2003 Tax Planning

Although taxes are inevitable, strategic planning can significantly reduce the amount you owe.  And the more you know about the strategies available, the more effective your plan will be.

Are you taking full advantage of the new tax law to minimize your taxes?

The Jobs and Growth Tax Relief Reconciliation Act of 2003 reduces rates and provides many other ways to save income tax. Unfortunately, it also creates a bewildering complex of new rules, retroactive rate changes, depreciation bonuses, phase-in/phase-out dates and other confusing provisions. To benefit fully, you may have to rethink your current strategies and act quickly to seize opportunities before they expire.

This is where the CBAJ team can help. Our professionals are fully familiar with the latest tax laws and can show how to make them work for you.  As we practice it, tax planning is more than simply filling out your returns. It’s a powerful tool for helping you achieve your goals of maximizing your income, putting away enough money for your children’s college education, ensuring a secure retirement, and protecting your wealth from estate and other taxes.

Please take a moment to review our complimentary 2003-2004 Tax Planning Guide.   It presents an overview of the new law and discusses proven ways to reduce your personal and business tax liability. Note which of the strategies and tax law provisions we describe apply to your situation or that you would like to know more about. Then call us with any questions you may have about these or other tax matters.

But don’t delay. To save the most, you may have to act before the end of the year. And the earlier you begin, the sooner you can start reaping the benefits of careful tax planning. So call or email us today to find out how our proven expertise can help you make the new tax law work for you.