The High Cost of Tax Mistakes: Vance Wealth’s Solution for Business Owners

The High Cost of Tax Mistakes: Vance Wealth’s Solution for Business Owners

As a business owner, you’re juggling countless responsibilities and striving to grow your enterprise. At Vance Wealth, we understand the challenges you face, and we’re here to ensure that you’re not only growing your business but also taking advantage of every legal tax-saving strategy available.

Unlock Hidden Savings with Vance Wealth’s Tax Due Diligence Process

Did you know that our wealth advisors have been meticulously reviewing returns? Out of the 203 returns analyzed in 2021, we’ve delivered impressive results – saving our clients approximately $162,650 in errors or omissions. How do we do it? Through our tax due diligence process, we identify opportunities that might have been overlooked. Our aim is to give you the peace of mind that comes with knowing your financial life is being quarterbacked by a team of seasoned professionals.

Specializing in Complexity

Business ownership often comes with complexity, especially in the realm of taxes. Our Tax Due Diligence Process aims to help avoid errors and missed opportunities such as:

• QBI Deduction Errors (industry-specific exemptions)
• 401(k) Contribution Issues (Incorrectly capturing Traditional vs. Roth 401k employee contributions, not picking up profit-sharing contributions on the corporate tax return)
• Payroll Optimization Missed (overpaying in self-employment tax, not using payroll to max fund retirement accounts)

These strategies and deductions can be a game-changer potentially leading to substantial tax savings.

Your Trusted Partners in Financial Success

We’re not just number crunchers; we’re your partners in financial success. Our target audience? Business owners like you who want to ensure they’re leveraging every tax-saving opportunity they’re entitled to. Whether you’re a seasoned entrepreneur or a delegator aiming to focus on business growth, we’re here to make sure your financial strategy aligns with your goals.

Take Action Today: Your Tax Review Awaits

If you are like many people, you rely on a team of one – your accountant – to prepare your tax return each year. Then, when it comes time to review that return, you give it a quick glance and sign it – without actually knowing what it says.

Are you ready to uncover potential errors or missed opportunities in last year’s tax return? Schedule a consultation with us. Our comprehensive review aims to identify areas for improvement and optimization. Our services often pay for themselves, putting more money back into your pocket where it belongs.

Don’t let complex tax regulations hold you back from your full potential. Let Vance Wealth navigate the intricacies for you, ensuring that you’re making the most of every opportunity.

Click here to contact us today to schedule your tax review and take the first step toward financial empowerment.

All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information, and it should not be relied on as such. The information provided is for educational and informational purposes only and does not constitute advice. Vance Wealth does not provide tax or legal advice. You should contact your tax advisor and/or attorney before making any decisions with tax or legal implications.