Proper tax planning allows you to analyze a financial situation or plan from a tax perspective in order to ensure tax efficiency. At Robert Hall & Associates, we provide proactive tax planning for businesses and individuals in Glendale, Pasadena, Burbank, and other surrounding California cities. This means we maintain constant communication with our clients throughout the year, not just during tax season. Our tax professionals know how to maximize your tax benefits, while also avoiding future problems. We constantly monitor tax legislation, regulations, and court rulings so we can provide the most effective tax planning for the future of your business or personal finances. Below are just a few areas our tax planning experts cover during planning sessions:
Medical Care Tax Planning
Are you confused about health care regulations? Do you have a clear understanding of how ObamaCare affects taxpayers? With the new president in place, the status of our health care system seems to be up in the air. Now more than ever is the time to stay on top of any new changes that can impact your taxes. Utilizing the medical care tax planning strategies and resources that Robert hall & Associates offers will allow you as a taxpayer to better forecast the potential challenges and benefits from ObamaCare and any upcoming legislative changes.
Real Estate Tax Planning
As a real estate professional, a real estate investor, or a homeowner, there are many provisions within our current tax regulations that individuals and businesses can utilize to improve their tax position. Are you buying your first house? How about selling or inheriting a property? All of these life changes will affect your taxes. Our real estate tax planning professionals will help you with essential record keeping and hone in on the tax benefits that the real estate industry offers. By planning ahead for any upcoming real estate purchases or sales, our tax planning professionals can ensure you are capitalizing on any tax credits or deductions that you may be eligible for.
International Tax Planning
As our society continues to move towards global economic dependence, our international tax regulations will continue to become more complex. As international economic trade continues to affect small businesses and individuals, it will be vital for taxpayers to understand the regulations involved with international commerce. By utilizing foreign corporations, foreign tax credits, and foreign income exclusion provisions, taxpayers are able to fairly report their income and utilize qualified deductions. Our tax planning professionals will help you to establish record keeping strategies and remain compliant with government reporting standards. Being proactive with international tax planning will give you the peace of mind during tax season that you have been missing.
Experienced Tax Planning for the Future
In short, your life is ever-changing, which means your tax situation is too. Our tax planning professionals take the time to understand your individual situation and then apply our knowledge of the ever-changing tax environment to help you make the best business and personal decisions. If you are a California resident living in Glendale, Burbank, Pasadena, or surrounding areas and wish to learn more about our tax planning services call 818.242.4888 or contact us today.