Attention Business Owners: Are You Paying Too Much in Taxes?

Nobody enjoys paying taxes—and as a business owner, your goal is always to have the strongest possible bottom line.  However, in our years spent working with business owners, we have found that many businesses are unintentionally paying more money in taxes each year than they should be.  Are you?

Take a look at last year’s numbers… what was the tax rate that you paid? If your net effective rate was higher than 20%, you paid too much in taxes! In other words, you voluntarily paid the IRS more than you were required to.

How is this possible?

Unfortunately, the tax code has gotten so complicated that, without specialized knowledge, it is virtually impossible for any individual to take advantage of all possible deductions and other strategies.  Large companies and corporations have entire departments to handle tax matters—but for many smaller businesses, that luxury doesn’t exist.  In fact, many business owners are so busy running their company on a daily basis that they barely have time to complete their tax return at all… let alone devote hours and hours to saving as much money as possible.

As if the tax code wasn’t already complicated enough, the current administration and Congress are looking at more changes.  And while some of these changes are theoretically going to help out business owners, the fact remains that it takes specialized knowledge of the tax code in able to take advantage.

At Strategic Wealth, we want to help you pay the smallest possible amount of taxes each year.  We have been able to save many of our clients up to 40% on their taxes each year—how could you use that money?

And while you have probably heard many firms offer to save you money in taxes, Strategic Wealth is different for one primary reason: we don’t only concentrate on your taxes, we take your overall financial picture into consideration. As a result, we don’t simply shift your tax burden elsewhere in order to create the appearance of savings—we work with you to make the best possible financial decisions for the long term benefit of your business.

As a business owner, you have plenty on your plate each day.  The last thing you need to do is spend countless hours poring over IRS documents as you prepare your returns.  On the other hand, saving 40% on your taxes represents a substantial amount of money for most business owners—how could you invest that money?  Maybe it’s hiring a new employee, investing in new equipment, or even opening a new location.  Whatever the case may be, we are quite certain that you will put your savings to better use than the IRS will!

Stop paying more money in taxes than you should be.  Contact us today and let us create strategies to save you 20-40% in taxes each and every year!