Serving Evans, Augusta, the Greater CSRA
and beyond virtually
Tax Advising & Strategy
Some firms wait until year-end to do any tax planning for their clients. This once a year approach doesn't provide much time for clients to take action in an effort to reduce their tax liability.
Lighthouse believes in a more proactive approach and believes a successful plan is one that is performed & adjusted throughout the year. We give our clients a couple of options when it comes to tax liability reduction strategies. These strategies take into consideration current tax laws and policies. We do not try to beat the system but work with the system to provide our clients with results.
Here are two options we provide depending on the level of service:
Basic Tax Planning:
This includes adjusting the prior year's tax return information for changes in earnings, life changes, sales or purchases of property, etc. to provide an estimate of the potential year-end tax liability. This information provides clients with an opportunity to adjust withholdings, make estimated tax payments or to pursue other opportunities to reduce the amount due at year-end.
Advanced Tax Strategy:
This digs even deeper at additional steps a tax payer could take to reduce tax obligations. Lighthouse uses a combination of strategies and software to produce a deliverable for our clients to use to make more informed decisions regarding possible action to take to reduce tax liabilities at year-end. This more proactive approach starts right after your tax return is completed.
