Are Taxes Too High This Year? - Tax Overpayment | Blog

Tax Advisory vs. Tax Preparation

Worried about tax overpayment? Every year we help our clients perform proactive tax planning on each of these categories:

  • Deductions
  • Legal Entity Design
  • Retirement
  • Tax Cuts & Jobs Act (TCJA), FFCRA, and CARES Tax Acts
  • Insurance & Asset Protection
  • Legal Loopholes
  • Niche-Specific Strategies
  • Advanced Strategies
  • International
  • Asset & Gift Freeze
  • Tax-Advantaged Wealth Management
  • Exit & Capital Gains

And when we perform this analysis, we review:

  • Prior year estimated overpayment
  • Current year estimated overpayment
  • Future year estimated overpayment

And almost 100% of the time, people are overpaying each year.


There is a difference between tax planning, what we do and what the average tax preparer does for their clients.

Tax Planning: The process of looking at a person’s life, business, and regulatory requirements to legally reduce taxes.


Tax Preparation: Review the year’s financial results and prepare tax returns for submission to the IRS.

And we do both.

Have you done a complete tax planning analysis with your accountant? If not… we need to talk ASAP: [schedule a time here]