Personal Income Tax Planning

Changing income tax laws and rates have made it necessary for a multitude of individuals to consider tax-planning strategies. Maintaining a tax plan is a great tool to manage your wealth. It is necessary to consider various strategies to find approaches that best accommodate your financial goals and preserve your and your family’s wealth.

Tax planning and preparation strategies need to be implemented and tracked over the course of the entire tax year. Items like retirement contributions must be made throughout the year. Also, small business owners need to address unique tax issues throughout the year, such as, managing payroll, revenue and expenses. Planning  is critical if you want to maximize your time and reduce the amount owed in taxes each year.

At Cloonan & Associates, our focus is on helping you create, grow and protect your hard earned money. We strategically help you find the financial solutions that best accommodate your needs and goals. That requires an innovative approach to developing a tax plan customized to your specific need. Working together with you, we’ll help you minimize your tax burden while remaining in compliance with federal, state and local taxnregulations.

PLEASE CONTACT US FOR MORE INFORMATION ON OUR PERSONAL INCOME TAX PLANNING SERVICES.

Want to learn more about how we help clients with our services?