Optima Program
Our Unique Program
We specialize in creative problem solving, which means that we do things (IRS-compliant) that other preparers don’t do. Our proprietary tax-dollar saving program, Optima, can save some qualifying tax payers $2,000 to $20,000+ per year. Our out-of-the-box solutions take a proactive, creative, problem-solving approach to helping you keep more money in your pockets, year after year.
Keep Your Wealth Within Your Family
Within the Internal Revenue Code there are many provisions, rules and regulations that, when properly implemented, can save the self-employed taxpayer significant tax dollars. Though not widely known or publicized these provisions are very effective tools to reduce income taxes.
We have developed a program to take advantage of these provisions and save our enrollees $2,000 to $20,000+ per year in income taxes. Our Optima Program is a terrific way to keep wealth within the family while also teaching your kids.
How it Works
CASE STUDY A
Family of Four Saves Over $6,000
A real estate salesperson, who earned a profit of $50,000 and, together with her spouse, was in the 25% tax bracket decided to enroll in the program. They have 2 children ages 8 and 12. She hired the kids to handle clerical duties, send/receive faxes, accompany on sign placement/removal, participate at client open houses and other marketing and market research functions. She paid them each $6,000 for this work and they had $3,600 in out-of-pocket medical expenses (i.e. expenses that were not covered under their health insurance program—deductibles, co-pays, uncovered vision and orthodontia expense). They were able to shift $15,600 from Mom and Dad’s tax rate of 40.3% (25% for income taxes and 15.3% for self-employment taxes) to 0%; a tax savings of $6,287.
CASE STUDY B
Money Saved Funds College for Three
A client with a profitable direct marketing business hired her 3 kids, aged 10, 13 and 15. She reported a profit of $40,000 and, with some other income, was in the 15% tax bracket. The kids helped with clerical duties, marketing, packaging, shipping and other tasks. Their out-of-pocket medical expenses totaled $5,500 (they had a high-deductible health insurance program). We were able to shift $23,500 from Mom’s tax rate to 0%, thereby eliminating her income tax bill and reducing her self-employment taxes by over $3,000. Altogether, her taxes dropped by over $4,000. She was able to use the tax savings to help pay for private school tuition and the kids used their compensation to fund their college accounts.
Sounds great! Who is it for?
Family-owned business can benefit from the program, including real estate agents, direct marketing sales professionals, landscape companies, insurance brokers, and anyone paid through a 1099-MISC.
Keeping your best interest in mind at all times, we provide personalized insight into your specific tax circumstance.
Free Initial Consultation
Nobody wants to overpay the IRS. There’s no need to worry: we will discuss with you how we can partner together to create tax planning strategies and alleviate your tax frustrations.
Helping individuals and small to mid-sized businesses with accounting and tax services for decades. Specializing in unique, personalized customer service, we emphasize providing cost-effective, time-efficient solutions to our clients.
Visit Us
9555 Lebanon Rd, Suite 302
Frisco, TX 75035
Phone: 214-705-2095
Fax: 214-705-9622