Dubrow CPA’s Key Reminders & Tax Savings During Troubling Times
August 31, 2015
Skylar Dubrow, CPA
Blog
August 31, 2015Skylar Dubrow, CPABlog
It seems like every end-of-summer brings a similar refrain, just with different details. These past few weeks, we have been “blessed” with:
Iran and nuclear weapons.
Greece, the deteriorating European Union, and signs of serious shakiness in Chinese markets. (Indeed, as I write this on Monday, the Chinese markets have dived 9 percent, and the dollar is taking a tumble too.)
Continued social upheaval at home, and on the border. Prominent public figures caught out in deception and terrible behavior.
Presidential campaign silliness, and the political chaos to which we’re all about to be subjected for the next 15+ months.
And in the middle of it all, we’re all facing our own private fears, struggles and frustrations.
So … may I (once again) remind you of a few things?
Dubrow CPA’s Key Reminder #1: What you choose to “ingest” over these next weeks will greatly impact your state-of-mind. Garbage in, garbage out, as they say. And, of course, the opposite is true — when you surround yourself with excellence and clear-eyed determination, you find that your heart and mind carry much greater strength.
Temper your media intake this week, as most of those outlets are (quite literally) merchants of fear.
Dubrow CPA’s Key Reminder #2: The financial markets are driven by emotions — and by complicated algorithms that react on a hair-trigger to economic disruptions. Truly, the only thing certain about the stock market is that it’s volatile. So those of you with many assets resting there, don’t make moves out of panic. Sit down to discuss a tax-advantaged strategy … not a knee-jerk fear response.
Dubrow CPA’s Key Reminder #3: The only thing you can truly control is yourself. You can’t control the market, you can’t control our foreign affairs (unless, of course, Mr. Kerry or Obama are somehow reading this — perhaps you guys can!), and there’s a real sense in which you can’t even, really, control your salary and income.
So, with those key reminders in mind, here’s what I suggest:
Let’s take a look at how things are set up (tax wise) for you and your family for the rest of 2015. With school coming back, it is the perfect time to carve out some time to take a clear-eyed look at things, and plan for the best tax savings as absolutely possible, and other financial moves.
Call my office this week: (818) 889-7285 (or email me by clicking the button at the top of this page) and request one of our limited 2015 Tax Planning Saver Sessions. During this session, we will analyze your current situation and identify clear action steps for the last quarter of 2015 — designed to save your bottom line hundreds (or even thousands).
You CAN control your tax strategy … and we can help.
Until then…
Skylar Dubrow CPA
(818) 889-7285
The Dubrow Group, CPAs
Preparing a correct and accurate tax return is our priority. We proudly stand behind our work and if a mistake does happen that is our fault, we will immediate correct the mistake and gladly refund your money if requested.
If any penalties or interest are incurred due to our mistake, we will do everything we can to fix the problem and cover any penalties should they arise.
We feel so confident in our processes to account for all deductions and uncover hidden deductions that we guarantee that you will pay the lowest amount of taxes legally possible. We spend a good amount of time correcting and fixing other so called tax pros mistakes and oversights.
We are so committed to giving out clients the best service. We do this by taking thte time to understand our clients situation and asking the right questions to make sure every deduction is accounted for. And remember we work for you, NOT the IRS.
Not only do we prepare an accurate tax return, we will inform you of tax saving strategies and best record keeping practices should we see fit.
Starting January 1, 2017, all our returns come with our “Silver” Stress Free Audit Insurance, FREE with paid tax preparation. Our Silver package includes our full support when handling IRS and State Notices for the 2016 tax year. If you receive a notice, send it to us and we will work with you to organize the required documentation and we will respond to the IRS on your behalf.
“Many tax experts are predicting an increase in IRS audits (because of the system automation), as well as an increase in audits by the state”
Our Gold Package adds our representation for an actual IRS audit for the current year. Whether it be an “audit by mail”, or an actual audit at one of the IRS locations, we will work with you to compile all the necessary documentation and represent you in front of the IRS for no additional charge. Our fees to represent our clients in an audit scenario can range from $1000- $2500 & up depending on time and complexities.
Our Gold option is an optional add on service & not included with regular tax preparation. Gold protection covers the current tax year only regardless of when you get audited.
The IRS and state authorities are behind in auditing tax returns and matching reporting documents to tax returns.They are currently working on 2012 & 2013 years.
Our Platinum level package covers you for a period of 7 years. It Is just like our Gold package, but it includes the currtent year and 6 prior years. We will provide audit coverage for prior years tax returns, even if we did not prepare them.
How is that for taking care of our clients! Once the Platinum level package is purchased, only the gold level will be required in future years as the previous years have been protected by the one time Platinum purchase.
