Tax planning is the process of analyzing your financial situation and making intentional decisions to reduce your overall tax burden. It’s not just about filing a return — it’s about preparing in advance so that when tax season arrives, there are no surprises. Effective tax planning helps individuals and business owners align their income, deductions, credits, and timing to minimize what they owe and maximize long-term savings.
The timing of income, expenses, and large purchases can significantly affect your tax liability. Tax planning may involve shifting income to a future year, accelerating deductions into the current year, or deferring major purchases. These timing decisions can reduce taxes owed and improve cash flow. Trigili, CPA, helps clients apply these strategies based on their personal goals, tax bracket, and projected income.
For individuals, tax planning involves reviewing employment income, retirement contributions, education costs, and potential deductions. Contributing to traditional IRAs or employer-sponsored retirement plans can reduce taxable income. Planning for healthcare expenses through HSAs or understanding how life events — such as marriage, divorce, or the birth of a child — will affect your return are also key components of the process.
Business owners often have more flexibility in tax planning but also more complexity. Trigili works with sole proprietors, LLCs, and corporations to evaluate expenses, track depreciation, manage estimated taxes, and consider entity structure changes that may offer better tax treatment. Business tax planning includes reviewing quarterly performance, projecting year-end income, and exploring deductions such as equipment purchases, home office use, and mileage.
Part of effective tax planning is avoiding underpayment penalties. For those who don’t have taxes automatically withheld — such as freelancers or retirees — quarterly estimated tax payments are often required. Trigili helps calculate these payments based on current earnings and anticipated deductions. For employees, adjusting W-4 withholdings midyear can help avoid owing taxes in April or receiving overly large refunds.
Tax laws can change from year to year, and new credits, limits, or deductions may become available. Trigili stays current with IRS updates and monitors changes to federal and state tax codes. This ensures clients receive timely advice and can act proactively rather than reactively.
Tax planning isn’t a one-time event. Trigili offers year-round support, checking in with clients as financial circumstances evolve. Whether it’s a job change, a real estate transaction, or an unexpected windfall, tax planning helps ensure decisions are made with full understanding of their consequences.
Those who engage in proactive tax planning are better prepared, more organized, and often pay less in taxes over time. They avoid last-minute filing stress, reduce audit risks, and make more informed financial decisions. Working with a CPA gives you access to insight that goes far beyond basic tax filing — it creates a strategic advantage that builds year after year.
Whether you're behind on taxes, launching a business, or just need better financial guidance — you don’t have to figure it out alone. Trigili CPAs & Consulting is here to help.
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Trigili specializes in helping freelancers and business owners keep more of what they earn, legally and confidently.
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Yes — Trigili builds relationships, not just returns. Tax planning is a key part of what she offers.
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