IDS Explores: Strategic Tax Planning

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Transcript of IDS Explores: Strategic Tax Planning

Page 1: IDS Explores: Strategic Tax Planning
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Business Consulting

Business Valuation

Financial Planning

Fraud Examination and Investigation

Strategic Tax Planning

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1. The process of implementing tax strategies and guidelines into a business

2. Setting a business up for success with all tax-related issues

3. The goal is to set up a solid plan that maximizes financial benefits and minimizes risks

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DON’T implement a strategy that is high-risk and designed only to maximize profitsBE PREPARED for audits and other legal inquisitions at all timesSET UP a tax plan that has your financial interests in mind

FORGET about taking risks in this area of business

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Every business has to deal with taxes, and waiting until the last minute is never a good plan

Tax strategy planning is offered by professionals who understand the tax implications and guidelines in the business world

A consultant will review your finances and business decisions, and then provide their own suggestions for a strategic tax plan

Once you agree on a plan, consultants will assist in implementation

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Federal and State audits and inquiries

Fines, penalties,

and additional

fees

Loss of depreciation

values

Not maximizing deductions

Affects cash flow

Affects investments and losses

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IDS Consulting offers professional tax

planning services to ensure that your

business is prepared for all tax

obligations and legalities

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Reduce tax liability

Reduce profits lost as a result of poor or no prior tax planning

Set companies up for success with Proactive Audit Readiness

OUR GOALS:

International Development Services is Your Source for Business Consulting, Financial and Tax Planning and More!

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