Individual income taxes are probably going to be one of the biggest recurring expenses you will have personally. Snap Accounting focuses on maintaining your books timely & accurately through out the year so we can explore tax planning opportunities as we go.
Tax preparation is done once a year after your year has ended to figure out how much taxes you will owe. Tax planning is done throughout the year to look out for possible strategies to make the smartest tax decisions before the year is over, while staying compliant with the tax laws.
The monthly engagements allow us to use the financial information available to project your current year taxes and suggest proactive strategies to lower taxes where possible. For this reason, we do not prepare tax returns if we did not complete your books.
(*Tax planning & tax preparation engagements available for bookkeeping and complete accounting & tax clients only and not provided as a stand alone service at this time.)