Broker Check

Our Philosophy for Business and Personal Tax Minimization Strategies

Tax costs are the single largest expense impacting your wealth growth. We assist you in managing your income streams, investment strategies, and business growth or transition strategies in ways that help reduce the current and future tax impacts on the growth of your wealth. For Entrepreneurs with higher income and higher net worth, minimizing tax liability on a year by year basis is one of the most important aspects to increasing wealth. However, it can be a confusing process. Tax deductions and tax credits are often overlooked when filing taxes each year, and miscalculations or misinterpretations of tax guidelines can end up costing taxpayers more than their fair share.

Tax planning is the analysis of your personal and business finances from a tax perspective, with the purpose of trying to ensure a maximum income to tax efficiency ratio. Considerations of tax planning include timing of income, size and timing of purchases/sales, and planning for expenditures. Tax planning strategies include investing for short, mid, and long term goals utilizing tax deferred, or even better, tax advantaged strategies.

Although it’s not exhaustive, the following list of common and uncommon tax planning strategies can help some entrepreneurs minimize their current and long-term tax obligations. Not all strategies apply to all taxpayers, some strategies require a minimum net worth/income to participate, and some strategies may entail more risk than some taxpayers wish to incur.

  1. Maximize Deductions; Home Office, Travel Expenses, Meal Categories, Hiring Children & Grandparents, Maximize Depreciation, Health Care Strategies, Fringe Benefits, Accountable Plans, Medical Reimbursement Plan, Home Administrative Office
  2. Legal Entity Optimization; Schedule C To S-Corp, S-Corp To C-Corp, Late S Elections
  3. Retirement Planning; Profit-sharing, Retirement Plan, Traditional 401(k), Roth 401(k), Cash Balance Plan, Self-Directed Retirement Plans, Defined Benefit Plans, 412(e)(3) Plan
  4. Insurance Captive; Insurance
  5. Legal Loopholes; Augusta Loophole, QEAAP
  6. Niche Strategies; 1031 Exchange, Cost Segregation, Passive Real Estate Losses, FICA Tip Credit, Research & Development Tax Credit, Self Employed Health Insurance Premium Credit, Work Opportunity Tax Credit
  7. Advanced Strategies; Deferred Compensation, Tax Loss Harvesting (Investments), Real Estate with Potential Tax Advantages, Cooperatives, Family Office Management Company, Revenue Stream Bifurcation, Charitable LLCs, Freeze Transactions With GRATs And IDGTs
  8. Exits & Capital Gains; Installment Sales, Deferred Gains – DST, QSBS Election, ESOP / ESOT ESOPs
  9. Gift & Estate Planning; Charitable Remainder Trusts, Family Trusts
  10. Tax Cuts & Jobs Act; 199A, C-Corp Tax Rate, Opportunity Zone Credit, Favorable Depreciation Rules, Non-Grantor Trusts And Section 199A, Non-Grantor Trusts And Section 1202, C Corps And The “GILTI” Tax, C Corps And FDII
  11. Asset Protection; Family Limited Liability Company (“FLLC”), Exempt Asset Planning With ERISA Plans, Exempt Asset Planning With Private Placement Life Insurance (“PPLI”), Exempt Asset Planning With Private Placement Variable Annuities (“PPVA”), Offshore Asset Protection Trust (“OAPT”)
  12. International, Puerto Rico Act 20&22, U.S. Virgin Islands EDC Program
  13. Other Strategies; Cost Remediation

We’d be pleased to consult with your tax and accounting professionals regarding any of the previously listed tax strategies. Contact us for your complimentary consultation to make the most of your tax reduction strategies.


We cannot give tax advice and we’re not Certified Public Accountants’. Before implementing any of these strategies you should seek counsel from your CPA. You may also need counsel from an attorney for plan and document preparation, and a financial advisor for asset management solutions.

Information is provided for general and informational purposes only and should not be considered a recommendation or investment advice. A recommendation can only be made after the evaluation of an individual's investment profile.

Have a Question?

Thank you!
Oops!