During our conversations over the years, we identified the following areas that we would help his clients:
• What can we do to help his clients with a better business structure to take advantage of tax savings?• How can we maximize his clients tax planning opportunities and benefits?• What can we do to make sure your clients are compliant and up to date with new tax laws and regulations including foreign reporting requirements.
Over the years of our successful relationship, we’ve combined our tax knowledge and experience to offer the following solutions and services:
• Restructuring business - converting SMLLC to an S Corporation or other pass through entity structures to maximize tax deductions on the federal and state levels. We also maximized tax savings through retirement planning and reduced self-employment taxes.• We helped with their year end planning and calculating owners’ salaries and SEP/401K contributions. Additionally, the newly enacted California tax law gave us the opportunities to assist his client with substantial saving on their federal tax liabilities.• We assisted Randy on the buyout of some of his client’s intellectual property and the tax ramifications and opportunities that provided.• Updating Randy on new laws and regulations that were enacted during the past two Presidential administrations and throughout Covid.
We talk with Randy on a weekly basis to help him with any possible tax and accounting questions. We play the role of a back office for Randy in making sure he is delivering to his clients the most up to date, proactive advice and planning in this ever changing world. Randy relies on us to handle all things taxes as they relate to his client base. It has been a rewarding and successful relationship helping Randy and his entrepreneurial clients with their business ventures.
