Jeff: Understanding our tax planning services

I think one of the important services that we provide that clients aren't necessarily looking for when they come and join with Burzenski & Company is some of our tax planning services. We have an in-depth tax planning process whereby we take the results from most of our clients, usually through sometime in the fall, whether our August, September, October, somewhere around there.



And then we project what the results will be to the end of the year. Usually in those projections, we like to take some industry standards, look at trend analysis, both for the client and across industry as a whole, to try anticipating what the results will be for the next couple of months. And then when we have a full year of projected results, we'll estimate the taxes and give them an idea of what they may or may not owe. By doing this in the fall versus come April 15th, when the amount is due, it gives you some time to strategize of what sort of tax advantages you might be able to take before year end as well as plan for possible tax due at the end of the year or a possible refund. And there are some strategies that can go along with that as well.