Tax Planning

Because we are focused on your financial health,
we approach tax planning as “savings preparation.”

We offer event-driven and comprehensive tax planning as a service to our clients so they receive the best professional and technically innovative advice available, and in a timely manner. Taking a proactive approach to your taxes can reduce your tax liabilities, saving you valuable time and money.

Event-Driven Tax Planning
When considering purchasing equipment or large transactions, let our team assist you through navigating the tax implications of these decisions with our event-driven tax planning. Other life events including starting a new business, buying or selling property, or taking a distribution from your retirement accounts would also be well-served from this type of tax planning.
Comprehensive Tax Planning

Rather than rushing to complete tax return paperwork on a deadline, we start early with our comprehensive tax planning service. Throughout the year, we look at our clients’ financial statements so they have time to make changes, ensure there is enough federal withholding paid in, and address end-of-year spending. Clients of Crippen & Co. take advantage of our mastery of the current tax legislation and regulations by allowing us to assist them in comprehensive tax planning that utilizes optimal strategies tailored to each client’s unique situation.

Tax Projections

One way our firm can assist you in your tax planning is by providing tax projections in the fall. Once your tax projection is completed, whether for you or for your business, you will have the peace-of-mind knowing where you stand before completing the fourth quarter. While your salary or income may not have changed, other factors can impact your tax burden or your tax rate. Let a team member at Crippen & Co. determine the best ways to mitigate your tax liabilities.

Estimated Tax Payments
The IRS requires taxpayers to remit estimated tax payments on income that is not subject to tax withholding throughout the year. We help you understand the process and ensure you meet the quarterly deadlines as payments come due. Failure to pay these payments can lead to penalties, but with proper guidance and planning with Crippen & Co., you can have peace-of-mind that your estimated tax payments are handled efficiently and correctly.

We balance business and personal needs for our clients who are sole proprietors or involved in closely-held businesses and startups by helping them make choices that benefit both their businesses and personal lives.

For our clients involved in long-term business planning that includes tax planning, we maintain excellent relationships with attorneys and lenders so that we can be a valuable part of their team year after year.