Horizon Tax Advisors

Proactive Tax Planning for Maximized After-Tax Income

Horizon Tax Advisors emphasizes that strategic planning is crucial for successfully and legally reducing tax liability. This firm moves beyond basic tax compliance, proactively recommending tax-saving strategies designed to maximize clients’ after-tax income. This comprehensive approach involves the proper selection, implementation, and ongoing maintenance of a client’s business structure and operations. This group is committed to creating a customized tax strategy, complete with a step-by-step action plan for effective implementation.

Key Tax Saving Strategies Utilized

This company employs a variety of tax-saving strategies to benefit its clients. These include recommending or reviewing the taxable entity type for businesses, as well as splitting income among several legal entities to ensure proper categorization and taxation in the correct bracket. The firm also focuses on shifting income or expenses from one year to another to achieve the lowest applicable tax rate.

Further strategies involve deferring tax liabilities through strategic investment choices, such as pension plans and other retirement plans. Horizon Tax Advisors also utilizes specific investments to generate income that is exempt from federal, state, or both taxing entities, and maximizes the use of previously incurred losses for both ordinary and passive income.