Individuals
For people whose income or life changed this year and who want to know where they stand.
Individual tax services
TAX PLANNING & PROJECTIONS
Know what you'll owe before the year ends
Based in Philadelphia, Pennsylvania. Serving clients nationwide.
Tax planning and projections give you an estimate of your taxes while there's still time to make decisions. Shawn helps individuals, business owners and CRNAs plan ahead instead of finding out at filing time.
TAX PROJECTIONS
What a tax projection does
A tax projection estimates your taxes for the year based on what you've earned so far and what you expect for the rest of the year. You can use it to:
- Decide whether you need estimated payments, and about how much
- Avoid a surprise bill at filing time
- See the tax effect of a decision before you make it
WHEN TO PLAN
When tax planning pays off
- Your income went up or changed sources this year
- You started 1099, contract or locums work
- You started a business or are thinking about changing its structure
- You earn income in more than one state
- You plan to sell investments or property
- You received a large bonus or changed jobs
- You're in your first year working as a CRNA, or you switched from W-2 to 1099
WHO IT'S FOR
Planning for individuals, owners and CRNAs
Business owners
For owners who want to see how the business year will affect their personal taxes.
Business and partnership tax servicesCRNAs
For CRNAs with contract income, more than one state or a big jump in pay.
CPA services for CRNAsPlan with the same CPA who files your return
When Shawn plans your year and prepares your return, the plan carries straight into the filing.
COMMON QUESTIONS
Questions about tax planning
When should I start tax planning?
The earlier in the year, the more options you have. Planning is most useful before the year ends, while there's still time to act.
How is a projection different from a tax return?
A return reports a year that's already over. A projection estimates the year you're in, so you can plan for it.
Do I need to be a tax preparation client to get planning?
No. Planning and projections are available on their own, or alongside tax preparation.
How much does tax planning cost?
It depends on your situation and the work involved. Shawn will go over the fee during your free consultation.