Navigate Tax Season Better: 3 Tax Planning Tips for Las Vegas Valley Businesses

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With tax season top of mind for many, it’s a great time to explore strategic tax planning tips and the best ways to implement them. Here are some key ways to enhance both personal and business financial outcomes with an eye toward improving your overall tax savings and growing your wealth.

Diversification and Tax-Efficient Investments

By strategically allocating investments across different asset classes, such as stocks, bonds, and real estate, you can optimize the tax implications of various income streams. Additionally, work with your tax consultant to determine the best investment vehicles, like index funds or tax-managed funds, that can contribute to overall tax savings while maintaining a diversified portfolio.

Optimizing Business Structures and Deductions

Review your current business structure to ensure it aligns with your financial goals. Evaluate whether a sole proprietorship, partnership, LLC, S corporation, or C corporation is most advantageous when considering potential tax liabilities. And by identifying and maximizing deductions, your tax professional can enhance your business’s financial health while minimizing taxable income.

Strategic Timing of Income and Expenses

Timing is critical in tax planning. For both personal and business finances, strategically timing income and expenses can smooth out tax liability. By aligning these actions with your overall financial strategy, it may be possible to optimize your tax position each year, ensuring that you take advantage of favorable tax rates and deductions.

Ready to Speak with a Local Expert Serving Las Vegas Valley About Tax Planning Tips?

S.J. Meyer & Co. is committed to developing customized tax planning strategies for clients to maximize tax efficiency while preserving and growing your wealth. Our team delivers superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting, forensic accounting and litigation support. See why our clients trust us with their questions about wealth management, estate planning and business taxes, too. Contact us today for the kind of individualized service and tax planning tips you expect from a world-class tax consultant. 

Tax Planning Tips for Personal & Professional Success in Las Vegas Valley

Serving Las Vegas Valley, Summerlin & Henderson

Posted on January 30, 2024 | Published by Ignite Local | Related Local Business

Best Reasons to Consult With a Tax Advisor for Small Business in Las Vegas Valley

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A new year is always a good time to reassess your business practices and strategies for success. Meeting with a tax advisor for small business needs can help you get off to a good start in January that pays off all year long.

Improved Tax Savings Start Right Away

If you begin implementing changes early in the calendar or fiscal year, you have a significant amount of time to see positive results. Even six months of additional tax-deferred investments can have a big financial impact on your company’s bottom line.

Reduce the Chances of a Tax Audit

You may be enthusiastic about making changes–new year, new changes for your business. But working with a tax expert helps ensure any money moves you make are reasonable in the eyes of any tax agency. Any unusual changes to your financial picture could trigger an audit, so making sure everything is done with the highest levels of transparency is important.

More Time to Focus on Your Business

Getting a better hold on your company’s finances, especially when it comes to improved tax strategies, allows you to shift your focus to other aspects of your company that need your attention.

Do You Need a Tax Advisor for Small Business in Las Vegas Valley?

As a leading local tax consultant, S.J. Meyer & Co. is ready to assist clients who are ready to set up a business to succeed. We’re also here for those seeking improved tax strategies year-round and a lower risk of a tax audit for business. We deliver superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting and specialized forensic accounting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes and S corp tax planning, too. Contact us today to speak with a dedicated tax advisor for small business needs.

Highly Recommended Tax Advisor for Small Businesses in Las Vegas Valley

Serving Las Vegas Valley, Summerlin & Henderson

Posted on December 30, 2023 | Published by Ignite Local | Related Local Business

Year-End Business Tax Tips for Las Vegas Valley Company Owners

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The closing of a calendar year is a great time to review your tax savings strategies, even if your fiscal year has a July 1 start instead of a January 1 start. With a few weeks left to go, it’s not too late to make important changes. Here are some business tax tips to consider. 

Maximize Contributions

Many investment products allow you to put in a maximum amount of money in a calendar year. Now is the time to review your past contributions for the year. If you have the resources and you haven’t met the limit, increase your contributions.

Review Your Deductions

To keep more of your money, you’ll want to take the greatest amount of appropriate deductions for your business. Then, you’ll want to consider the pros and cons of itemizing your deductions. A tax consultant’s advice is invaluable in weighing your options.

