Are you paying unnecessary taxes?
Are you receiving proactive tax planning guidance from your Accountant or Advisor?
For high-income earners, business owners, and high-net-worth individuals, success comes with many rewards, but one hidden cost is the burden of taxes—are you confident you’re paying only your fair share, or could you be unknowingly handing extra dollars to the IRS and your state?
At Lane Hipple, we believe taxes are overlooked when addressing a client’s wealth and assets. Inefficient tax planning strategies can result in substantial excess costs, taxes, and lost wealth over a lifetime, potentially amounting to thousands or even hundreds of thousands of dollars. You work hard and save diligently to grow your wealth, which means you require high quality, forward-thinking tax advice to maximize your efforts and optimize every dollar.
Our Tax Planning Strategies
Lane Hipple has certified expertise in proactive tax planning strategies that allows our team to simplify the massively complex tax code into strategies clients can implement immediately to:
- Reduce taxes;
- Boost cash flow;
- Lower tax drag on assets and wealth;
- Manage tax brackets to avoid high and low tax years;
- Maximize wealth; and
- Transfer wealth more efficiently to the next generation
Our tax advisors will preemptively prepare for and address taxes to achieve the best outcome for events like:
- Receiving retirement plan income or Social Security
- Pension Elections
- Selling your home or rental property
- Receiving Equity Compensation and Incentive Compensation, such as Restricted Stock Awards or Units (RSU), Stock Options, Employee Stock Purchase Plans, Series A, and Startup Stock Ownership
- Inheriting concentrated stock positions
- Generating income from side businesses and freelance work
For business owners, the impact of qualified tax planning strategies is magnified by the enhanced complexity, which presents additional opportunities and strategies to mitigate taxation, such as:
- Entity elections: Partnerships, S-Corps and Schedule C Sole Proprietors;
- Section 179 and Bonus Depreciation;
- Defined Contribution Plans: 401k vs. SEP IRA or SIMPLE IRA;
- Cash Balance Pension Plans; and
- State-Specific tax leveraging strategies
Service Highlights:
- Expert Review: Our experienced professionals begin by conducting an audit of your tax documents and tax returns.
- Identify Savings: Understanding the work of your Accountant or CPA we look for mistakes, overpayments, and missed opportunities.
- Peace of Mind: Gain confidence knowing that your tax returns are accurate and fully compliant with current tax regulations.
Note: Lane Hipple does not prepare or file tax returns on your behalf. Our service is exclusively focused on reviewing and optimizing your already-prepared tax returns.
Legal Disclaimer: Please note that while Lane Hipple provides a comprehensive review and optimization service, the individual is ultimately responsible for the accuracy and completeness of their own tax returns. Lane Hipple does not prepare or file tax returns on behalf of clients. Any errors or omissions in your tax returns, whether identified or not during the review process, are the sole responsibility of the individual.