Tax Planning for Individuals
Proactive tax planning is critical to limiting taxes and preserving assets for high net worth individuals. Tax planning is most effective when you work with an experienced professional who not only explains the options available to you, but one who takes the time to understand your short and long-term goals. At Tim Wolfe CPA, we have many years of experience creating personal tax solutions for high net worth individuals, entrepreneurs, and business owners. We’ll work with you to define a personalized plan designed to minimize your overall tax burden and avoid surprises at tax time.
When you become our client, we not only offer advice before you make financial decisions, but provide ongoing support to help you stay compliant with tax laws as they change. Our plan will also consider a variety options for minimizing estate taxes like deciding what assets to distribute and to whom, whether to liquidate assets, what kinds of investments to consider, and more.
Our firm is made up of qualified, experienced CPAs and financial professionals who focus on developing creative ideas for high net worth tax planning. To learn more about how we can save you money on taxes, contact us today at 847-818-0400 to get started or request a send us a message online now.
High net worth tax services:
- Evaluation of the past three returns to identify overpayments (and file for refunds) and future tax reduction strategies
- Income tax planning and compliance
- Quarterly estimated tax planning to avoid penalties
- Tax-efficient investment planning
- Stock option planning for executives
- Trust and estate planning
- Preparation of income tax returns