Tax planning is, in a nutshell, proactively putting systems in place for your business throughout the year that allow you to pay the least tax possible. At Asset Alchemy, we create tailored and workable plans of action to optimize your operations for tax efficiency. We walk our clients through a three part plan, designed specifically with you, your business, and your goals in mind.
Analysis
We analyze your current tax situation and business structure, along with bringing current tax filing up to date. We look at revenue, profits, current operations systems (bookkeeping, payroll, daily operations, etc.). We also get to know you and your goals, where you see your business going and the challenges and opportunities you currently face.
Creation
Over a series of one-on-one sessions, we will analyze your current tax position. Beginning with identifying how what you may consider liabilities, could be alchemized into assets. We will pin-point strategies that will maximize profits and create a sound foundation for growth within your business. After thorough review of the 2,000+ pages located within the internal revenue code, our team in well-versed in the best ways to lower your tax liability.
Implementation
Once all sessions are completed, you will be given a dated timeline with deliverables to execute throughout the year. As a small business owner, we understand the need for concise instructions that will not be burdensome as you move forward. The plan will cover contingencies based on your revenue forecasts, to make certain that changes will be accounted for. Following the plan will ensure next tax season is a breeze.
New Business Guidance
At Asset Alchemy Tax we believe that we are responsible for creating the world we crave. We seek to empower others who want to be empowered. We offer free guidance to new businesses who need direction on where to start with their business. From providing links to workshops, to providing information on where to register an LLC, we want to help you.
New Business
Set-Up
After some guidance, if you find you need help with filing the proper documentation for your dream business, we are here to help. We understand that navigating business permits, articles of incorporation, CDTFA set up and everything else, can be daunting. With the wave of a wand and a helping hand, we'll get you set up to begin doing business and manifesting your dreams!