Tax Returns & Tax Planning
As a comprehensive financial advisory firm which also handles tax returns, Connect Tax and Wealth Management helps individuals, families, and small business owners save money on taxes through proactive year-round planning. We will help you evaluate all financial and insurance accounts to make sure they are not incurring unnecessary taxes, and answer your tax questions.
We can help answer your tax planning questions:
- How can I pay less taxes each year?
- How much tax will I pay if I take out a lump sum from my retirement?
- Should I save more for retirement?
- Do I have a plan in place for RMDs (required minimum distributions) that must begin annually starting at age 73?
For business owners, we can answer tax questions including:
- How can I show less income in my business (i.e. with more deductions or credits)?
- How do I set up a 401(k)?
- Do I have enough life insurance?
- Can I add group life insurance for my company?
Tax Preparation Packages for Individuals & Families
With most firms, tax preparation is an exercise in looking back and figuring out what took place in the previous year. When we are at that stage, there is not much we can do to change the outcome. We seek to make tax preparation affordable for families so that you can receive more tax planning for the future, while there’s still time to make adjustments to mitigate taxes.
All of our tax packages listed below provide meetings throughout the year to check in and see how your financial year is coming along. We will ask for some documents and run some projections to make sure you have an idea of what you tax situation may look like come tax season. NOTE: We also prepare taxes at economical rates for small business owners and entrepreneurs. Let’s discuss your situation and we’ll give you an estimate.
The Basics: Starting at $300
- Tax preparation for federal and one state return
- E-File return and portal access to upload and store documents
- Mid-year tax review
- Email updates throughout the tax preparation season
Tax Planning Package: Starting at $500
- Everything in “The Basics,” plus
- Annual tax planning meeting
- Quarterly Estimated Tax Calculations
- Tax questions, tax advice, and year-round support
Tax and financial planning package: Starting at $1000*
- Everything in “The Basics” and “Tax Planning Package,” plus
- Review all financial documents
- Financial planning meeting to review goals
- Written financial plan with recommendations
* This fee is for a written financial and tax plan that you can handle yourself. If we handle your investments for you based on your plan, this fee is waived.
Tax Preparation Packages for Businesses
All of our tax packages listed below provide meetings throughout the year to check in and see how your financial year is coming along, because before tax season, we still have time to potentially make adjustments and change outcomes. We will ask for some documents and run some projections to make sure you have an idea of what you tax situation may look like come tax season.
Sole Proprietor Tax Packages: Starting at $500
- Tax preparation for federal and one state return
- Website portal to upload and store documents
- E-File return and email updates along the way
- Mid-year tax review
- Quarterly estimated tax calculations
- Email updates throughout the year
- Bookkeeping available for an additional cost
Business Tax Package: Starting at $1500
- S-Corp, C-Corp, or Partnership tax return preparation
- Website portal to upload and store documents
- E-File return and email updates along the way
- Mid-year tax review
- Annual tax planning meeting
- Quarterly estimated tax calculations
- Tax questions, tax advice, and year-round support
- Bookkeeping available for an additional cost
Business Tax and Financial Planning Package: Starting at $2000
- Everything in the “Business Tax Package,” plus
- Discuss retirement plan options
- Review all financial documents
- Financial planning meeting to review goals
- Written financial plan with recommendations
- Bookkeeping available for an additional cost
Our Services
At Connect Tax and Wealth Management, we seek to provide each client with a comprehensive approach that allows you to simplify your life and make one phone call to manage almost everything related to your finances. Here are just some of the services we may provide as part of your custom financial and tax plan. Be sure to reach out to us for a complimentary conversation to discuss your life and financial goals and how we might help you reach them.
