Small business owners who want to be sure they pay the lowest taxes possible can’t hand their accountant a stack of receipts in March and expect them to work magic. The key to managing tax liabilities is proactive planning. Start planning your tax strategy today by working with the specially trained accountants at Cornerstone CPA.
Our advanced education as a Certified Tax Coach means we have the skills to mitigate tax obligations, boost your personal income, and increase profitability for your business.
We’re constantly studying the tax code and developing new techniques that take advantage of every legal means available to save our clients the most money on their taxes.
Through our proven tax planning process, we will provide you with effective tax strategies and actionable steps to minimize your taxes and achieve your financial goals.
First, we’ll set up a convenient time to learn about you and your finances. We’ll ask you about your business, your current financial situation, and your long-term goals.
Next, you’ll complete a brief questionnaire to provide more detail about your investments and your business entities (S Corporation, LLC, Limited Partnership, etc.). We’ll also ask for copies of some of your past tax returns and any other information you can tell us about where your money goes.
Now we get to work! It typically takes about two weeks to create your tax strategy. During our process we’ll evaluate all of your information and consider a variety of techniques for reducing your taxable revenue and income. When your plan is complete we’ll lay it out in clear language and deliver it to you to review. We also schedule a follow-up call to answer any questions or concerns.
As a Certified Tax Coach, part of service includes help implementing your plan. We want you to see big tax savings as planned so we’ll provide the dependable financial guidance and advice you need to reduce your taxes, grow your wealth, and have continued success with your business.
Strategy
Strategy Plus
Strategy Pro
Kick-Off Call
Review Prior Tax Return
Accounting System Review
Two Advisory Calls
Strategy Implementation Guide
Check-in Calls
Semi-Annually
Semi-Annually
Quarterly
Email & Chat Support
Tax Research
On-Demand Phone Calls
Calls with 3rd Parties
Hourly
Document Review
Hourly
IRS Letter Support
Hourly
Hourly – 20% off
Quarterly Tax Estimates
Hourly
Hourly – 20% off
Tax Projections
Hourly
Hourly – 20% off
Tax Preparation
Quoted
Quoted
Quoted
*Requires 12 Month Committment
Strategy
Strategy Plus
Strategy Pro
Kick-Off Call
Review Prior Tax Return
Accounting System Review
Two Advisory Calls
Strategy Implementation Guide
Check-in Calls
Semi-Annually
Semi-Annually
Quarterly
Email & Chat Support
Tax Research
On-Demand Phone Calls
Calls with 3rd Parties
Hourly
Document Review
Hourly
IRS Letter Support
Hourly
Hourly – 20% off
Quarterly Tax Estimates
Hourly
Hourly – 20% off
Tax Projections
Hourly
Hourly – 20% off
Tax Preparation
Quoted
Quoted
Quoted
*Requires 12 Month Committment
Strategy
Strategy Plus
Strategy Pro
Kick-Off Call
Review Prior Tax Return
Accounting System Review
Two Advisory Calls
Strategy Implementation Guide
Check-in Calls
Semi-Annually
Semi-Annually
Quarterly
Email & Chat Support
Tax Research
On-Demand Phone Calls
Calls with 3rd Parties
Hourly
Document Review
Hourly
IRS Letter Support
Hourly
Hourly – 20% off
Quarterly Tax Estimates
Hourly
Hourly – 20% off
Tax Projections
Hourly
Hourly – 20% off
Tax Preparation
Quoted
Quoted
Quoted
*Requires 12 Month Committment
Strategy
Strategy Plus
Strategy Pro
Kick-Off Call
Review Prior Tax Return
Accounting System Review
Two Advisory Calls
Strategy Implementation Guide
Check-in Calls
Semi-Annually
Semi-Annually
Quarterly
Email & Chat Support
Tax Research
On-Demand Phone Calls
Calls with 3rd Parties
Hourly
Document Review
Hourly
IRS Letter Support
Hourly
Hourly – 20% off
Quarterly Tax Estimates
Hourly
Hourly – 20% off
Tax Projections
Hourly
Hourly – 20% off
Tax Preparation
Quoted
Quoted
Quoted
*Requires 12 Month Committment
Email & chat support is provided at no additional charge within your engagement term. We adhere to an established communication protocol to ensure you get the answers you need in a timely manner. Know that not everything is a "quick answer," especially when it comes to taxation. However, we will respond, acknowledge your questions or requests, and provide feedback on our solutions and timelines.
Although we have experience in a wide array of tax situations, we have subscriptions to professional grade research software and publications that provide access to tax court cases, case studies, and advice from other practitioners to help navigate uncommon or complex situations that you may encounter.
On-demand calls are generally brief calls between you and your CPA to discuss an issue that might be better discussed via phone rather than a back and forth conversation via email.
If our firm is preparing your personal tax return, we'll provide you with vouchers that include quarterly estimated tax payments for the following year based on the IRS safe harbor to help you avoid underpayment penalties and interest. However, if you run a business or are liquidating real estate for substantial gain, tax estimates can provide a more accurate estimate of the taxes you'll actually owe in April each year.
These include calls and meetings we need to attend with 3rd parties such as attorneys, insurance brokers, financial planners, cost segregation professionals, and 1031 exchange qualified intermediaries.
This includes time we spend reviewing loan agreements, operating agreements, subscription agreements, option agreements, lease agreements, and proformas.
We will review and prepare a written response to letters received from the IRS or state tax authorities related to your income tax position. If you are being audited by the IRS or state, or if you need us to call the IRS on your behalf to work through a notice you received, we can provide assistance at an hourly rate.
While tax estimates determine the tax you'll owe based on your actual facts and circumstances, tax projections estimate the potential tax consequences of various hypothetical scenarios including engaging in business activities, using a certain strategy to minimize taxes on active income to determine potential ROI, or determine the ideal exit strategy.
Get notified about updates and be the first to know the latest tax news.
We know how to identify special tax credits, uncover hidden deductions, and leverage little-known loopholes to reduce your tax obligations so you pay less taxes significantly.
We know how to identify special tax credits, uncover hidden deductions, and leverage little-known loopholes to reduce your tax obligations so you pay less taxes significantly.
