A note from John about tax year 2021

Tax year 2021 is quickly coming to a close but, there is still time for year-end tax planning.  Schedule a tax consultation now to review your 2021 tax information and make strategic plans before year’s end. 

Here are some examples of what we will do and what you should consider:

  • Calculate a required estimated tax payment to avoid the estimated tax penalty.
  • Review your investment portfolio to see if there are any Capital Losses that you can take to offset 2021 Capital Gains.
  • Should you form a Limited Liability Company with a Sub-Chapter S Election to reduce your Self-Employment Taxes?
  • Do you have any equipment that needs to be purchased in the near-term or improvements made to Rental Properties? Special Depreciation deductions are available for purchases or improvement made before the year-end.

Happy Holidays!


Use this link to schedule a meeting to discuss the specifics of your tax situation in further detail.