Every year business owners must report their revenue, expenses, and profits to the Internal Revenue Service (IRS) to pay their fair share of taxes. Many tax preparation services are offered, but having your taxes done incorrectly can cost you severely, especially if there are tax laws to follow. Saaf Financials is made up of tax professionals who can adequately prepare your taxes for tax season. We design your tax returns accurately while guiding you to save you time and money.
We provide you with various tax services, including Individual and Business tax preparation and full-scale tax planning. We understand that proper, consistent planning is the key to successfully reducing your tax liability. We go beyond tax compliance and proactively recommend tax-saving strategies to maximize your after-tax income. Whatever your tax planning and preparation needs, we have the expertise to support you. We work all year to keep current on tax laws to minimize your tax liabilities and maximize your future opportunities.
Here is a good look at our professional tax planning service process. This will provide you with a good idea about how Saaf Financials works on our tax planning:
Initial consultation to assess your tax situation and plan accordingly is essential. This will also be based on the initial assessment that our team did for you in the initial part of the process. This strategy will be developed as we go along through the process.
Transfer access to your tax forms and accounting records such as prior-year tax returns and financial statements, etc., for proper documentation and basis for the tax planning.
Tax Planner will review tax forms and documentation to prepare the tax plan and comply with the tax law. Any excise taxes would be identified here as well.
Tax Planners will review tax plans for any additional tax savings, including local taxes and other tax deductions problems. The identified excise taxes would also be reviewed here and find a solution to prevent those in the future.
The tax advisor and the client will review tax plans together and address any questions until the end of the year and prepare for the next year. Additional tax tips would also be discussed, and other questions raised by the client would be answered accordingly.
We are keen to help, so contact us below and your local branch will be in touch, or find your local branch to learn more about them first.