Nobody enjoys paying taxes, and there’s a natural human instinct to avoid dealing with tasks we find unenjoyable. Unfortunately, ignoring your tax planning can have substantial consequences. Every minute you spend operating on autopilot and doing what you’ve always done results in more of your hard-earned money that you will never see. You’ve overpaying in taxes you don’t legally, ethically, or morally owe—all because you don’t have a ProActive Tax Plan!
Stop Giving Your Money Away
We’ve been paying income taxes in the United States since the Civil War when President Abraham Lincoln implemented the Revenue Act of 1861. This initial tax was a flat tax of 3% on incomes above $800, but our taxation system becomes more intricate each year—continually increasing the burden placed on American workers and their families.
Right now, the government is overtaxing you. They are taking your hard-earned money from you every day. It’s money you’ll never see again. And it’s money you don’t even legally owe. All because you don’t have a system for minimizing your taxes. You don’t have a ProActive Tax Plan.
Keep What’s Yours
The rules of running a profitable business are simple: maximize income and minimize expenses. Taxes are your biggest expense, and the only way to keep them as low as possible is to have a plan. That’s where the ProActive Tax Plan comes in. Customized to you and your business, it’s a clear tax strategy that enables you to keep everything that you should. With this plan, our clients save an average of $11,000 a year in taxes.
Learn How to Leverage the Tax Code with a Tax Planning Attorney
There’s an excellent chance your CPA only thinks about your taxes at the end of the year. That’s when they record your finances and file your return, but by then it’s too late. You’ve already paid too much. That’s because the only way you can leverage the tax code is by looking forward, not back. Your CPA isn’t trained to do this, but tax planning attorneys are.
The IRS Tax Code exists to help you pay less tax. The problem is very few CPAs know how to utilize it. Congress is continually updating and modifying the tax code—effectively making the document longer and more complex each year. In fact, the tax code is said to more than doubled since 1985, and there’s a continual online debate as to how long the document really is. War and Peace runs 560,000 words, but most estimates have pegged the full tax code at well over four million words. Taking full advantage of the money-saving provisions hidden in this document is no small task.
At Quraishi Law Firm & Wealth Management, we thrive on the challenge of helping you save your hard-earned money. We know and use the tax code comprehensively, so you only pay what you must in taxes and no more. In fact, every strategy we employ is directly sourced from and referenced to that code.
Our team is available at our Jonesboro and Little Rock office locations to serve clients throughout Northeast and Central Arkansas. We are also available to meet with clients in our Memphis, Tennessee office. Contact us today to learn how a ProActive Tax Plan and our Certified Tax Coach™ can help you and your business save thousands of dollars each year.