Tax Planning

Tax Planning Strategy Finances Accountants CPAs

Tax Planning

Huddleston Tax CPAs provides tax planning services for our clients who are interested in taking steps in the present to maximize their financial position in the future. Simply put, “tax planning” is the strategic approach to ensuring that your finances are not just adequate but are well ahead of the curve. Tax planning attracts those who understand that a bright future requires substantial activity in the present moment.

Strong tax planning takes into consideration a number of different factors. The following factors will usually show up in most tax planning strategies:

  • Exemptions
  • Rebates
  • Deductions
  • Allowances
  • Concessions
  • Local tax laws & individual circumstances

Tax planning involves developing strategies which take full advantage of each tax saving opportunity. You will have a variety of tax saving opportunities available to you; tax planning is about knowing how to fully utilize these opportunities and ensure that they contribute maximally to your future financial condition.

Tax planning is about forward thinking. It is about aligning your current business practices with methods to ensure maximal tax savings.

Common opportunities which you can take advantage of

Tax Deductions:

  • Claiming tax deductible business travel expenses
  • Claiming tax deductible charitable donations and business promotion activities

Tax Credits:

  • Child and dependent care credit
  • Hybrid car credit

So how do you come up with a complete strategy to maximize your future financial situation via tax savings? The truth is that there is a lot of information to absorb and consider. Contact us, and let’s start the conversation. Give us a call at 425-483-6600 today!

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Huddleston Tax CPAs of Seattle & Bellevue
Certified Public Accountants Focused on Small Business

(800) 376-1785
40 Lake Bellevue Suite 100, Bellevue, WA 98005

Huddleston Tax CPAs & accountants provide tax preparation, tax planning, business coaching, Quickbooks consulting, bookkeeping, payroll and business valuation services for small business. We serve Seattle, Bellevue, Redmond, Tacoma, Everett, Kent, Kirkland, Bothell, Lynnwood, Mill Creek, Shoreline, Kenmore, Lake Forest Park, Mountlake Terrace, Renton, Tukwila, Federal Way, Burien, Mercer Island, West Seattle, Auburn, Snohomish, Mukilteo, Seatac, Des Moines, Woodinville, Edmonds, Sammamish and Issaquah. We have a few meeting locations. Call to meet John Huddleston, J.D., LL.M., CPA, Lance Hulbert, CPA, Grace Lee-Choi, CPA, Jennifer Zhou, CPA, or Jessica Chisholm, CPA. Member WSCPA.