We specialize in helping business owners identify & implement strategies to significantly lower their taxes. We'll help lower taxes year to year, and over your lifetime.
Here at Whittmarsh Tax & Accounting, we help business owners keep more of what they make. If you're not getting year round, proactive tax planning well before the end of the year, you're probably overpaying in taxes.
The typical tax preparation company only focuses on preparing your tax return. We pride ourselves on proactively working with clients to save them money and catering to their specific tax and accounting needs.
We're not your typical "year-end" tax and accounting firm. We serve as your outsourced accountants throughout the year. We'll handle everything so you can stay focused and profitable.
We will start by cleaning up your bookkeeping and catching everything up so you are setup just right.
We will deep-dive your tax return and accounting to find opportunities to save in taxes.
We will put together a specific plan for you to reduce taxes in the current year, and over your lifetime. We'll update it often.
We will make sure your accounting and bookkeeping is always up to date.
We take the confusion out of payroll, and help you onboard new clients, contractors and employees.
We will pay in your taxes according to the tax plan we created and ensure you never fall behind or give the government more than necessary.
We will help you understand your business and numbers by providing dashboards and reports that are helpful for you.
We will meet well before year end to help you make any major decisions around spending and investing.
We will close out your financial year and provide helpful reports.
Your business and personal taxes are made easy since we have done your bookkeeping and payments through the year.
We will take care of your year end tax returns.
We will help you build wealth and mitigate risks along the way.
Procrastination leads to overpaid taxes and more stagnation, book a call today and we are certain you will enjoy the process.
As a business owner in Miami, FL, it's crucial to ensure that you're not overpaying in taxes and that you're taking advantage of every available opportunity to reduce your tax liability.
Many business owners miss out on significant tax savings because their accountant is too busy to provide a fully engaged tax plan.
At Whittmarsh, we specialize in proactive tax reduction planning, helping you implement strategies that maximize your tax savings and keep more money in your pocket.
One of the key tax reduction strategies we assist business owners with is maximizing the benefits of the S-Corporation structure.
By properly structuring your entity, you can minimize self-employment taxes and take advantage of tax-saving opportunities unique to S-Corporations.
Our Miami FL team at Whittmarsh has extensive experience working with crypto companies, enabling us to tailor tax reduction strategies specific to your industry niche.
Small business retirement plans offer a powerful tax reduction tool.
By implementing the right retirement plan, such as a Simplified Employee Pension (SEP) IRA or a Solo 401(k), you can contribute pre-tax dollars, reduce your taxable income, and build wealth for your future.
Our team in Miami FL will help you navigate the complexities of retirement plan options, ensuring you choose the right plan that aligns with your business and long-term financial goals.
Section 179 and bonus depreciation provisions allow you to deduct the full cost of qualifying business assets in the year of purchase.
By properly utilizing these deductions, you can accelerate asset write-offs, reduce your taxable income, and lower your overall tax liability.
Our tax reduction planning experts will guide you through the intricacies of these provisions, ensuring you take full advantage of the available deductions.
Real estate investments offer unique tax advantages that can significantly reduce your overall tax liability.
Through strategies such as cost segregation, 1031 exchanges, and the utilization of rental property deductions, you can unlock substantial tax savings.
Our team at Whittmarsh has deep expertise in assisting real estate investment companies in Miami, FL, helping them leverage these tax-advantaged strategies to maximize their tax savings and investment returns.
Structuring your business near Miami FL properly can lead to substantial tax savings.
Whether it's the hiring of your children, utilizing fringe benefits, implementing the Augusta Rule, or maximizing home-office deductions, our tax reduction planning services will help you optimize your tax deductions while remaining compliant with IRS regulations.
Our comprehensive approach ensures that your business structure aligns with your specific needs and goals, unlocking potential tax benefits.
Partnering with Whittmarsh in Miami, FL, for tax reduction planning is a strategic move that can have a significant impact on your business's financial health.
By implementing proactive tax strategies, leveraging tax-saving opportunities unique to your industry niche, and optimizing
Our Accounting & Tax Services
Learn more about our approach, who we are, and how we serve people.
What does a business owner need to do in order to reduce taxes & ensure they implement every tax reduction strategy possible?
Our mission is to help ensure people NEVER overpay in tax.
The key is to do so with integrity, and not making silly mistakes that cause you to trigger IRS letters, audits or problems.
The best tax reduction planners are going to focus on providing year-round, pro-active guidance to their customers, deeply engaging in their bookkeeping, tax returns and business strategy.
Great Tax Reduction Strategies are rooted in understanding the tax code & business goals. We're part of a group of tax reduction strategists that are committed to providing pro-active tax reduction planning throughout the year so that business owners can keep more of what they earn to invest in the future or build wealth.
The main tax strategies you'll see, as noted by Minneapolis Tax strategist Passageway Financial, is to invest for growth. You're faced with either leaving the profits in your bank account, or making strategic investments to grow your business. There are others that align to our outsourced accounting strategy, such as Pheonix tax reduction planner Whyte CPA, Tax Accountant for Contractors Asnani CPA, and Omaha Business Accountant Performance Financial.
Tax Reduction Planning Ideas:
The best tax reduction planners are engaged throughout the year, are not too busy to focus on your business, and will come to you with ideas to reduce your taxes. You'll see other peers of ours delivering similar tax reduction planning strategy such as St. Louis Tax Strategists Lime Lime Life, Houston CPA Makh Accounting, Chicago CPA & Business Accountant Darion Wiggs, and tax accountant & bookkeeper for fitness professionals Fitness & Taxes. Great tax planning requires people to be engaged in your business throughout the year, and that's exactly what we're committed to do for our customers
We'll Find Tax Reduction Opportunities
We almost always find ways to reduce your taxes.
Whether it's maximizing your S-Corp to it's full potential (while obeying the reasonable salary laws), or starting to buy and depreciate real estate, we find ways to save you far more than the cost of our outsourced accounting services.