Update Your Estimated Quarterly Tax Calculations

When you don’t pay enough in estimated quarterly taxes, you could face an underpayment penalty from the IRS. Avoid spending that money unnecessarily by working with a tax consultant to ensure your calculations are adjusted to accurately reflect the estimated quarterly taxes due next year.

Need Business Tax Tips in Las Vegas Valley?

As a leading local tax consultant with many business tax tips prepared especially for companies, S.J. Meyer & Co. is ready to assist clients who are ready to set up a business to succeed. We’re also here for those seeking improved tax strategies year-round and a lower risk of a tax audit for business. We deliver superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting and specialized forensic accounting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes and S corp tax planning, too. Contact us today to speak with a dedicated tax advisor for year-end business tax tips.

Reliable Business Tax Tips and Strategies for Maximum Year-End Savings

Serving Las Vegas Valley, Summerlin & Henderson

Posted on November 30, 2023 | Published by Ignite Local | Related Local Business

Get a Tax Advisor in Las Vegas Valley to Ensure a Successful Business Launch

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A tax advisor can be your greatest resource when establishing a new business. Their advice can not only help you keep more of your profits but also ensure that you’re able to act quickly on strategic opportunities. Here’s what you need to know.

Sole Proprietorship, LLC or Corporation?

Each business type has unique tax obligations and benefits for you as a company owner. Consulting with a tax expert is the best way to make sure you choose the one best aligned with your goals.

Make Sure Tax Filings Are Accurate & Complete

Your tax pro helps ensure the proper business forms are filed so taxes are calculated and paid accurately. This also supports your case if you should receive an audit notice.

Understand That Even for Experienced Business Owners, Times Change

Even if you’ve started a business before, it’s worth reaching out to a tax advisor if you’re planning a new venture. Business and tax laws change over time, and not knowing isn’t going to be a good enough argument if your business is audited for tax compliance failings.

Ready to Learn More About How a Tax Advisor Can Help in Las Vegas Valley?

As a leading local tax consultant, S.J. Meyer & Co. is ready to assist clients who are ready to set up a business to succeed. We’re also here for those seeking improved tax strategies year-round and a lower risk of a tax audit for business. We deliver superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting and specialized forensic accounting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes and S corp tax planning, too. Contact us today to speak with a dedicated tax advisor.

Highly Qualified & Experienced Tax Advisor Serving Las Vegas valley With Guidance You Can Trust

Serving Las Vegas Valley, Summerlin & Henderson

Posted on October 30, 2023 | Published by Ignite Local | Related Local Business

How to Minimize Your Risk of a Tax Audit for Business Owners in Las Vegas Valley

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The idea of a tax audit for business owners is never a welcome one, but taking steps now to keep your risk low can give you peace of mind should you ever receive an audit notice from the IRS. Here’s a high-level view of what you can do, starting today.

Keep Financial Records That Support Your Tax Filings

Hold onto all records related to money moves reported on your taxes. It’s the best way to prove that gains and losses are justified as reported. Seek out a tax advisor to help you identify what records to keep.

Follow IRS Rules for Deductions

Even if your tax returns are flagged, if you claim only those deductions allowed by the IRS, you can feel confident that you haven’t broken any laws and the audit will turn out fine. It’s a stressful situation all the same, and working with a tax consultant when preparing your taxes can ease your mind.

Avoid Typos and Math Mistakes

An extra digit or error in adding or subtracting figures can make it appear that you’ve gained or lost a significant amount of money compared with previous years’ returns, and that could flag your business for an audit. Hiring a tax pro to review your calculations before filing catches most errors like these.

Nervous About a Tax Audit for Business Owners in Las Vegas?

As a leading local tax consultant, S.J. Meyer & Co. is ready to assist clients who are ready to set up a business to succeed. We’re also here for those seeking improved tax strategies year-round and a lower risk of a tax audit for business owners. We deliver superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting and specialized forensic accounting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes and S corp tax planning, too. Contact us today to speak with a dedicated tax advisor.

Keep Your Risk of a Tax Audit for Business Owners Low with the Help of an Expert Tax Consultant Serving Las Vegas

Serving Las Vegas Valley, Summerlin & Henderson

Posted on September 30, 2023 | Published by Ignite Local | Related Local Business

Why Consult a Tax Expert When You Set Up a Business in Summerlin?

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Whether it’s your first business or your tenth, you’re going it alone as a sole proprietor or have partners ready to share the ups and downs with you, the decision to set up a business is a big step. It’s essential to start off on the right foot to ensure there are no problems down the line, and working with a tax consultant can help. Here’s how.

Mistakes Are Costly

If you don’t have your business organized in a way that’s most advantageous for your tax needs, you could be facing significant penalties and fines. While mistakes can typically be corrected, they can also cost you a lot of money and even missed opportunities. 

Online Business Services Don’t Know Your Needs

There are plenty of online services ready to help you form a business, but it’s unlikely that you’ll get any kind of truly personalized service from them. Working with a local tax consultant gives that professional a chance to know your business goals and what’s important to you, devising a customized plan for you.

Keep More of Your Money

It’s never too early to begin tax planning for an individual or for a business. Hiring a tax consultant from the very beginning will help you identify ways to support your company’s growth while also protecting your assets.

Ready to Set Up a Business in Summerlin?

As a leading local tax consultant, S.J. Meyer & Co. is ready to assist clients who are ready to set up a business to succeed, as well as those seeking improved tax strategies year-round. In addition to specialized forensic accounting, we deliver superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes and S corp tax planning, too. Contact us today to speak with a dedicated tax advisor.

Set up a Business for Success in Summerlin with Expert Tax Planning

Serving Las Vegas Valley, Summerlin & Henderson

Posted on August 30, 2023 | Published by Ignite Local | Related Local Business

3 Smart Ways to Prepare for Your Business Tax Audit in Las Vegas Valley

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Getting a notification from the IRS that your tax filings have been flagged for an audit is nerve-wracking, but knowing there are things you can do right now to be ready for it can ease your mind. Here are three things you can get started on doing today in preparation for your business tax audit

Gather Your Tax Returns

Your tax filings have been reviewed already by the IRS, and something about them stands out. Perhaps your financial gains or losses were significantly bigger or smaller than past years. Or maybe it’s an accounting error. By gathering your tax returns, you’ll be able to see for yourself the areas of concern and be ready to provide more details to IRS agents.

Collect Your Financial Records

Tax returns are prepared based on financial information you provide, so get the financial records you used to complete your tax filing. These can be instrumental in clearing up any misunderstandings or miscalculations that triggered your audit.

Get Professional Help from an Experienced Tax Advisor

Make the commitment today to be prompt, clear and responsive to any communications you receive from the IRS when it comes to an audit of your business taxes. If you’re not sure what to do or how to answer the questions you receive, don’t go it alone. Consulting with a business tax and auditing specialist can go a long way in resolving your audit quickly and with minimal interruption of your work.

Do You Need Help with a Business Tax Audit in Las Vegas Valley?

As a leading local tax consultant, S.J. Meyer & Co. is ready to assist clients facing the stress of a business tax audit, as well as those seeking improved tax strategies year-round. In addition to specialized forensic accounting, we deliver superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes and S corp tax planning, too. Contact us today to speak with a dedicated tax advisor.

Expert Assistance So You Don’t Have to Face a Business Tax Audit in Las Vegas Valley Alone

Serving Las Vegas Valley, Summerlin & Henderson

Posted on July 30, 2023 | Published by Ignite Local | Related Local Business

3 Ways to Know You’ve Got the Best Tax Consultant Serving Summerlin

best tax consultant summerlin

You’ve worked hard for your money, spent years growing a business and dedicated yourself to smart money moves. When you’re ready to maximize your tax savings, don’t go it alone. Seek out the best tax consultant for your personal or business accounts for reliable and timely assistance.

You Get Customized Tax Saving Strategies

A good consultant applies their skills and knowledge to clients individually, understanding that what works well for one may not be ideal for another. Does your consultant give you cookie-cutter ideas or are they based on your unique portfolio, financial goals and obligations?

They Have Depth and Breadth of Experience

Hiring a well-rounded tax professional gives you the benefit of having someone who understands how all the pieces of your financial picture fit together. They offer a range of important tax-related assistance, like auditing, tax planning and tax preparation services to meet your short- and long-term goals.

