
- Provide for gifts to charitable organizations to help minimize tax liability
- Can reduce or eliminate the tax due on the transfer of your business and other assets
- Develop tax strategies that take advantage of new tax laws and legislation to ensure accuracy
- Provide ‘Year-end’ planning to assist in minimizing tax liability
- Help increase income and reduce your tax liability and exposure
Client Testimonials
I did not know how complex this could be. Harvey, you made us feel more at ease after going over all of the options. Thanks for all the help and guidance.
Harvey and David, my wife was right, we should have used SINGER TAX from the beginning. Thanks for making the transition so easy. The forms were easy to complete and your professionalism was appreciated. Yes, the refund was great too.
Important Tax Planning Information for Arizona Residents
Introduction
Paying Estimated Taxes
No need to send off those estimated tax payments via postage any longer – now you can make payments online from the State revenue departments and the U.S. Department of the Treasury website.
Paying estimated taxes on time and before their due dates is a great method to (a) budget your annual income and (b) ensure that you don’t pay extra in the form of late fees.
Essential Tax Planning Tips
Tax experts highly recommend adjusting your withholding amount to closer match your actual taxes due. This will help for better planning and fewer surprises in the long-run.
It’s a good idea to keep your previous year’s tax returns easily accessible, especially if you anticipate applying for student loans or a large loan, such as a mortgage.
Let’s face it, tax law is complicated and filling out the correct forms can be challenging. If you’re unsure about how to conduct efficient tax planning, contact a CPA or experienced accountant today.
When calculating one’s deductions, you can either itemize them or go with the standard deduction. You may find that by itemizing your deductions, you wind up with a lower tax liability.
When calculating one’s deductions, you can either itemize them or go with the standard deduction. You may find that by itemizing your deductions, you wind up with a lower tax liability.
Some tax laws have been in place for decades, while other tax codes are being changed regularly to better suit its intention. If dealing with a significant tax liability, contact a tax professional today to learn about any new tax codes or changes that you can take advantage of.
Gift Planning
At Singer Tax & Accounting, PC, our Phoenix personal tax team can help you identify the assets that are the best strategic choices for gift planning purposes. If you are having difficulty deciding on a worthy cause, we can work with you to define your goals to help choose the best charity, foundation, or educational institution to donate to.
Our accountants have a great deal of knowledge when it comes to preparing monetary gift taxes and will suggest the best approach toward achieving multiple types of monetary gifts. Please continue reading to learn more.
While there are numerous benefits to properly planning out a large gift of monetary value, the most important factor is that you don’t have to increase your costs any more than you have to.
Estate Planning
Many individuals do not have an estate plan prepared prior to their deaths – due to costs, lack of assets, feeling their too young, or that the whole process is confusing; however, not having a plan of action simply makes live more difficult for the loved ones left behind to deal with matters of the deceased estate.
When it comes to properly preparing an estate plan, one must take numerous aspects into consideration – a will (living wills too), estate taxes, dependents, costs associated with dying, power of attorney, and beneficiaries to name just a few.
Singer Tax & Accounting, PC Phoenix, Arizona Office Location
21035 North Cave Creek Road #1, Phoenix, AZ 85024 | Driving Directions
Singer Tax & Accounting, PC
Suite C-1
Phoenix, Arizona 85024
(602) 482-8006