What Is Tax Planning

Discover How You Can Stop Losing Tens of Thousands In Taxes Legally & Ethically Even If You Have a CPA

In 2010, I began developing tax strategies for the one owner and married couple-owned business and over the years have spent over $100,000+ learning Tax Planning from Top Tax Planning Experts in the country. Today I have more than 750+ Businesses with sales as low as $500k to as much as $52M who have benefited from the tax-saving advice in my programs.

Tax Planning is the processing of going through about 60,000 pages of Tax Code and finding each and every strategy applicable to your Business allowed by Law.  In other words, a process of aligning your Business with the Tax Code in the most efficient way to help you as the Business owner achieve the goals and objectives for your Business.

In 2010, I began developing tax strategies for the one owner and married couple-owned business and over the years have spent over $100,000+ learning Tax Planning from Top Tax Planning Experts in the country. Today I have more than 750+ Businesses with sales as low as $500k to as much as $52M who have benefited from the tax-saving advice in my programs.

The one question I often get asked is “Why do I need your Tax Planning, Anshul? My accountant will know all these things, right?

No, and here’s why: Most business owners hire a tax preparer. But there’s a MAJOR difference between a tax preparer and a TAX PLANNER. A tax preparer tells you how much you “OWE” versus a Tax Planner that can tell you how much you can “SAVE”.

In other words, a tax preparer will tell you how much taxes you need to pay and stay compliant while a Tax Planner is a strategist that finds all the legally available tax strategies to help you lower your tax bill.

Plus, your accountant is busy 50 to 60 hours a week (more during tax season) preparing client tax returns, doing audits, helping clients negotiate loans, and a zillion other things. The only tax education most practicing CPAs get is the occasional tax seminar they attend, maybe one or two during the year.

By comparison, we are mainly a tax planning firm. I spend 100 to 130 hours a month researching, studying, and writing about IRS regulations and changes in the tax code. So I have the luxury of keeping current with all the myriad opportunities there are for you to slash your tax payments and save money.

The above are just basic tax planning strategies.  I go over some of the advanced strategies in my E-book “TOP 100 POWERFUL TAX PLANNING STRATEGIES FOR BUSINESS OWNERS!”  If you want, I’ll be happy to provide a copy of it during your Free Tax Assessment.

© 2021 For information, contact Shah & Associates CPAs PA