Tax Planning Strategy Preparation
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Expect different results, 

 with a very different CPA firmSM.

"It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change."

- L. C. Megginson

 

The Holden Moss tax planning process provides a proven process to identify tax planning ideas and leverage research and best practices to efficiently save taxes.  Sophisticated and proprietary tax software performs a Tax Diagnostic on your tax return to determine which strategies might apply to save taxes.  Our Tax Diagnostic can be used to analyze the effect of new law changes - which are comming more frequently - and even the effect of court cases.  The tax diagnostic can keep you fully aware of planning ideas and strategy - proactive tax planning on a monthly or quarterly basis. Know the effect of what is happening before hearing the bad news resulting from an un-planned tax return.

Tax plannning involves more than mere preparation services once a year.  Tax planning is an ongoing process requiring excellent and frequent communication.  The more we know what is going on, the better we are at planning and structuring transactions to best tax advantage.


Our planning ideas are myriad, some of which include:

  • utilization of 401(k) or IRA funds to start a new business
  • implementation of retirement plans to defer income into the future
  • multi-year tax projections 
  • alternative minimum tax planning
  • determine timing of transactions for savings 
  • capital gains tax planning - did you know there is a 0% rate on some capital gains
  • itemized deductions bunching
  • savings on Social Security taxes can result from the proper choice of entity for your buiness
  • use of multiple entites to reduce state taxes and reduce legal risk
  • proper identification of tax credits and grants and benefits available to businesses located in Tier I counties
  • planning for property tax exemptions 
  • planning for family members on the payroll
  • use of S corporations to pass through income and losses with only one level of tax
  • use of C corporations for employee benefits and to grow profitable businesses paying down on borrowings at lower tax costs
  • use of partnerships and LLCs to reduce taxes on inheritances or sales in the future
  • use of partnerships and LLCs for start-up businesses to pass through losses in early years
  • cost segregation studies to identify and write off portions of buildings that may be written off quickly
  • special real estate structures to obtain lower capital gains on real estate transactions
  • home office deductions
  • special deductions for purchase of equipment

 

Get different results.  Do something different, with a very different CPA firm.SM

Holden Moss Knott Clark & Copley, P.A.

Certified Public Accountants and Consultants

Since 1965


Wake Forest, NC | 919.556.6216 | Steve Moss, CPA, partner | Michael Feldbusch, CPA, CFP | Jennifer Coleman, CPA

Raleigh, NC | 919.846.9399 | Crawford Knott, CPA, partner | Michael Feldbusch, CPA, CFP

Henderson, NC | 252.654.0227 | Steve Moss, CPA, partner | Chuck Odom, CPA | Jean Odom, CPA

Oxford, NC | 919.693.5960 | Crawford Knott, CPA, partner | Allen Eggleston, CPA

Warrenton, NC | 252.654.0227 | Steve Moss, CPA, partner | Chuck Odom, CPA

Eden, NC | 336.627.5111 | Chuck Clark, CPA, partner


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