Tax Planning and Return Preparation Services We view our relationships with our clients as ongoing partnerships, and we pledge to provide you with quality, up-to-date tax return preparation and advice, whatever your tax planning and preparation needs—whether you're an individual, a sole-proprietor business or operate a multi-tiered corporation, or partnership. But our dedication to you doesn't stop after the tax return is complete. All through the year, we keep up to date on current tax laws to minimize your tax liabilities and to maximize your future opportunities. The following lists just a few of the many tax services we offer, beyond just tax compliance: For Individuals Multi State Returns Minnesota Property Tax Refunds Alternative Minimum Tax Home Office Deduction Energy Breaks Regular and Roth IRAs Self Employed Tuition Deduction and Credits Day Traders Incentive Stock Options Trust Taxes And more... For Businesses Entity Selection and Setup Succession Planning Mergers and Acquisitions Basis Calculation Multi State Returns Minnesota Capital Sales Tax Refunds Retirement Plan Selection Business Tax Credits Domestic Production Activities Deduction Depreciation Calculations and Section 179 Deductions And more... Tax planning We are all required to pay our fair share of taxes, but nowhere is it required that we pay more! Whether you are an individual or a business, we cannot emphasize enough the power of tax planning.  Proper planning helps you take control of your situation and allows you to minimize your tax liability.  Some of the tools we have used in the past include: Generating capital losses to offset taxable capital gains "Bunching" medical expenses into one year to maximize allowable itemized deduction Donating appreciated property to your favorite charity instead of selling and donating the cash, and avoiding tax on the gains Timely setup of and contributions to retirement plans Timing equipment purchases to maximize current year deduction And many, many more... It is important to remember that every situation is unique, and what may work for you one year may not bring the same result in the next.  Tax planning should be done at least annually to bring the greatest tax benefit. Call us today for a no-obligation, free initial consultation regarding your personal situation. 651-287-9825 info@zellnercpa.com