Tax Planning / Estimated Tax Payments - Valiante Tax and Financial Management

TAX PLANNING
&
ESTIMATED TAX PAYMENTS

Benjamin Franklin is quoted as having said, "Failing to prepare is preparing to fail." In Tax, our quote is similar "Failing to Plan is a Plan to Fail!"

It all starts in seeing where you ARE AT with your Employee Income / Paycheck Earnings with your W-2 from your Comapny that you work for.
Or where you are NOT AT when it comes to your Withholding (W-2) Employee for both Federal & State, if your Withholding is SHORT.

Or where you ARE AT or NOT AT when it comes to your 1099-NEC Income / Earnings. As a Sole Propietor or as Self-Employed that gets 1099'd, you'll need to have a Tax Plan created to make sure that you are Withholding the correct amount in order to pay your taxes.

Here is a reminder (if you know already) or eye-opening information if you DO NOT know... but you do have to pay both sides (Company Employer side & also Employee side) of your Social Security & Medicare. Many people do not realize with a W-2 Job, the Employer pays their portion of Social Security & Medicare for the Employee, and the Employee pays their share portion. When you are Self-Employeed / 1099's you pay both sides portions for SS & Medicare.

Having a Tax Plan Strategy and then establishing making the necessary Quarterly Estimated Tax Payments is highly important to remain in compliance, and in their good graces with the IRS and the California FTB - Franchise Tax Board. Making on-time Quarterly Estimated Tax Payments will eliminate the late filing fee they charge you on your Tax Return for not making any Estimated Tax Payments. When you do, you will not get penalized on your Tax Return.

Making a TAX PLANNING AAPOINTMENT with Valiante Tax & Financial Management is the first step to create a Plan for your taxes.

Meeting with Jason Valiante to create your Tax Plan and know what you need to do throughout the year... PRICELESS! If you don't it could be expensive.

WHY CHOOSE US FOR YOUR TAX PLANNING

Tax Planning Made Easy

We will come alongside you to take the guess work out of the taxes that you may end up owing.

We obtain the needed Income information from you to create a Tax Plan that will ensure you are Withholding the proper amount of taxes with your Company Employer thru an updated W-4 that you will provide to them.

Or we will obtain the Income from you for your Sole Prop / Self-Employeed / 1099-NEC Income, to create a Tax Plan ensuring you know the estimated % of your Income that you need to withhold for taxes, and to provide you with the Quarterly Estimate Tax Payments that you should make.

If you get a raise at work, receive a large bonus, grow your business, or earn more income that you or we planned, then we will relook at the impact to see if a) you move into the next tax backet with higher taxes, or b) how much more in increased estimated taxes that you should be paying.

Taxes: Accurate & On-time

Our approach is proactive.

We contact you early in January each year via: phone calls, emails, texts and even through our Secure Encrypted Client Access Portal Verifyle.

Our Types of Appointments:

You can schedule an In-Person appointment for the date & time that is convenient for you by calling us.
Others of you will schedule your appointment directly from our website: www.valiantetfm.com and schedule your appointment at a time convenient for you for either In-Person or via Zoom.

Delinquent Taxes - Back In Control

So you filed your Tax Returns, yet were not able to pay the monies owed to the I.R.S. for certain years.

We can review your situation and work to provide you options to get back on track and caught back up with the I.R.S. We will work on your behalf to provide a Solution that works for you and that the I.R.S. will accept as well.

The I.R.S. wants to get paid. So the I.R.S. can and will place liens and levys on your assets, as these are options that can result, if not dealt with or ignored. DON’T IGNORE THEM!