They Have Earned Professional Credentials

The last thing you want to take chances with is your taxes, so it’s essential to hire a consultant with the documented education, training and professional credentials that show they’re equipped to do the job. Don’t be shy, ask about your prospective consultant’s background, experience and range of client work.

Are You Seeking the Best Tax Consultant for Summerlin Clients?

As a leading local tax consultant, S.J. Meyer & Co. is ready to assist clients seeking improved tax strategies year-round. In addition to specialized forensic accounting, we deliver superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes and S corp tax planning, too. Contact us today to speak with a dedicated tax advisor and see why we’re the best tax consultant in the area.

Best Tax Consultant for Discerning Summerlin Clients

Serving Las Vegas Valley, Summerlin & Henderson

Posted on June 30, 2023 | Published by Ignite Local | Related Local Business

Wondering Why You Should See a Tax Specialist in Las Vegas Valley?

tax specialist las vegas

While filing taxes is a necessity for most individuals and businesses, paying more than you should is not. If you’re looking to get a better handle on your tax bill, it’s time to call a tax specialist. Learn how working with a tax expert can improve not only your financial outlook but your financial planning because of the insight they provide.

Taxes Are Their Only Focus

Not all financial service professionals offer the same service, and that’s why having a tax expert on your side is so important. Their work zeroes in on your tax responsibilities and how your financial moves affect that tax liability so you have the information you need to make better decisions.

They’re Dedicated to Your Goals

Your tax consultant understands a broad range of financial tools and how they can assist you in meeting your financial goals. Whether that’s growing your wealth, preserving it for your family’s future or building business capital, working with someone knowledgeable helps you achieve your goals faster.

Ensure the Accuracy of Your Tax Filings

Mistakes on your taxes can be costly, and the penalties often add up quickly. Because tax laws change often, and the details are often very granular, having someone you can trust to determine what’s acceptable and what’s not is essential to avoiding audits and penalties. 

Do You Need a Tax Specialist Serving Las Vegas Valley?

As a leading local tax specialist, S.J. Meyer & Co. is ready to assist clients seeking improved tax strategies year-round. In addition to specialized forensic accounting, we deliver superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes and S corp tax planning, too. Contact us today to speak with a dedicated tax advisor.

Maximize the Protection Your Assets with the Help of a Tax Specialist Serving Las Vegas Valley Clients

Serving Las Vegas Valley, Summerlin & Henderson

Posted on May 29, 2023 | Published by Ignite Local | Related Local Business

Best Reasons to See a Tax Advisor Serving Henderson

tax advisor hendersonLike going to see a doctor for your annual physical, meeting with a tax advisor is a great way to give your money a check-up. Even if you work in business or finance, the detailed knowledge and experience a tax consultant brings to the table makes it worth your time to see one. Here’s why.

You Want to Preserve Your Wealth

If you’ve done well in your career or you have personal wealth, you’re likely to want to use those financial resources to benefit your family and causes near to your heart. A tax specialist offers advice on ways to structure your financial assets so your money is protected.

You Want to Minimize The Taxes You Pay

A tax professional commits their career to knowing the ins and outs of taxation, including the many tax deferred accounts and write-offs you may be entitled to. Trust their knowledge and insight to finding you the most appropriate ways to save on your taxes.

You Want to Reduce the Chances of a Tax Audit

Tax laws are complicated and even small changes made by legislators can have a big impact on the amount you owe, personally or as a business. Even a simple mistake could appear to be a red flag to the tax department. Working with an expert tax professional ensures your tax filings are accurate.

Do You Need a Trusted Tax Advisor Near Henderson?

As a leading local tax consultant, S.J. Meyer & Co. is ready to assist clients seeking improved tax strategies year-round. In addition to specialized forensic accounting, we deliver superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes and S corp tax planning, too. Contact us today to speak with a dedicated tax advisor.

Keep More of Your Hard-Earned Money With the Help of a Seasoned Tax Advisor

Serving Las Vegas Valley, Summerlin & Henderson


Posted on April 30, 2023 | Published by Ignite Local | Related Local Business