Strategic Tax Planning
for Long-Term WealthMonthly Accounting
for Business OwnersAudit Defensible Tax Returns
for High Income Individuals
Featured In
Built for Financial Lives That Aren’t Simple
Strategic tax planning for high-income professionals with real complexity.
Overpaying $30k+ in taxes?
High-Income Earners
We specialize in advanced tax strategies for high-income complexity—not vanilla returns.
Trapped Passive Losses?
Real Estate Investors
Turn your portfolio into a tax shelter with Cost Segregation and Real Estate Professional Status.
Taxes eating your profits?
Business Owners
Reduce liability with S-Corp optimization, reasonable comp analysis, and strategic entity structuring.
Our Core Services
Proactive, year-round partnership.
Stop overpaying
Tax Planning
Reduce liability before year-end with forward-looking tax strategies.
Peace of mind
Tax Prep
Compliant, accurate filings for complex personal and business returns.
Financial clarity
Bookkeeping
Stay audit-ready with monthly reconciliation and financial statements.
Scale your business
CFO Services
Financial forecasting, KPI tracking, and strategic growth guidance.
The Cost of Doing Nothing
Most high-income earners are overpaying by $20k - $100k+ annually simply because they rely on "filing" instead of planning.
Overpaid SE Tax
Missing S-Corp election leads to paying 15.3% on 100% of income.
Missed Depreciation
Failing to perform cost segregation on real estate assets.
Audit Risk Exposure
No defense strategy for high-risk deductions or entities.
Choose Your Engagement
From simple compliance to full-service strategic partnership.
Proactive Planning
"Help Me Plan"
- Everything in Compliance
- Annual Planning Meeting
- Tax Projection Included
- Email Support
Strategic Partner
"Handle It All"
- Everything in Proactive
- 4 Quarterly Meetings
- Unlimited Priority Access
- Dedicated Advisor
Powered By The Best
We leverage industry-leading technology to ensure accuracy, security, and efficiency.
QuickBooks
Cloud Accounting
Real-time financial tracking with automated bank feeds and monthly reports for all of your small business accounting needs.
UltraTax CS
Professional Tax
Taxstra uses UltraTax CS, an industry-leading tax preparation software for complex returns and multi-state filings.
TaxDome
Secure Portal
Our premier online portal with bank-level encryption for document sharing, e-signatures, and client communication.
ADP
Payroll Services
We partner with ADP to provide full-service payroll processing with tax deposits, W-2s, and compliance handled.
Engineered Tax
Cost Segregation
We partner with Engineered Tax Services to provide specialized real estate studies to accelerate depreciation and maximize deductions.
Common Questions
Everything you need to know about our process
What services does Taxstra provide?
Taxstra provides comprehensive tax preparation, strategic tax planning, bookkeeping, payroll services, IRS representation, and specialized consulting for real estate investors, physicians, and business owners.
How is Taxstra different from other CPA firms?
We specialize in proactive tax planning, not just filing returns. Our team focuses on high-income professionals and real estate investors, using advanced strategies like cost segregation, entity optimization, and the STR loophole to legally minimize your tax burden.
What is the difference between tax planning and tax preparation?
Tax preparation is the process of filing your annual return based on past events. Tax planning is a proactive approach where we strategize throughout the year to minimize your future tax liability.
Do you offer remote tax and accounting services?
Absolutely. We utilize secure client portals (TaxDome) and video conferencing to serve clients across all 50 states, making it convenient to work with us from anywhere.
What is the process for becoming a new client?
We start with a 30-minute Strategy Call to understand your needs. If we're a good fit, we perform a Deep Dive analysis of your prior 2 years of returns to find missed opportunities, then build a custom Tax Plan and handle your filings year-round.
How do you determine your fees?
Our fees are based on the complexity of your situation and the forms required. We provide transparent, upfront pricing and will give you a detailed estimate before we begin any work. No surprises.
When should I start tax planning?
The best time is now! Effective tax planning is a year-round activity. The sooner you start, the more strategies become available to you. Waiting until December limits your options significantly.
Do I need to pay estimated taxes?
If you expect to owe at least $1,000 in tax after subtracting your withholding and refundable credits, or if you are self-employed, you generally need to make estimated tax payments quarterly to avoid penalties.
How can I save for retirement while lowering my taxes?
Contributing to tax-advantaged retirement accounts like a 401(k), SEP IRA, Solo 401(k), or Traditional IRA can reduce your taxable income for the year while helping you build a nest egg for the future.
Should I form an LLC or an S-Corp?
It depends on your income level, business goals, and liability concerns. An LLC offers flexibility and protection, while an S-Corp can provide significant tax savings on self-employment taxes for profitable businesses (generally above $50-70k net income).
Can you represent me in an IRS audit?
Yes, as Enrolled Agents and CPAs, we are fully authorized to represent taxpayers before the IRS. We can handle all communications, attend meetings, and negotiate on your behalf so you never have to speak with the IRS directly.
What should I do if I receive a notice from the IRS?
Don't panic, but don't ignore it. Send a copy of the notice to us immediately. We will review it, explain what it means, and help you draft the appropriate response within the required timeframe.
How long should I keep my tax records?
The IRS generally recommends keeping tax returns and supporting documents for at least three years. However, for property, business assets, or if you underreported income by more than 25%, you should keep records for 6-7 years.
Why is bookkeeping important for my business?
Accurate bookkeeping ensures you have a clear picture of your financial health, makes tax filing easier and more accurate, helps you manage cash flow, and is essential if you are ever audited.
Can I deduct my home office expenses?
If you use a portion of your home exclusively and regularly for your business (and you're self-employed), you may be able to deduct a percentage of your home expenses, such as mortgage interest, insurance, utilities, and repairs.
How is cryptocurrency taxed?
The IRS treats cryptocurrency as property. This means you may owe capital gains tax when you sell, trade, or spend crypto if it has increased in value since you acquired it. We help track and report all crypto transactions.
What documents do I need to provide for tax preparation?
We'll need W-2s, 1099s, investment statements, property records, business income/expense summaries, prior year returns, and any relevant receipts. Our secure client portal makes uploading documents easy.
Do you offer payment plans for your services?
Yes, we offer flexible payment options for our tax planning and preparation services. We can discuss payment arrangements during your initial consultation to find what works best for you.
What is the SALT cap and how does it affect me?
The State and Local Tax (SALT) deduction is capped at $10,000 for individuals. This significantly impacts high-income earners in high-tax states. We use strategies like PTE elections and business structuring to work around this limitation.
Can you help with back taxes or unfiled returns?
Absolutely. We specialize in helping clients get caught up on unfiled returns and negotiate with the IRS on back taxes. The sooner you address this, the more options are available to resolve the situation.
Ready to Stop Overpaying?
Book a free 30-minute strategy call. We'll review your situation and give you actionable steps.
Schedule New Client Call