Total Wealth Group Announces Tax Advisory Services with Average Savings of $32,000 for Small Business Owners
An Elite Tax Planning Firm Offering Certainty and Clarity in Tax Savings
LOS ANGELES, CA / ACCESSWIRE / June 2, 2024 / Total Wealth Group, an elite tax planning firm renowned for delivering certainty and clarity around taxes, is proud to announce the launch of its comprehensive Tax Advisory Services (TAS) aimed at helping small business owners achieve significant tax savings. With an average tax savings of $32,000 per client, Total Wealth Group is committed to providing tailored tax strategies that ensure clients pay the least amount allowed by law.
Total Wealth Group offers a suite of services designed to provide business owners with customized strategic maps for proactive tax reduction. Our mission is to empower clients with confidence, knowing they are maximizing their tax savings and complying with legal requirements.
Key Tax Advisory Services (TAS) and Strategies:
Entity Election - Guidance on choosing the right entity structure, including S Corporation, C Corporation, and Partnership Entity Elections.
Retirement Strategies - Both individual and business retirement strategies, including Traditional and Roth 401k, Profit Sharing Plans, Cash Balance Plans, and Simplified Employee Pension (SEP).
Augusta Rule - Allowing business rental of primary residence for tax benefits.
Accountable Plan - Ensuring proper documentation and reimbursement for business expenses.
Hiring Children - Leveraging family employment for tax advantages.
Reasonable Compensation - Ensuring appropriate salary levels for tax efficiency.
1031 Exchange - Deferring capital gains taxes on property sales through like-kind exchanges.
Cost Segregation - Accelerating depreciation deductions on commercial properties.
Research & Development Credit - Claiming credits for innovation and development activities.
Qualified Opportunity Zone - Investing in economically distressed areas for tax incentives.
Oil & Gas - Maximizing deductions and credits related to energy investments.
Health Savings Accounts (HSA) - Both individual and business HSAs for medical expense savings.
Dependent Care Credit - Reducing taxes through child care expense credits.
"We are thrilled to offer our Tax Advisory Services to small business owners who seek to optimize their tax liabilities," said Britney Zamora, Director of Communications at Total Wealth Group. "Our approach is tailored to each client's unique situation, ensuring they receive personalized strategies that result in substantial tax savings. Our clients can be confident that they are paying the least amount allowed by law, freeing them to focus on growing their businesses."
Total Wealth Group's innovative and proactive approach to tax planning has already helped numerous business owners achieve financial clarity and substantial tax savings. By partnering with Total Wealth Group, business owners gain access to expert advice and a strategic roadmap to minimize tax liabilities effectively.
For more information on how Total Wealth Group can help you save on taxes, please visit www.totalwealthgroup.com or email britney@totalwealthgroup.com.
About Total Wealth Group Total Wealth Group is a premier tax planning firm dedicated to providing business owners with certainty and clarity around their tax obligations. We specialize in creating customized tax strategies that ensure clients pay the least amount allowed by law, empowering them to focus on what matters most - growing their business.
Contact:
Britney Zamora
Director of Communications
Total Wealth Group
britney@totalwealthgroup.com
(213) 523-7004
https://totalwealthgroup.com/
SOURCE: Total Wealth Group
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