Tax Mitigation
Tax mitigation is a way of ensuring that your tax affairs are properly structured so that you don’t pay any more tax than you should.
Tax mitigation is a legitimate method of safeguarding your tax position – and reducing your tax bill. There are lots of ways to achieve tax mitigation through the use of financial schemes including pensions, Inheritance Tax and succession planning, Capital Gains Tax allowances and so on.
The use of every legal and ethical method available to reduce your tax liability is the right of every taxpayer.
Estate Planning
R&D Tax Strategists was established with the vision to serve our clients' needs with a holistic approach to their current tax preparation needs and planning their own tax outcomes long term.
Do you have a will? Though most Americans are aware that they need some sort of Will, the majority of us - about 60% - don't have one. People procrastinate for many reasons, but it's important to know that Estate Planning - no matter what the size of your estate - doesn't have to be complicated or expensive. And once it's done, you'll rest easier, knowing that your wishes will be fulfilled no matter what the future brings.
It's a universal truth that you can't take it with you. But will your inheritors have to pay for what you leave behind? When a person dies, someone must step in to finalize that person's affairs. Bills must be paid, property must be accounted for and assets must be passed on to the heirs chosen by the deceased person. Without other arrangements, state law usually requires that all this be handled through court proceedings. This process can take many months. Because probate is time consuming, expensive and usually unnecessary, smart people plan in advance to avoid placing this burden on their heirs.
We realize that many of us are squeamish when it comes to thinking and talking about death, particularly our own. But, preparing a few legal documents with the help of someone who is familiar with this process can ensure that the things you worked so hard for all your life will be saved from probate and unnecessary taxes. Get answers to your estate planning questions. Learn how to provide a personalized program that's just right for you and our family. Don't put this important decision off any longer. You'll be glad you did.
Other Services
- Trust recommendations for a variety of situations
- Capital gain solutions (1031 Exchange)
- Tax mitigation real estate specific
- Cash Balance Retirement Plan Services
- Tax reduction on going tax planning