Stop losing tens of thousands of dollars every year due to overpaid taxes! Act now and seize the biggest money-saving opportunities available to you.
Game-Changing Tax Planning for Self-Employed Individuals
Get your personalized tax planning that puts thousands of dollars back in your pocket.
Start early to unlock the magical power of actionable tax strategies to slash your tax bill!
Estimate Your Tax Saving
Take control of your taxes
Hassle-free
The simplified tax-planning process with a clear roadmap save you time and effort.
Actionable steps
Realistic plan with functional tax-saving tactics tailored to your tax situation.
Avoid surprises
Predict your annual tax bill and make accurate estimated payments.
Audit-proof
Prevent costly audit risks with legitimate strategies and proper documentation.
Outsmart the complex tax code
The complete tax code is estimated at around 70,000 pages. The 3-step simplified tax planning process helps you to choose your perfect strategies easily.
How the tax-planning saves you money?
There is no one way to file your taxes. Timing and right strategies make a huge difference.
Here are some of many tax saving strategies.
Perfect business structure design
Choosing the right business structure can help you pay less taxes and save a lot of money. For example, using S-corp the right way at the right time can eliminate more than half of your self-employment tax.
Unlock your legitimate tax deductions
Discover powerful tax-saving opportunities. E. g. your home can provide significant tax deductions through accountable plans, tax-free rent from your business, and turn your commuting into auto deductions.
Progressive tax filing throughout the year
Accurate estimated tax payments prevent penalties and interest. Underpaying may surprise you during tax season. Overpaying may cause financial strain. Deduct your state tax by choosing PTE.
Take the right action right time
Deduct prepaid expenses by paying in advance for goods or services with a useful life of one year or less. Keep records, allocate deductions for expenses spanning multiple years.
The right retirement plan
Save money by investing in retirement accounts. Contributions are tax-deductible, and earnings grow tax-deferred, providing potential long-term growth while lowering current tax liability.
Start Early to Unlock Opportunities
Don’t wait until tax season to save on taxes. Tax season is for filing the tax return. Start tax planning early for more opportunities to save money.
Frequently asked questions about tax-planning
What is tax planning?
Tax planning is the process of organizing your finances and making strategic decisions to minimize the amount of taxes you have to pay.
Key benefits of tax planning
The benefits of tax planning include:
- Maximizing tax savings.
- Reducing tax liabilities.
- Optimizing financial resources.
- Avoiding penalties.
- Achieving overall financial goals more effectively.
What are the disadvantages of tax planning?
Potential disadvantages of tax planning include complexity, time commitment, costs, uncertainty, and the risk of overemphasizing tax savings. However, NumberSquad offers actionable tax-planning and an all-inclusive tax service package that makes it easy for self-employed individuals to save on taxes and stay compliant.
