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Individual Tax Planning

Our Approach

Business owners and high-net-worth individuals often come to us hoping to reduce their tax burden. To make that happen, we need to know what you have in mind for your company, your family and yourself. Armed with this information, we can carefully coordinate your individual tax planning with your retirement, estate and financial strategy.

While we ensure you comply fully with the myriad tax filing requirements, our job is not merely filling out tax forms. Rather, we help you understand the impact of the complicated tax rules—and we do that in plain English.  At the heart of our work is finding that delicate balance between “not paying tax before it is due” and avoiding unnecessary penalties. As things change, in your business and your life, we help you adjust your tax planning accordingly.

Services

Clients, business contacts and referral sources know that we will always provide the highest level of service to ensure you meet your goals, both personal and professional.

Individual, Estate and Trust Services
In addition to our corporate tax experts, Armanino has an experienced group of professionals who specialize in individual, estate and trust services including:

  • Income tax planning and preparation (e.g., federal and state returns)
  • Charitable tax planning
  • Estate, gift and trust tax planning and return preparation
  • Generation-skipping transfer (GST) tax planning
  • Charitable remainder trust (CRT) planning
  • Planning for stock options and restricted stock units (RSUs)
  • Planning for alternative minimum tax (AMT)
  • Coordinating with other trusted advisors (e.g., attorneys, insurance consultants, etc.)

Corporate Executive Services
Our team understands that entrepreneurial executives need help reaching their estate, gift and philanthropic goals, which is why we provide the following services:

  • Business succession planning
  • Stock diversification planning and compensation planning
  • Stock option training for executives and their employees
  • Outsourced accounting and bookkeeping services
  • Understanding and planning with AMT

International Tax Services
Whether you’re an individual who has a foreign source of income, who has employees working outside their “home” country or who is planning to work/reside outside of the U.S., we can help alleviate your tax concerns. LEARN MORE »

Family Office Services
We have more than 35 years of experience advising wealthy individuals and families with more than $50M in liquid assets on how to manage their day-to-day financial, investment and family concerns. LEARN MORE »

Experts

Resources

2015-tax-calendar-armanino
This summary of when various tax-related forms, payments and other actions are due will help you make sure you don’t miss any important 2017 tax deadlines.
IRS Proposed Regulations Target Gift and Estate Tax Planning Strategies

The IRS proposed regulations to minimize gift and estate taxes when transferring interests in closely held family businesses to relatives. Act now on the current ...

2015 PATH Act Does More Than Extend Tax Breaks

On Dec. 18, the Senate passed the PATH Act. We provide a quick rundown of some of the key tax breaks that have been extended or made permanent for individuals and businesses.

ACA Reporting Deadlines Are On the Horizon

Now is the time for affected employers to begin assembling the necessary ACA information. This article details what information is required to complete Forms 1094 ...

Highway Funding Law Brings Important Tax Law Changes

The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 was signed into law on July 31; the 34th stopgap extension of transportation programs since 2009.

New Trade Law Hikes Penalties for Tax Reporting Errors

The Trade Preferences Extension Act of 2015 (TPEA) increases by as much as 150% the potential penalties for taxpayers that err in their ACA information reporting to the IRS or payees.

SCOTUS same-sex marriage decision has tax implications for couples and their employer ...

On June 26, the Supreme Court issued a landmark 5-4 decision on same-sex marriage, which will affect tax and estate planning for many couples and also impact their employers.

Work Opportunity Credits & Tangible Property: What Businesses Need to Know

The IRS recently released guidance on two major areas affecting businesses—the Work Opportunity Tax Credit (WOTC) and the tangible property regulations, and ...

Small Employers Get Transition Relief from ACA Excise Tax Penalties

The recently released ACA transition relief period for small employers (those with fewer than 50 full-time equivalent employees) includes 2014 and the first six m ...

Employers with medical reimbursement plans need to review them to ensure they don’t accumulate heavy tax penalties from noncompliance with Affordable Care A ...

2015-tax-calendar-armanino

A summary of when various 2015 tax-related forms, payments and other activities are due for individuals and families, as well as businesses, corporations, partner ...

New Filing Requirement for California Like-Kind Exchanges

California’s new filing requirement for like-kind property exchanges made under IRC Section 1031 covers like-kind exchanges that occur in tax years beginnin ...

Businesses, Individuals Benefit from Latest Tax Relief Extender Law

On Dec. 16, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), a stopgap measure that retroactively extends certain tax relief provisions through Dec. 31, 2014.

IRS Issues 2015 Cost-of-Living Adjustments

With inflation remaining in check, many cost-of-living amounts increased only slightly. As you implement 2014 year-end tax planning strategies, consider these adjustments.

Final FATCA Regs Remind Individual Investors of Reporting Requirements

The U.S. Department of the Treasury and the IRS have issued what is expected to be their final significant package of regulations implementing the Foreign Account Tax Compliance Act.  

2014 Tax Calendar

To help you make sure you don’t miss any important 2014 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due for individuals, employers, businesses and others.

Tax and Cost-of-Living Adjustments for Individuals

On October 31, the IRS released most cost-of-living adjustments for 2014.

Supreme Court’s Decision Provides Many Same-Sex Couples Tax Savings

The U.S. Supreme Court’s decision in United States v. Windsor means that many same-sex married couples will be treated as married for federal tax purposes. 

Supreme Court: Decision Affects Tax and Benefits for Same-Sex Married Couples

On June 26, the U.S. Supreme Court issued two landmark decisions that could dramatically affect tax and estate planning for same-sex married couples.

Sequester Cuts Take Effect

On Friday, March 1, President Obama signed an order required by law to set into motion the automatic federal government spending cuts known as the “sequester” which could have sweeping effects across a var ...

IRS Provides Guidance for New 3.8% Tax on Net Investment Income

Recently, the IRS issued proposed regulations regarding the new 3.8% net investment income tax (NIIT, also known as the Medicare contribution tax) that was created by the Health Care and Education Reconciliation Act of 2 ...

How the Fiscal Cliff Deal Affects Your Financial Statements

The American Taxpayer Relief Act of 2012 (ATRA) preserved lower income tax rates for most individual taxpayers and made many other income and estate tax law changes. It also extended a number of business tax breaks. LEARN MORE » 

American Taxpayer Relief Act

The American Taxpayer Relief Act of 2012 (ATRA), signed into law on Jan. 2, extends or makes permanent many provisions, and the IRS has now released the remaining inflation-adjusted amounts for 2013.

IRS Releases 2013 Cost-of-Living Adjustments Related to Retirement Plans

On Oct. 18, the IRS released 2013 cost-of-living adjustments related to retirement plans. The adjustments can enhance your ability to benefit from IRAs and qualified retirement plans such as 401(k) plans and defined bene ...

Election Results Leave Much Uncertainty About Tax Law Changes

President Obama’s reelection combined with Senate and House election results that leave both chambers of Congress at nearly the status quo means that much uncertainty about tax law changes remain.

Final Tangible Property Regulations Incoming

On November 20, 2012, the IRS and Treasury Department issued Notice 2012-73 alerting taxpayers to expect final regulations regarding the deduction and capitalization of expenditures related to tangible property in ear ...

Top 5 Things Your Tax Advisor Should Have Done

Checklist: Top 5 things your tax advisor should have done to lower your tax bill.

Cost-of-Living Adjustments and New Legislation Shape 2011 Tax Planning

In the fall, the IRS started releasing various rates, limits and other inflation-indexed amounts for 2011.

Donating to Haiti Relief Efforts? You may be Eligible for a 2009 Tax Deduction

On January 20, the House of Representatives passed legislation permitting taxpayers to deduct certain 2010 charitable contributions for Haiti disaster relief on their 2009 tax returns, rather than on their 2010 returns, ...

Low Inflation Adds Up To Meager Cost-Of-Living Adjustments for 2010

On October 15, 2009, the IRS released various rates, limits and other inflation-indexed amounts for 2010. Not surprisingly, given low inflation (deflation in some cases), many amounts will be the same for 2010 as they ...

Unemployment Benefits Act Also Provides More Opportunities For Homebuyers

The Worker, Homeownership and Business Assistance Act of 2009 (WHBAA) was signed on November 6, 2009. In addition to extending unemployment benefits and enhancing NOL tax breaks for businesses, the act exten ...

401k: Managing Emotions During a Financial Crisis

Taking the emotion out of investments in a tough economic climate

Section 2511(c) and the Uncertain State of the Estate Tax

It’s been almost nine years since the Economic Growth and Tax Relief Reconciliation Act of 2001 called for the federal estate tax to be repealed in 2010 — and reinstated in 2011. The one-year repeal was a ...

Is a Roth IRA Conversion Right for You?

If you're a higher-income taxpayer, one opportunity you may have heard about is the Roth IRA conversion. The Roth IRA is a smart way to save for retirement - or to build wealth for heirs - because qualified withdrawals ( ...

Congress Extends Homebuyer Credit, For Some

Just before an important deadline for the homebuyer credit was set to expire July 1, Congress extended it. But the extension will benefit taxpayers only in limited circumstances.