Income splitting
Splitting income among several family members or legal entities in order to get more of the income taxed in a lower bracket.
We go beyond compliance to actively reduce what you owe — through income shifting, deferral, deductions, and timing — so you pay the lowest amount of tax the law allows.
We go beyond tax compliance and proactively recommend tax-saving strategies to maximize your after-tax income. We prioritize our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars. Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.
Each one stands on its own — combined, they compound. Most clients save many times our fee in reduced tax liability.
Splitting income among several family members or legal entities in order to get more of the income taxed in a lower bracket.
Shifting income or expenses from one year to another in order to have them fall where it will be taxed at a lower rate.
Deferring tax liabilities through certain investment choices such as pension plans, contributions and other similar plans. Using certain investments to produce income that is tax exempt from either federal or state or both taxing entities.
Finding tax deductions by structuring your money to pay for things you enjoy, such as a vacation home.
Remember, we work for you — not for the IRS.
Our clients save many times our fee in reduced tax liability through careful planning and legitimate tax strategies.
Same team, same standard — wherever you are in Hernando, Pasco, or Citrus county.
Preparation files last year's return; planning is proactive — strategies applied throughout the year to legally reduce what you owe.
Through the timing of income and deductions, entity choices, retirement contributions, and credits — applied before year-end while there's still time to act.
Year-round, with a key review before year-end. Waiting until filing season means most opportunities have already passed.
Yes. We plan for business owners and individuals, and coordinate the two since they're often connected.
Drop your details and a member of our team will reach back within one business day. The earlier we start planning, the more we can save.
Suncoast CPA Group
We respond same business day. Year-round planning beats year-end scrambling.