Tax Planning
Insightful Tax Planning Services
Insightful Tax Planning Services
Prevent Little Mistakes from Becoming Costly Problems
The Insightful Tax Planning Difference
The Insightful Tax Planning Difference
Timing is Everything
Understanding all deadlines s important in timing certain transactions. By working with a skilled planner, you can maximize deductions and minimize tax liability by planning before acting.
Why Pay Extra?
All too often small businesses leave money on the table by paying taxes they could avoid with a little planning. An investment of a few hundred in planning can save thousands in taxes paid.
Retain More Profits
Successful tax planning and strategies will allow your business to retain more of its profits for investment in business growth.
Complex Rules
With so many rules to the game, it’s no wonder how many businesses can be overwhelmed. Let is help you come up with a strategy so there aren’t any surprises when your tax returns are prepared.
Tax Planning for Oklahoma Businesses
Insightful Tax and Advisory Services offers tax planning services to help Oklahoma businesses keep more of what they earn.
I've had the pleasure of meeting and working around many business owners in my career, and one thing they all seem to have in common is this: Nobody likes paying unnecessary income taxes.
I have yet to meet a single person who would offer to pay a higher tax liability than calculated. By utilizing a solid tax strategy for your business, you can often save thousands in income taxes by making some minor adjustments to the business. The larger the business and associated tax liability, the larger the potential savings (or waste).
Minor adjustments can mean major tax savings.
These adjustments could include the timing of significant transactions, decision to purchase vs. lease, type of business entity you operate as, benefits and compensation of Owners and key employees, or even how key contracts are structured.
While the tax code is unnecessarily complex, within it are plenty of ways to take advantage of legal tax savings. Most require solid planning and execution, we are here to help you with both.
Hope is not a tax strategy. We have better ones.
There is a saying that has been attributed to a few different people, “He who fails to plan is planning to fail”.
When it comes to having a plan for income taxes, far too many businesses and individuals are flying blind from one year to the next, hoping they will have enough money to pay what they will owe.
Hope is simply not a good plan in business or when it comes to taxes. Knowledge is power.
An Insightful tax plan leaves nothing owed and no refund.
Insightful works with Clients to have some moving targets throughout the year, gauging the upcoming tax liability.
We meet with many of our business clients quarterly, to see how the year is trending out and to help in creating expectations of tax liability.
Whenever possible, we will encourage and facilitate an estimated tax schedule to keep you from trying to come up with a year’s worth of taxes all at once. Most of us wouldn’t be able to pay a year’s worth of rent or our mortgage all at once, we shouldn’t expect any different of our income taxes.
Insightful Tax Planning Can Make the Difference
If you are looking to improve your current tax plan, or have no tax plan at all, we would like to visit with you today. Don’t wait until tax time, you could be leaving money on the table.
Give us a call at 405.400.1230 to schedule a free consultation.