Tax Planning

Tax Planning

A tax strategist does more than just prepare your annual tax return. They work with you throughout the year. Tax planning and strategizing is our JAM at Bree Beers and Associates. Basic tax planning services can help you accomplish the following:

  • Ensure you have paid enough into Federal and State taxes
  • Calculate an estimate of what you’ll owe at year-end
  • Maximize current deductions and credits
  • Minimize your tax liability

Individual Tax Planning

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Business Tax Planning

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Individual Tax Planning Packages

Individual Tax Planning

Who is this for:
  • Non-business owners whose primary source of income is W2 wages.
  • You want to ensure you’ve paid enough into federal and state taxes for 2020 and/or receive a calculated estimate of what you’ll owe at year-end.
  • You also want to ensure you are maximizing your current deductions and credits to their fullest.
What our team will do:
  • The BBA team will review and analyze your 2020 individual planning questionnaire and all submitted income and tax withholding documents.
  • Create a 2020 tax projection.
  • Calculate a safe-harbor tax payment for you to make by year-end to avoid unnecessary penalties and interest (if applicable).
  • Provide you with a personalized strategy report based on your unique tax situation.
  • Create a “what if” scenario projection based on taxpayer’s implementation of best tax strategies.
  • Deliver all of the documentation via our secure client portal.
  • Provide the opportunity for you to schedule a 15-minute call with our team to review the reports.
The Results:
  • You will know your expected tax liability for the year.
  • You will be provided with any tax-savings strategies available to minimize your 2020 federal and state tax liability.
OPTIONAL ADD-ON: 2021 Future-forward Planning

Get the 2021 tax-savings ball rolling with a 1-hour strategy session with our team to discuss options for diversifying your income portfolio in 2021 to expand your 2021 tax savings strategies.

+$277

$377

Individual Elite Tax Planning

Who is this for:
  • Non-business owners whose primary source of income is W2 wages.
  • You want to ensure you’ve paid enough into federal and state taxes for 2020 and/or receive a calculated estimate of what you’ll owe at year-end.
  • You also want to ensure you are maximizing your current deductions and credits to their fullest.
  • You had additional one-time activity in 2020 (i.e. sold a property, cashed out stock, cashed out retirement, etc).
What our team will do:
  • The BBA team will review and analyze your completed 2020 individual planning questionnaire and all submitted income and tax withholding documents.
  • The BBA team will also analyze the additional 2020 activity (i.e. sold a property, cashed out stock, cashed out retirement, etc) and determine its effects on your tax liability for the year.
  • Create a 2020 tax projection.
  • Calculate a safe-harbor tax payment for you to make by year-end to avoid unnecessary penalties and interest (if applicable).
  • Provide a personalized strategy report based on your unique tax situation.
  • Create a “what if” scenario projection based on taxpayer’s implementation of best tax strategies.
  • Deliver all of the documentation via our secure client portal.
  • Provide the opportunity for you to schedule a 15-minute call with our team to review the reports.
The Results:
  • You will know your expected tax liability for the year.
  • You will understand the effects of the one-time activity you experienced in 2020.
  • You will be provided with any tax-savings strategies available to minimize your 2020 federal and state tax liability.
OPTIONAL ADD-ON: 2021 Future-forward Planning

Get the 2021 tax-savings ball rolling with a 1-hour strategy session with our team to discuss options for diversifying your income portfolio in 2021 to expand your 2021 tax savings strategies.+$277

$577

Business Tax Planning Packages

Business Owner Lite Tax Planning

Who is this for:
  • Sole-proprietors, single-member LLCs, independent contractors, and self-employed individuals who report their business activity on Schedule C of their Form 1040 and didn’t experience any extraordinary activity in 2020.
  • You want to see what your projected 2020 taxable business income will be and how it will affect your personal tax return*
  • You want to ensure you’ve paid enough into federal and state taxes for 2020 and/or receive a calculated estimate of what you’ll owe at year-end.
  • You also want to ensure you are maximizing your current deductions and credits to their fullest.
What our team will do:
  • The BBA team will review and analyze your completed 2020 business planning questionnaire and YTD business financial statements.
  • Create a 12.31.20 income projection.
  • Deliver all of the documentation via our secure client portal.
The Results:

$527

*Each business owner plan comes with 1 individual – basic package. Upgrade to Individual – Elite and/or individual packages for additional owners in the business available.

