Frequently Asked Questions | Tax Planning & Strategy FAQs

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We specialize in advanced tax planning and consulting for high-income earners, business owners, content creators, medical professionals, athletes, and entrepreneurs across industries such as healthcare, technology, and real estate. Our strategies are designed to help clients legally minimize taxes and maximize after-tax income.

Tax preparation focuses on filing your returns accurately and on time, while tax planning is proactive — it looks ahead to minimize future taxes legally. At Tax Plan Strategists, we design customized strategies throughout the year that leverage deductions, credits, and entity structuring opportunities before tax season begins. Tax planning helps you keep more of your income, while tax preparation ensures compliance with the IRS. 

Yes — Tax Plan Strategists provides both tax planning and tax preparation services for individuals and businesses. While our primary focus is on proactive tax strategy and year-round planning, we also handle the full preparation and filing of federal and state returns to ensure your plan is executed correctly. Our integrated approach means every deduction, credit, and structure we design during planning is properly reflected on your return. Whether you’re an entrepreneur, real estate investor, or high-income earner, we make sure your taxes are accurate, compliant, and optimized to legally reduce your IRS liability.

The best time to start tax planning is now — ideally at the start of your fiscal year. Year-round tax planning allows us to implement strategies that reduce liabilities, optimize deductions, and take advantage of time-sensitive tax incentives. Whether you’re a startup, LLC, S-Corp, or established business owner, Tax Plan Strategists helps you stay ahead of the IRS and position your business for long-term financial growth.

Our process begins with a comprehensive Tax Assessment — a detailed review of your financial documents, income sources, and business structure. From there, we design a personalized tax strategy plan that identifies every legal deduction, credit, and entity optimization available to help you minimize your tax liability and keep more of what you earn. 

A tax strategy consultation identifies overlooked deductions, credits, and entity structures that can significantly lower your taxable income. Our proactive approach helps you save money now while positioning your business for long-term financial efficiency.

Absolutely. We specialize in legal tax reduction strategies for self-employed professionals, entrepreneurs, and business owners. Using proven methods such as the Augusta Rule, accountable plans, entity restructuring, and advanced expense deductions, we help clients lower taxable income while staying fully compliant. Our goal is simple: to help you pay less in taxes legally and strategically — not by chance.

Yes. Our firm specializes in advanced tax strategies for high-income earners, physicians, executives, real estate investors, and multi-entity business owners. We go beyond standard deductions to build customized tax plans that maximize wealth, reduce liabilities, and maintain full IRS compliance. If your annual tax liability exceeds $50K or your income surpasses $300K, Tax Plan Strategists can help you keep significantly more of what you earn through proven, legal, and proactive planning methods.

We implement a range of IRS-approved tax strategies tailored to your income and business structure. These include the Augusta Rule, accountable reimbursement plans, cost segregation, charitable giving through donor-advised funds, short-term rental (STR) loopholes, R&D credits, and more. Our advanced strategies are designed to legally reduce your tax burden while helping you build generational wealth and financial freedom.

Every client’s situation is unique, but most high-income earners and business owners discover five- to six-figure tax-saving opportunities through our personalized strategies. Results depend on your income, structure, and current tax approach.

Yes. We work with clients nationwide through secure virtual meetings, making it easy for you to access expert tax consulting and planning services from anywhere in the U.S. 

Please have the following information ready before your Tax Strategy Consultation to ensure we can perform a thorough and accurate Tax Assessment:

• Details of all income sources and business activities 
• Your current tax year gross sales and/or W-2 income projections
• Taxes paid over the past three years (Line 24 of your Form 1040)
• Your most recent tax returns and business financial statements
• Information about major expenses, assets, or investments

Having these documents allows Tax Plan Strategists to analyze your financial profile in depth, identify every legal deduction, credit, and tax-saving opportunity, and build a customized tax strategy plan designed to minimize your IRS liability and maximize long-term wealth.

We use only IRS-approved tax codes and legal frameworks, supported by current tax law and professional opinion letters where applicable. Our strategies are both compliant and defensible, ensuring you stay protected while maximizing savings.

Our consultations are a flat-fee service that include a detailed Tax Assessment, a one-on-one strategy session with a tax strategist, and a personalized plan outlining actionable tax-saving opportunities tailored to your income, entity structure, and goals.

Please note that implementation of the recommended strategies—including entity restructuring, foundational tax strategies, advanced tax strategies, and investment execution—is a separate engagement available to clients who choose to move forward after the consultation. This ensures every implementation is handled with precision, compliance, and measurable results.

Traditional CPAs focus on filing taxes — we focus on reducing them. At Tax Plan Strategists, we go beyond preparation to build customized tax reduction blueprints for entrepreneurs, professionals, and high-income individuals. Our proactive approach, advanced strategies, and financial planning insights help you legally minimize taxes, protect assets, and build generational wealth — not just once a year, but year-round.

We recommend reviewing your tax strategy at least once per quarter. Regular reviews ensure you stay compliant while maximizing every legal deduction, credit, and incentive available throughout the year. At Tax Plan Strategists, we proactively adjust your plan as your income or business evolves — helping you stay ahead of the IRS year-round.

Yes. All information shared with Tax Plan Strategists is kept strictly confidential and protected under professional and IRS compliance standards. We use secure, encrypted systems for data sharing and storage, ensuring your personal and business financial details remain private.

You can start working with Tax Plan Strategists immediately. Simply book your Tax Strategy Consultation using the button below, select the time that works best for you, and you’ll receive instant confirmation. During the consultation, a senior tax advisor will ask targeted questions to understand your tax situation, evaluate the urgency of your needs, and determine whether we’re the right fit. If we’re a good match, we move directly into your Comprehensive Tax Assessment, which is the first step in building and implementing your customized tax strategy plan.