November 30, 2023
Offering professional and diligent care to my clients tailored for their specific needs and goals whether it be tax compliance in meeting tax due dates or pre-planning to save you tax dollars or in meeting your current and future goals as you go through life cycles is what I pride myself in.
Currently I am not engaging any new clients. After more than thirty-five years of public accounting service I am transitioning towards retirement. I would like to thank all my prior clients for the the mutually beneficial relationship and friendship that we experienced together. I am looking forward to the new chapters of what post-retirement might bring.
There are resources listed throughout my website that will still be available for your access and use. You can refer to the prior tax update page, read through the current and prior month's newsletters and for additional outside information view the links to other outside sources.
Now is a great time for tax planning and reviewing your financial goals for 2023 and beyond. For me, it is also a time to get in as much professional continuing education as I can to learn all of the nuances of the new tax reform law and new recently passed tax legislation as well as keeping tabs on any new accounting changes released by the FASB's Accounting Standards Codification and any technologies that will assist me in my current client services.
CURRENT OR LONG RANGE TAX PLANNING
Now is the time to consider consulting with a seasoned professional that can assist you with planning opportunities and tips for saving tax on your tax bill. Depending on your tax bracket (new brackets are applicable due to the Tax Reform Act) there are moves you can make to perhaps defer income and accelerate deductions that will keep you in a lower marginal tax bracket depending on your financial circumstances from year to year. A few strategies might be gifting appreciated stock, bunching charitable deductions every other year to itemize in one year and take the standard deduction the alternate year or if you are required to take an RMD from your IRA taking advantage of qualified charitable deductions (QCD) made directly from your IRA. Business owners can also take advantage of strategies in their acquisition of business equipment or making other business decisions as well.
Consultations for advance tax and financial planning should be made for any big moves in your life whether it is purchasing a home, sending off your high-school graduate to college, setting up targets for retirement or starting a new business venture. Oregon Society of CPAs has a referral data base of local CPAs that are taking on new clients. You can also use any of the resources within this website.
Our Online Office brings financial services directly into your home or business enabling you to more actively participate in your financial management. You can:
Use the Financial Calculators to assist you in tax planning, saving or financial planning for retirement or college, business planning and evaluation, loan options for vehicle or home financing or other personal finance calculators such as home or student budgets, credit assessment, credit card payoff or net worth.
Stay Alert to tax and accounting news by reviewing the monthly client newsletter offering tax and financial tips as well as interesting articles in this area.
Access the Client Area for secure file transfer of sensitive information. After clicking on the Client Area you will have access to my Firm Files transfer Service. Register as a user and login to upload your confidential documents to get your information to us securely.
Review Tax and Financial Topics of Interest in the Latest News and Announcements section of our site.
Please browse the pages of this site and feel free to e-mail any questions, suggestions or other feedback. Visit often as current news impacting your financial situation will be outlined here.