TAX STRATEGIES FOR BUSINESS OWNERS
Everyone wants to pay less in taxes — including the wealthy.
The best way to minimize taxes is something anyone can do, no matter their net worth. Tax mitigation strategy starts by documenting all your expenses that can be classified into deductible categories.
However, that’s just the beginning. When you employ the services of a qualified tax mitigation strategist, who keeps up with changes in the tax code and knows how they might apply to you, you can rest easy knowing that you’re not paying more than you’re legally obligated.
Jeff Zufall and the staff at Capital Advisory Group specialize in tax mitigation and complex tax strategies for high-net-worth individuals and business owners. Just be aware that not every strategy works for everyone, and that it's smart to consult a professional to find out which might work best for your situation and desired outcomes.
Strategies we may discuss include the following:
Maximizing Retirement Accounts
Using Cost-Segregation Studies to Accelerate Depreciation on Assets
Advantage of Section 179 Tax Deductions
Supporting Charitable Organizations
Healthcare Expenses and Medical Reimbursement Plans
Minimizing AMT (Alternative Minimum Tax) Liabilities
Roth IRA Conversions
Generation Skipping Tax Exemptions