Tax Planning

Our accountants can discuss tax planning strategies with you to help minimize the tax burden you may face, assist in retirement, estate or education planning, or simply go over recent changes in tax law that may affect you or your business. We recognize that tax planning is a personal task; therefore, we will walk through all major decisions that need to be made so that you feel confident with your tax situation. 

The benefit of early tax planning is that it can help make your financial goals either more 

attainable, or can help you reach them more quickly. To be the most effective, tax planning should be done before the end of the year so that you can enjoy the benefits of the implemented tax strategies in that tax year. Witham Financial Advisors can assist you with tax planning at any time during the year. 

We recommend Tax Saving Strategies that help you…

• Grow and preserve assets.

• Defer income so you can keep your money now and pay less taxes later.

• Reduce taxes on your income so you keep more of what you earn.

• Reduce taxes on your estate so your family keeps more of what you’ve made.

• Reduce taxes on your gifts so you can give more.

• Reduce taxes on your investments so you can grow your wealth faster.

• Reduce taxes on your retirement distributions so you can retire according to your goals.

Tax Preparation

We prepare tax returns for businesses and individuals. This also includes complex  international expatriate tax returns.No one wants to pay more in taxes than necessary or pay penalties that could have been avoided with proper tax return preparation. Therefore, we make every effort to work with you in gathering all necessary information to ensure an accurate return is filed with the IRS and is prepared to minimize the amount of tax you are required to pay. 

Our tax preparation services are more than just entering numbers into a tax form, any 

accountant can do that. The benefit of hiring a CPA is that our services include analyzing your data and stepping back to see how your personal story connects to the numbers reflected in your return. Our job is to interpret that data in the way that makes the most sense and accurately portrays your financial year. This is beneficial to you because there are often different options for reporting certain dollar amounts. While both may be correct, one is often more favorable to you or your business. Without a big picture understanding of the tax form and tax law, a taxpayer could end up with a larger tax liability.