2020 was not a normal year, so normal year-end tax planning strategies might be out the window. But don't worry; we are here to help.
Between the COVID-19 pandemic, the accompanying economic stimulus packages, and the upcoming presidential election, helping our clients with year-end tax planning could not be more critical this year.
While businesses and individuals are always looking for ways to minimize their tax bills, some standard approaches might not be the best options for this year. But on the flip side, multiple new opportunities are now on the table thanks to new federal tax relief laws.
In the past, we've used a "tax planning guide" filled with a plethora of information, leaving our clients to decipher and determine what may or may not apply to their business or situation. However, at MGA, we know that tax and business planning aren't a one-size-fits-all approach. Therefore, we don't think you should have to take planning advice from a newsletter or article. Let us make the complex simple for you by discussing your actual circumstances.
Click the button below to schedule an in-person meeting or phone call with a member of our team to discuss your real-life circumstances.
MGA has the experts to understand the implications of the complicated changes of 2020, and we are here to help you prepare for what's next. There are many areas of planning that can assist in reducing your 2020 federal tax liability. Let us help you identify those opportunities today.
We don't expect you to know the ins and outs of the changing federal tax relief laws. That's our job.
You still have time to lessen your tax burden for the 2020 tax year, but don't wait! Let's chat and reinforce why MGA is your trusted partner.