Business Owner Tax Control Plan™
It’s time to move beyond finding out what happened at tax time and start planning ahead.
Your Business Owner Tax Control Plan™ engagement has started.
We’ll evaluate your available tax, business and financial information to help you better understand what is driving your tax position, identify planning priorities and develop practical recommendations for greater year-round tax control.
Your first step is to complete your Business Owner Tax Control Plan™ Intake.
COMPLETE MY TAX CONTROL PLAN INTAKEHere's What Happens Next
1 — COMPLETE YOUR INTAKE
Tell us about your business, current tax situation, income, estimated payments and the areas where you want greater tax clarity and control.
2 — SECURELY PROVIDE YOUR RECORDS
After completing your intake, you’ll receive instructions for securely providing the tax returns, business financial information and other records needed for your planning review.
3 — WE BUILD YOUR PLAN
We’ll evaluate the information provided, identify apparent planning gaps and opportunities, and develop your written Business Owner Tax Control Plan™.
4 — REVIEW YOUR PLAN
You’ll receive an included 60-minute Tax Control Plan Review Session to walk through your findings, priorities and recommended next steps.
A Broader Look at Your Tax Situation
Depending on your circumstances, your Business Owner Tax Control Plan™ may evaluate:
✓ Your most recently filed individual tax return
✓ Your most recently filed business tax return, when applicable
✓ Current-year business income and expenses
✓ Your estimated current-year federal tax position
✓ Primary-state tax considerations
✓ Estimated-tax payments already made
✓ Business deductions and apparent deduction gaps
✓ Owner compensation when applicable
✓ Current business tax treatment
✓ Retirement-plan tax considerations
✓ Business equipment and asset considerations
✓ Income and expense timing opportunities
✓ Significant changes affecting your current tax year
✓ Apparent tax-planning gaps and risks
✓ Potential planning opportunities based on the information provided
Your Plan Is Built Around Tax Control
Your findings and recommendations will be organized around the Tax Control Group™ framework:
UNDERSTAND
Identify what appears to be driving your current tax position and where your existing tax approach may need attention.
PRIORITIZE
Determine which tax issues, planning opportunities and decisions deserve attention first.
CONTROL
Develop practical recommended actions, estimated-payment considerations and planning checkpoints for moving forward.
Your Business Owner Tax Control Plan™
At the conclusion of the planning process, you’ll receive a written Business Owner Tax Control Plan™ designed to turn the information we review into an organized set of priorities and recommended actions.
Your plan may include:
✓ Summary of your current tax position
✓ Current-year tax projection
✓ Estimated-tax considerations
✓ Key planning issues identified
✓ Potential tax-planning opportunities
✓ Areas requiring additional attention
✓ Prioritized recommended actions
✓ Planning checkpoints for moving forward
You’ll also receive your included 60-minute Tax Control Plan Review Session to walk through the plan and discuss your recommended next steps.
More Than an Estimated Tax Calculation
Estimated Tax Planning™ focuses primarily on answering:
“Approximately what should I be paying toward taxes right now?”
Year-End Tax Strategy™ focuses on:
“What should I consider doing before this tax year ends?”
Your Business Owner Tax Control Plan™ takes the broader view:
“How should I approach my tax planning throughout the year so I can better understand, prioritize and control my tax situation?”
This engagement is designed for business owners who need more than a single calculation or year-end review.
Your Plan Is Based on Your Actual Information
The Business Owner Tax Control Plan™ provides tax analysis, projections, education and planning recommendations based on the information available during your engagement.
Tax planning depends on your individual facts, business activity, financial records and applicable tax law.
Your actual tax results may change because of future income, expenses, deductions, credits, elections, payments, business activity, tax-law changes or other circumstances.
Tax Control Group™ does not guarantee a specific amount of tax savings, refund, reduction in tax liability or other tax outcome.
What This Engagement Does Not Include
Your $2,500 Business Owner Tax Control Plan™ does not automatically include:
- Tax-return preparation
- Amended tax-return preparation
- Bookkeeping or bookkeeping cleanup
- Payroll processing
- Payroll tax-return preparation
- W-2 or 1099 preparation
- Entity formation
- Preparation or filing of entity elections
- Legal advice
- Investment advice
- Implementation of recommended strategies
- Tax-account investigation
- Tax-notice response
- Penalty abatement
- Collection matters
- IRS or state representation
If additional services are recommended, the scope and pricing will be discussed separately before additional work begins.
What Should You Have Ready?
Depending on your situation, we may need:
✓ Your most recently filed individual federal and state tax returns
✓ Your most recently filed business tax return, when applicable
✓ Current year-to-date Profit & Loss statement or similar financial summary
✓ Current-year business income and expense information
✓ Wage and withholding information when applicable
✓ Estimated-tax payment information
✓ Information about major business purchases or asset sales
✓ Information about retirement contributions or distributions
✓ Information about significant business or financial changes during the year
Important:
Do not send sensitive documents through ordinary email.
After completing your intake, you’ll be directed to the secure document-submission step.
Keep Your Tax and Financial Information Protected
Tax returns, Social Security numbers, financial statements, bank records and other sensitive information should not be sent through ordinary email.
After completing your intake, you’ll receive instructions for providing the records needed for your Business Owner Tax Control Plan™ through the designated secure client portal.
Let’s Build Your Tax Control Plan
Complete your Business Owner Tax Control Plan™ Intake so we can begin evaluating your tax situation and building your planning priorities.
COMPLETE MY TAX CONTROL PLAN INTAKE