Tax planning is an essential element of the tax preparation process. The goal of tax planning is to allow you to pay the least amount of tax you are required to pay by law.

At Lom, Enerson, & Gunderson Tax Services, we strongly believe that tax planning is an essential tool the American business owner can use to help secure the businesses financial future. We stress to you, the taxpayer, the importance of short term as well as long term tax planning and how it helps attain your financial goals!

We guide our clients through a full range of tax planning and preparation decisions with strategies that minimize both your current and future tax liabilities, maximize your cash flow, and keep you on track to your financial goals.

Proper tax planning can achieve the following goals:

• Lower this year’s tax.
• Reduce your tax in future years.
• Maximize the tax savings from allowable deductions.
• Take advantage of available tax credits.
• Maximize the amount of wealth that stays in your family.
• Avoid penalties for underpayment of estimated taxes.
• Free up cash for investment, business or personal needs by deferring your tax liability.
• Manage your cash flow by projecting when tax payments will be required.
• Minimize potential future estate taxes so you can leave the maximum amount to your beneficiaries (and/or charities) rather than the government.
• Maximize the amount of money you will have for your retirement and education funding for your children.

We are available to meet with you, one on one, at various times each year to sit down and discuss your individual goals and plans.

You work too hard to pay more taxes than you are required to do. So the best choice is to seek tax planning advice from an experienced tax consultant who can help you to use the laws and regulations to your advantage.

If you’d like to receive more information about our Tax Planning Services, contact Lom, Enerson, & Gunderson Tax Services for your free initial consultation at (763) 712-0300!