Personalized Pathway to Prosperity

Ready to start this journey? Follow this 5-step process to get started on your way to BIG TAX SAVINGS!

Step 1

Are we the right fit for you? Do you require our specific services?
Do you have a professional annual income of over $400,000 or are you a business owner?
As an independent contractor or professional gambler (Form 1099), do you earn more than $50,000?
Is your annual federal income tax payment typically over $75,000?
Are you a high net-worth individual seeking legal strategies to minimize your IRS payments?
Are you truly prepared to collaborate with a proactive tax advisor year-round?
Do you acknowledge that tax planning services are an investment in your financial future, and not solely for tax compliance?

If you answered YES to the majority of these questions, you are ready for Step 2!

Step 2

Schedule & Attend Your Tax Discovery Session

Before our meeting, we kindly request some preliminary financial information from you, including prior tax return(s), current year business financials or projections, or any relevant documents that will help us gain a deeper understanding of your unique circumstances.

To optimize your potential tax savings, we will review your books and the most recent tax returns. Our first intention is to safeguard against any reactive consequences that can arise from inaccurate tax filings or financial statements.

During our meeting, we aim to establish a strong rapport, allotting ample time to discuss your needs and concerns. We will gather all the necessary information required to assess your tax situation and devise a comprehensive tax planning strategy. Specifically, we will be covering the following points:

We will:

Identifying missed opportunities and exploring new areas for proactive tax strategies and savings
Illustrating how our expertise sets us apart from other tax professionals in the field
Providing clear pricing details and outlining the subsequent steps
Addressing any inquiries or apprehensions you may have
A Proactive Tax Plan is an investment and like any other investment you MUST get a return on your money! We will discuss your potential ROI.

Step 3

The Agreement

You’ll receive a quote and an agreement to review.

The tax planning process is a very time-consuming process of researching strategies parallel to running financial projections so that a projected tax savings can be assessed separately for any strategy suggested.

The tax plan is a unique and stand-alone service that is paid for in full prior to starting the comprehensive analyzation and planning process

If you are a current client of Fox and Associates, or you KNOW you want to utilize the other tax and accounting compliance services we offer, we are willing to roll the cost of the Tax Plan into a monthly maintenance package.

At this point, you’ll have all the information you need to decide whether you want to hire Fox and Associates Inc to provide you with a plan for delivering these tax savings. If everything looks good to you, you sign the agreement, we give you access to your private Client Portal, and we schedule a Deep Dive Session.

Congratulations! You are now a Fox and Associates Inc client. Get ready to start saving!

Step 4

Tax Deep Dive Session/Tax Plan Delivery Session

During the Deep Dive Session, we’ll go much deeper into your numbers, your goals, and your long-term objectives to ensure we have all the information we need to design a plan that will maximize deductions and minimize your tax burden.

Once we are done creating your Tax Plan we will schedule a Tax Plan Delivery Session, where we’ll go over all the details, as well as the pros and cons – and tax savings – of each of the strategies that we recommend. We will also provide you with a very large, and very in-depth report of each and every tax planning strategy that could potentially work for you.

This plan is basically a roadmap of strategies that need to be put into place throughout the year long before the tax filing deadline, as opposed to after the tax year, when you can’t turn back the clock.

Most CPAs and tax preparation companies do not do tax planning. Most specialize in tax compliance, which is just the action of completing and submitting your tax returns after the tax year in question is already in the history books. If you want to keep your current CPA, EA or tax prep firm, you absolutely can. You can use your tax plan and implement whatever strategies you decide on, using any professional you desire.

If you want our help to implement your chosen tax strategies, we can do that too! We offer Tax Maintenance packages that allow individuals and business owners alike to combine the overall costs of all the desired services into a reasonable, fixed monthly service fee, which will substantially reduce the annual “sticker shock” during the tax season.

Step 5

Collaborate to Make it happen!

Your Tax Plan has been designed and it’s time to get ready to implement the strategies

Option 1- As the tax plan is a unique and stand-alone service that we provide, you are free to use ANY financial professionals you desire to implement your desired strategies. In addition, tax laws and strategies change every single year, so we will be here to do it again next year if you so desire!

Option 2 - However, there is always the option to continue with Fox and Associates for the implementation of your plan as well as your ongoing compliance needs. We understand that each of our clients’ situations is different and unique. As a result, we have designed various Tax Maintenance packages to roll a variety of services together for you, based on each client’s specific situation. We package our plans to be affordable then getting a la carte services, and, in most cases, it will pay for itself through the proactive tax planning services.

Together we will personalize a Tax Maintenance Package for you which includes – but is not limited to – the following: