Moreover, when we work with CPA’s and their small business clientele, this is when our value proposition gets even more unique. It is here where our expertise and creativity flourish most. With a goal of reducing taxes, expenses and increasing the bottom line of every small business we engage, we do this by employing over 30 different strategies that involve some combination of tax, legal, insurance and investment planning that work in conjunction with each other to accomplish this goal. As an example, if one business partner wanted to sell his half of a business to another partner to retire, we have strategies that could help to avoid a large capital gain at the same time that it creates a lower income taxed retirement and legacy plan for the retired partner and his family.
Furthermore, if there was a need for a buy/sell agreement between a group of partners, we could help to create this in a way that not only protects every partner and their family, but is affordable to the business and creates a business expense that would not always exist if done differently or if a high net worth client wanted to convert a sizable retirement plan to one that is tax-free in retirement, we could help reduce or off-set the income tax burden related to that considerably. Finally, if a business is young and needs to access capital to invest elsewhere (i.e. for new equipment or a company retirement plan…etc), we can help them to do this through some advanced tax planning and business expense reduction strategies that we employ without having to borrow any money. These are just a few of many scenarios that we have helped many small business owners put into play over the years.
