Tax Planning

Tax Planning & Advisory

Take action before year-end to reduce your tax bill and avoid surprises. In fact, Tax Planning is a simple and proactive step that benefits nearly everyone. Moreover, at PSP Advisory, we specialize in Tax Planning for individuals and small businesses. As a result, our clients save money, prepare for major life events, and move forward with greater financial confidence.

Essential Tax Checkup

  • Current-year projection: Estimate tax liability
  • Withholding review: Adjust W-4 or estimated tax to avoid penalties
  • Basic deductions & credit review
  • 30 minute Q&A Meeting
  • One page written summary

Growth Strategy Plan

  • Everything in Essential Tax Checkup PLUS:
  • Entity analysis
  • Income-shifting strategies
  • Customized quarterly estimated tax calculation
  • Audit-risk review of prior year returns
  • 60 minute strategy session
  • Comprehensive written report

Premier Tax Planning

  • Everything from Growth Strategy Plan PLUS:
  • Quarterly meetings & real-time support for income/expenses timing decisions
  • Custom bookkeeping review
  • Tax-efficient wealth strategies
  • Implementation support
  • Quarterly reports
Submit your Tax Planning Inquiry
Have Any Questions?

Tax Planning FAQ's

Have questions? You’re not alone—here are some of the most common ones we receive. However, if you need more details, feel free to reach out through our Contact page, and we’ll be happy to help.

General Questions on Tax Planning

Essential Tax Checkup starts at $250. This provides your foundational review.

Next, the Growth Strategy Plan starts at $650. Here, you receive personalized recommendations to maximize cash flow.

Lastly, Premier Tax Planning starts at $2,500. As expected, this is the most comprehensive option for complex clients.

No problem! We start with a Baseline Tax Checkup using your prior-year return. This way, we find potential savings immediately.

Then, once you have current data, we update your plan. Therefore, you can act early and make informed decisions.

We review all deductions and credits you can legally claim. In addition, we evaluate new tax laws to help you qualify for every opportunity.

We review your current structure, returns, and projections. Specifically, we compare options like S-Corp and LLC. Ultimately, you select the best structure for your future goals.

We guide you on strategies like retirement plans and S-Corp payroll. As a result, you shift income efficiently and build long-term wealth tax-smartly.

We review your books quarterly on QuickBooks Online. During this review, we provide feedback and performance reports. Ultimately, you know how your business performs and what steps to take next.