Tax Planning and Preparation

The majority of individuals dread tax time. As April 15th approaches, the realization that “Nothing happens until somebody does something” sets in. We then begin our arduous journey, collecting our relevant documentation and putting it in neat piles so that we can fill out all of the boxes on our tax forms. Or, like many, we gather any important looking piece of paper we can find and place it in a box to take down to the local tax preparer or CPA to figure out.

For Money Mentoring clients of Sage Financial Strategies the above description of tax time does not exist. Through our Money Mentoring process your Accountability Partner reviews your personal financial situation on a monthly basis and keeps his eye on opportunities for you to stop dollars from being spent on taxes so that they can be directed towards those things which you value most in your life.

There are many current tax issues that can have a significant effect on your personal finances depending on how you handle each financial event. Each significant financial decision you make should be reviewed to determine its effect on your personal finances and that includes the tax effect of that decision. Our Accountability Partners guide each client through the prospective results of each decision as well as its tax effect BEFORE a financial decision is made and executed. At SFS tax time is an every day planning process designed to help you keep more of what you earn.

As citizens of this great country it is our legal obligation to pay taxes, however, let us keep in mind that it is our right to pay as little as possible within the guidelines of the applicable tax code.