Tax accountant, Harvey Koehler, reveals how small business owners can pay less tax and make more money in Broomfield, CO

Harvey D. Koehler a tax accountant in Broomfield, CO has just revealed how he is helping small business owners reduce tax and make more money using a 3 step strategy. For information visit https://www.harveythetaxman.com/

Broomfield, CO, United States - December 4, 2017 /MM-REB/ —

Tax expert and IRS tax resolution leader Harvey D. Koehler at Harvey The Tax Man has just revealed the steps involved in helping his small business clients pay less tax and make more money.

For more information visit https://www.harveythetaxman.com/

With more than 30 years of experience, the biggest problem Mr. Koehler sees among his clientele is that they are paying too much on their taxes.

To resolve this Mr. Koehler ensures that his clients are equipped with the knowledge and tools to ensure they have the best tax plan possible.

1. Identify Company Structure

When Koehler’s first meets a small business owner he carries out a detailed analysis of different company structures (LLC, S Corp, C Corp, among others) and related tax implications for that client’s situation and business model.

When asked about the benefits of this step, Mr. Koehler said, “This is a crucial first step as many of my clients say that their previous accountants did not take the time to explain the differences between company structures and we often find that there are options they’ve never known were available.”

2. Customized Tax Plan

By gaining a detailed understanding of a company’s operations, Mr. Koehler is able to craft a customized tax plan for his client.

When asked about the goal of this type of plan, Mr. Koehler said, “The purpose of this plan is two-fold. The first is that it allows me to maximize the deductions they [small business owner] are allowed to include to reduce their overall tax liability.”

“The second purpose of the plan is to allow clients to fully grasp what they are doing and why they are doing it when it comes to their taxes.”

“I really believe that if people knew what to do and how to do it, then generally their taxes would be lower. I provide them with the vehicle – i.e. the plan – to do this,” he said.

3. Expand Tax Savings

In addition to creating a tax plan, Mr. Koehler takes his services one step further to ensure his clients are paying fewer taxes and making more money wherever possible.

One of the ways he does is by identifying a service that a company already supplies inhouse and opens another company to supply that service.

“As an example, the wife of a business owner might do all the bookkeeping for free, so I might advise that my client open up a bookkeeping business and pay her to do the books. This would help increase their overall income while reducing taxes,” he said.

In this type of example Mr. Koehler also is able to tie up all the loose ends by providing the necessary legal documents written by attorneys such as operating agreements and articles of incorporation to turn this plan into reality.

For more information please visit https://www.harveythetaxman.com/

Contact Info:
Name: Harvey D. Koehler
Organization: Harvey The Tax Man
Address: 11001 W 120th Ave #400, Broomfield, CO 80021, USA
Phone: 720-943-4293

Source URL: http://RecommendedExperts.biz/

For more information, please visit https://www.harveythetaxman.com/

Source: MM-REB

Release ID: 272754