Tax planning can benefit any person that wants to increase their income by minimizing their tax liability. And for many small business owners there is direct connection between business and personal tax matters. Also, corporate activities often have a deep and meaningful impact on a business owner’s individual tax situation. But without proactive individual tax planning, a business owner may end up paying much more in personal taxes than necessary. To prevent this from happening, it is essential to work with an accounting firm that has the expertise and resources to successfully manage both sides of the tax equation.
Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.
Nissen and Associates is dedicated to helping business owners in Bellingham and throughout Washington state manage their taxes. We offer both business tax planning and individual tax planning services. And through our proactive approach, we can deploy strategies that minimize tax liabilities and put you in the best tax position possible.
Our Individual Tax Planning Services Include:
- Income Tax Planning & Compliance
- Preparation of Federal & State Returns
- IRS & State Audit Representation
We can:
- Help you understand your tax bracket
- Explain the different between tax deductions and tax credits
- Determine if you should take the standard deduction versus itemizing
- Alert you to popular tax deductions and credits
- Show you what tax records to keep
- Explain tax strategies to shelter income or cut your tax bill.
Contact Us
If you are looking for an accounting firm that understands the delicate relationship between business and individual taxes – you’ve found us. For more information about our individual tax planning services, please contact us at (360) 778-2901. We also offer an initial tax consultation for new clients between the months of May – January.
