The dreaded April 15 tax deadline seems to continually loom over the heads of our clients. Therefore, to alleviate the pressure of that day and favorably affect the eventual results of the return, financial decisions throughout the year must always be considered from a tax perspective. Consistent, careful, and strategic planning is essential in minimizing what you owe to “Uncle Sam.”
That’s where the sophisticated tax department at Geier Asset Management can help. You work extremely hard to earn your money—let us maximize how much you get to keep!
Call us today for tax planning and preparation services in the Fort Myers area.
Effective tax planning requires year round attention by a qualified advisor. At the beginning of each year, our team of CPAs work with our client managers to generate a detailed tax projection for clients. On a quarterly basis, these projections are updated, federal and state withholdings are verified, and estimated tax liabilities or refunds are calculated.
Our clients who are self-employed or work in multiple states throughout the year require additional, and oftentimes extensive, tax planning. Since self-employed individuals do not have the luxury of having federal and state taxes withheld from their paycheck, they are required to make quarterly estimated tax payments to cover their projected tax liabilities. However, because a payroll system is not calculating a withholding amount, self-employed individuals are at greater risk of being under withheld. For those individuals that earn income in several states, liabilities to multiple states arise. Failure to make quarterly estimated tax payments to these municipalities in a timely manner will result in interest and penalties in addition to the initial liability. Our tax team understands the necessary planning that is required to be prepared to file a tax return.
Tax planning also means coordinating and managing the effects of taxation on everyday decisions. Our Fort Myers area tax professionals work with our clients to address the tax impact on investments, charitable giving, and purchase and sale of assets.
Thorough tax planning throughout the year will aid in an easier and more efficient tax filing experience. However, gathering the necessary documents and inputting the data on a tax return is a foreign task to most and can become dangerous if the return is filed incorrectly. Therefore, utilizing a qualified tax preparer will save you a great deal of time and will mitigate the risk of an incorrect filing.
At the beginning on the year, we provide our clients with a comprehensive tax organizer that makes the data gathering process easier while ensuring all necessary items are addressed. We then input the data accurately and file the appropriate returns (federal, state, partnership, corporation, S-Corp, trust, etc.) for your situation. Our CPAs will review the output with our client managers and a meeting will be set up with the client to review the return. Once the return is understood and approved by the client, we will electronically file it on your behalf. If an IRS or state agency audit is conducted, we are here to assist.
We have been providing year round strategic tax planning and annual tax return preparation for over 15 years. With a team comprised of several CPAs, Geier Asset Management provides an elite level of knowledge and expertise to your tax situation. Rather than providing a local shop your tax documents at year end, we incorporate your complete financial profile into tax planning throughout the year. Because we handle financial planning and investment advisory for our clients, both which have significant tax implications, our financial planners and client managers are able to work in unison with our tax department throughout the year to ensure all financial decisions consider the impact of taxes.
Being a full service firm located near Fort Myers, our clients value the ability to keep all of their financial affairs in one central location. It makes their lives easier and adds a level of comfort knowing that all financial decisions are overseen by a qualified tax specialist. Taxes can decimate what you’ve worked so hard to earn and can be a burdensome experience annually. We have the necessary time and qualified resources needed to conduct proper tax planning and preparation, so that April 15 deadline is stress-free for you.
As a fee-only financial planner, we also offer: