Tax Planning

Would You Like to Shrink Your Yearly Tax Burden?
Our Proprietary Plan Will Minimize Your IRS Liability.

Our tax professionals focus on mastering the nuances of tax law, complex tax codes and staying up-to-date on changes that will affect your tax returns throughout the year.

We do this because we know that planning is the key to valuable tax savings and we want to help you plan for greater income by implementing tax savings strategies throughout the year that will benefit you all year long.

Our clients pay the least amount of taxes allowable by law because we help them look for ways to minimize their tax burden.

Let us help you with your tax planning, too!

Did you know, for instance, that you can…

  • Move your income into lower tax brackets by splitting income among family members or legal entities.
  • Shift income and/or expenses to different years in order to best take advantage of lower rates.
  • Defer tax liability through some types of investment options.
  • Avoid tax liability through some types of investment options, both on the federal and state level.
  • Increase your tax deductions by purchasing things that you enjoy.

These, and other Tax Saving Strategies will help you:

  • Benefit from the growth and savings of your own assets by keeping them out of the government’s hands.
  • Reduce taxes on investments so that you can grow your money quicker.
  • Keep more of what you make by reducing your taxed income.
  • Defer income in order to keep your money now and pay your taxes later.
  • Understand estate taxes and planning so that your family gets to keep more of what you make.
  • Give money while reducing taxes to maximize your giving potential.
  • Plan for retirement in ways that best benefit you rather than the IRS.

When you become our client, you are paying for a tax planning service that will pay you back. Most of our clients experience tax burden relief, as well as time saved and peace of mind. Our fees are often paid back through the reduced tax liability you will enjoy as part of our planning and legitimate tax savings strategies.

Right to Finality — IRS & NYS Tax Collection Limits Explained

🧾 The Right to Finality — How Long Can the IRS or NYS Chase You for Taxes? Dealing with unpaid taxes can feel like a never-ending battle. Letters keep coming. Interest grows. Eventually, you start to wonder if the IRS or New York State will ever stop. Fortunately, the...

The Right to Appeal Tax Decisions — IRS & NYS Appeal Success Story

🧾 The Right to Appeal Tax Decisions — IRS & NYS Appeal Success Story Receiving a tax audit notice is stressful enough. However, when the government issues a decision you don’t agree with — especially one that costs you thousands — the fear can quickly become...

Know Your Taxpayer Rights: The Right to Be Informed

Know Your Taxpayer Rights: The Right to Be Informed When most people get an IRS notice in the mail, the first reaction is panic — and I get it. Consequently, when I see notices that come to my office even if on behalf a client, I also get jumpy.  The envelope alone...

The Right to Challenge the IRS — You Can Be Heard

When the IRS makes a mistake, you don’t have to accept it. Under the Taxpayer Bill of Rights, you have the right to challenge IRS actions you believe are wrong — and to be heard. See how one retired taxpayer turned a $20,375 bill into $400 by exercising her rights.

IRS Audit Story: How I Reduced My Bill from $3,657 to $315 | W. Scully, CPA

  My First IRS Audit — And Why Tax Problems Don’t Have to Ruin Your Life When people hear I’m a CPA who helps taxpayers solve serious IRS problems, they often assume I’ve always had it together — that I’ve never faced tax trouble myself. The truth is, my very...

Unclaimed IRS Refunds: File Now or Lose It Forever | W. Scully, CPA

> Don’t Throw Away Free Money — Billions in IRS Refunds Go Unclaimed Every Year Do you love paying taxes? Of course not. Nobody does. Nonetheless, here’s what’s even worse: thousands of Americans throw away refunds that are rightfully theirs — simply because they...

Tax Benefits: Investing in Low-Income Housing in Jamaica, Queens

Tax Benefits: Investing in Low-Income Housing in Jamaica, Queens Are you seeking investment opportunities that combine financial gains with social impact? Look no further than investing in low-income housing in Jamaica, Queens! This comprehensive guide will explore...

Navigating Like-Kind Exchanges & Taxes in Jamaica, Queens

Navigating Like-Kind Exchanges & Taxes in Jamaica, Queens Are you an investor seeking savvy financial solutions while minimizing tax liabilities? Look no further! Exploring like-kind exchanges can unlock significant returns. Moreover, this comprehensive guide will...

Taxes and Self-Directed IRAs for Jamaica NY Real Estate Investors

Taxes and Self-Directed IRAs for Jamaica NY Real Estate Investors Real estate investment in Jamaica, NY, offers promising prospects, especially when paired with self-directed Individual Retirement Accounts (IRAs). These specialized retirement accounts grant investors...

Unlocking Tax Benefits: The Real Estate Professional Designation

Unlock Tax Benefits: Real Estate Professional Designation Explained Unlocking Tax Benefits: The Real Estate Professional Designation - Are you a real estate professional or investor looking to unlock tax benefits and achieve long-term financial goals? Moreover, the...

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!