Tax Planning

Tax Planning

Whether it’s starting a business, investment opportunities, considering options for a child’s college tuition costs, or estate planning, every financial decision has tax advantages and disadvantages. As your accounting firm, Frigate Financial, will develop a comprehensive tax strategy specific to your business or individual short term and long term financial goals.

Tax planning can include but is not limited to; setting up retirement accounts, the timing of sales, the timing of purchases, tax deferrals, investment opportunities and strategies, reviewing the type of entity selected for a new business, utilizing trusts, and personal financial planning.

IRS manual sec 25.1.1.2.4 states, “Avoidance of tax is not a criminal defense. All taxpayers have the right to reduce, avoid or minimize their taxes by legitimate means.”

Through comprehensive knowledge of current tax laws, tax code, and the ever changing tax regulations, let us develop a strategic plan, tailored to your unique situation, ensuring the minimization of your legal tax obligation.