Why do your taxes with an accounting firm?
For many people, automated tax software is a blessing.
Yet, many of us still get the most financial benefit from working with an expert tax and accounting firm. Doing so saves you time and energy, gives you a personalized perspective, and can get you more money back on your taxes.
Our 2022-2023 tax planning guide provides important information on some of the key tax provisions you need to be aware of, as well as strategies for minimizing your taxes in the current tax environment.
To take advantage of all available breaks, you need to be aware of relevant tax law changes that are going into effect — or that have expired. For example, the Inflation Reduction Act includes some tax breaks related to clean energy, plug-in electric vehicles, and home energy improvements.
But tax provisions intended to provide relief during the height of the pandemic generally have expired. You also can’t forget about the massive Tax Cuts and Jobs Act (TCJA) that generally went into effect four years ago, because the TCJA still significantly impacts tax planning. Finally, you need to keep an eye out for any new tax law changes that might still be signed into law this year and affect 2022 planning.
Our tax planning guide includes specific information for individuals, families, investors, and businesses, as well as retirement and estate planning, and it contains a chart of current tax rates by income bracket. This guide gives you all the information you need so that you’re fully knowledgeable when you sit down with a Cg professional.
Expert insights from our team can improve your tax experience in several ways:
- Time is money. The first ‘returns’ you’ll get are peace of mind and a big chunk of time. Doing your own taxes can take hours or days. That’s time that could be spent being productive, creating income, or growing your business.
- Optimize your return. Time is money, and well… money is money. Our tax consultants are well-versed across a range of industries. They know how to avoid IRS penalties while getting businesses and individuals every penny they deserve.
- Learn and grow. Improve your financial self. Cg’s tax specialists can generate insightful reports and give you advice to help you make better tax and financial decisions down the road.
Contact Cg to learn more, or view our free 2022-2023 Tax Planning Guide to start with your professional tax help today. Limited number of print copies are also available upon request – contact Danielle Bagdzinski, marketing manager, with your name and address for a mailed copy.