I appreciate working with Cook Martin Poulson as my tax advisor. I know they are doing everything they legally can to make sure I pay the least amount of tax possible.
The professionals at Cook Martin Poulson, P.C. are proactive, not reactive. At CMP, we pride ourselves on helping clients minimize their income tax burdens by actively pursuing tax reduction strategies.
There is no cookie cutter approach to planning. Each taxpayer has different circumstances that require a customized tax approach. We learn as much as we can about our clients and their industry so that we can apply an applicable tax code that minimizes their tax liability.
The tax laws are ever-changing, and we keep abreast of all the changes so that we can educate our clients with blog posts, video posts and educational meetings. We want to make sure that our clients prepare for every change that may impact them. We can assist you with:
– During the fall, we start tax planning to ensure that our clients have taken advantage of tax-saving strategies during the year. CMP has developed a checklist that helps our tax professionals and the clients they assist pinpoint each tax planning strategy, guaranteeing the lowest possible tax bill in April.
Transaction Tax Planning
– At one time or another every taxpayer will encounter an unusual tax situation. Examples of this may include selling an investment, buying an investment, starting a business, exercising employer stock options, selling a closely held business, etc. Through proper planning, clients may structure their transaction to save or postpone taxes. We encourage our clients to consult with us whenever they face something out of the ordinary that may have a taxable consequence.
Retirement Tax Planning
– Retirement is a major life-changing event that must be navigated carefully. The professionals at CMP work with a team of attorneys and financial planners to help retirees make the right financial and tax decisions. We love helping clients meet their retirement goals and protect the assets they have worked so hard to accumulate.
– Picking the correct business or investment entity is critical to minimizing income, and determining estate taxes. Whether you are setting up an S-Corporation, LLC or Partnership, we can help you choose the proper legal entity to minimize tax and limit liability. CMP has developed new business startup checklists for Sole Proprietorships, LLCs/Partnerships and S-Corporations to help clients navigate the intricacies of each tax situation.
Proactive Income Tax Planning Advisors: