We now offer E-File to speed refunds & eliminate paper filing
Willoughby & Company, Inc., provides preparation of tax returns for individuals, corporations, partnerships, and fiduciaries. However, preparing tax returns at the end of the year is only a small part of high quality tax service. We take great pride in being able to stay abreast of changes and advise clients of these changes. The professional staff regularly attends seminars and constantly monitors emerging tax issues to maintain a high awareness to tax law changes. Proper analysis and planning throughout the year is an integral part of minimizing a client's tax liability. The following is an abbreviated list of tax planning items that should be reviewed with a tax professional each year:
Employing family members in business
How to obtain 100% health insurance deduction for self-employed individual
Benefits of SEP or SIMPLE Retirement Plans
Benefit of IRA contributions
ROTH IRA considerations
Maximizing write offs for new equipment purchases
Proper entity selection to minimize taxes
Credit for Higher Education Expenses (College)
Use of college savings plan (529 Plans)
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ideas that apply to you