Business Owner Basic Tax Planning

Who is this for:
  • Business owners of S Corporations and Partnerships.
  • You want to see what your projected 2020 taxable business income will be and how it will affect your personal tax return.
  • You want to ensure you’ve paid enough into federal and state taxes for 2020 based on their and/or receive a calculated estimate of what you’ll owe at year-end.
  • You also want to ensure you are maximizing your current deductions and credits to their fullest.
  • You have extra cash that you can invest in tax-savings spending/strategies and are looking for guidance on this front.
What our team will do:
  • Jump on a 15-minute pre-interview Zoom with you to discuss 2020 tax/business goals.
  • The BBA team will review and analyze your completed 2020 business planning questionnaire and YTD.
  • Create a 12.31.20 income projection.
  • Complete reasonable compensation report (For S Corps).
  • Review of guaranteed payments (For Partnerships).
  • Deliver all of the documentation via our secure client portal.
The Results:
  • You will have an estimate of your 2020 taxable business income.
  • You will have a Reasonable Compensation Report to support your shareholder W2 wages (S Corps only).
  • All the benefits of the individual – basic plan.

$627

*Each business owner plan comes with 1 individual – basic package. Upgrade to Individual – Elite and/or individual packages for additional owners in the business available.

Business Owner Elite Tax Planning

Who is this for:
  • Business owners of S Corporations and Partnerships and Schedule C business owners.
  • You want to see what your projected 2020 taxable business income will be and how it will affect your personal tax return.
  • You want to ensure you’ve paid enough into federal and state taxes for 2020 based on your and/or receive a calculated estimate of what you’ll owe at year-end.
  • You also want to ensure you are maximizing your current deductions and credits to their fullest.
  • You have extra cash that you can invest into tax-savings spending/strategies and are looking for guidance on this front.
What our team will do:
  • Jump on a 15-minute pre-interview Zoom with you to discuss 2020 tax/business goals.
  • The BBA team will review and analyze your completed 2020 business planning questionnaire and YTD business financial statements.
  • Create a 12.31.20 income projection.
  • Complete reasonable compensation report (For S Corps) or review guaranteed payments (For Partnerships).
  • Provide a client-specific strategy report based on your business situation and goals.
  • Run multiple “what if” scenario projects based on the implementation of best tax strategies.
  • Deliver all of the documentation via our secure client portal.
  • Answer all your questions during a 30-minute tax strategy debrief Zoom session.
The Results:
  • You will have an estimate of your 2020 taxable business income.
  • You will have a Reasonable Compensation Report to support their shareholder W2 wages (S Corps only).
  • You will be able to make informed decisions on how to best invest your money before year-end to maximize tax savings while making significant jumps toward your business and financial goals.
  • All the benefits of the individual – basic plan.

*Each business owner plan comes with 1 individual – basic package. Upgrade to Individual – Elite and/or individual packages for additional owners in the business available.

Business Owner Executive Tax Planning

Who is this for:
  • C Corporations and/or business owners of or investors in multiple entities and need to see how ALL of their business activity affects their 2020 tax picture.
  • You want to see what your projected 2020 taxable business income will be and how it will affect your personal tax return.
  • You want to ensure you’ve paid enough into federal and state taxes for 2020 based on your and/or receive a calculated estimate of what you’ll owe at year-end.
  • You also want to ensure you are maximizing your current deductions and credits to their fullest.
  • You may have extra cash that you can invest into tax-savings spending/strategies and are looking for guidance on this front.
What our team will do:
  • Jump on a 15-minute pre-interview Zoom with you to discuss 2020 tax/business goals.
  • The BBA team will review and analyze your completed 2020 business planning questionnaire and YTD business financial statements.
  • Create a 12.31.20 income projection.
  • Complete reasonable compensation report (For S Corps) or review guaranteed payments (For Partnerships).
  • Provide a personalized strategy report based on your business situation and goals.
  • Run multiple “what if” scenario projects based on the implementation of best tax strategies.
  • Deliver all of the documentation via our secure client portal.
  • 30-minute tax strategy debrief Zoom to review reports.
The Results:
  • You will have an estimate of your 2020 taxable business income.
  • You will have a Reasonable Compensation Report to support their shareholder W2 wages (S Corps only).
  • You will be able to make informed decisions on how to best invest your money before year-end to maximize tax savings while making significant jumps toward your business and financial goals
  • All the benefits of the individual – basic plan.

*Each business owner plan comes with 1 individual – basic package. Upgrade to Individual – Elite and/or individual packages for additional owners in the business available.

Not sure which package you need?

Book a free Tax Discovery Consultation with our team.