Serving the san francisco bay area + beyond since 1976
Serving the san francisco bay area + beyond since 1976
50
years
EST. 1976
TAX PLANNING + COMPLIANCE
Tax Planning and Compliance
Stay Compliant.
Plan Before the Deadline.
Filing an accurate return is important. But your return records decisions that have often already been made.
We help you look ahead throughout the year—evaluating income, deductions, entity structure, transactions, investments, retirement contributions, real estate activity, andother decisions that may affect your tax position.
For businesses, we coordinate tax planning with what’s happening operationally. For high net worth individuals and families, we consider how today’s decisions may affect the wealth you’re working to preserve.
The goal:
Meet your obligations.
Reduce Surprises.
Identify opportunities.
while you still have time to act.
Tax Planning and Compliance
How We Help With Tax Planning + Compliance
Individual + Family Tax Planning
Coordinate income, investments, equity compensation, charitable giving, retirement planning, trusts, and other financial decisions with your broader tax picture.
Business + Entity Planning
Evaluate entity structure, owner compensation, distributions, retirement contributions,deductions, and other decisions that may affect both the business and its owners.
Year-Round Compliance + Filing
Prepare accurate federal, state, and local tax filings while helping you stay ahead of changing requirements, deadlines, and documentation needs.
Tax Projections + Estimated Payments
Model expected income and tax liability so you can prepare for payments, adjust with holding, and reduce surprises.
Transaction + Investment Planning
Consider the tax impact of business sales, real estate transactions, capital gains and losses, significant investments, and other major financial events before they occur.
Multi-State + Changing Tax Obligations
Identify potential tax exposure when you, your business, employees, investments, orproperty cross state lines.
Frequently Asked Questions
What is the difference between tax planning and tax preparation?
Tax preparation reports transactions that have already occurred, while tax planning looks ahead to evaluate potential tax consequences before decisions are made. B+Co uses income projections, estimated tax calculations, prior-year results, and anticipated transactions to identify planning opportunities and help manage federal and state tax exposure throughout the year.
When should I start tax planning for the year?
Tax planning should happen before major financial decisions and well before year-end. B+Co can evaluate projected taxable income, estimated payments, capital gains and losses, deductions, retirement contributions, business activity, and other transactions while there is still time to consider available strategies.
How can tax planning help a my business reduce its tax exposure?
Planning may include reviewing entity structure, owner compensation, retirement plan contributions, timing of income and deductions, depreciation elections, and available business tax credits. B+Co also considers how business-level decisions affect the owners’individual tax positions so planning is coordinated rather than handled separately.
How can I avoid underpayment penalties and unexpected estimated tax payments?
B+Co can prepare tax projections throughout the year to evaluate federal and state estimated tax requirements, withholding, safe-harbor thresholds, and changes in taxable income. Adjusting estimated payments or withholding before applicable deadlines can help reduce underpayment exposure and avoid a large unexpected balance at filing.
When should I reconsider my business entity structure for tax purposes?
Changes in profitability, ownership, compensation, expansion, or succession plans may mean your existing structure should be reevaluated. B+Co can analyze the tax implications of operating as a partnership, S corporation, C corporation, or other structure, including income taxation, owner compensation, distributions, and potential future transactions.