Bookkeeping
The practice of recording and keeping track of financial transactions of your business.
Learn More The tax compliance industry is seeing a concerning shift that is going mostly unnoticed by business owners.
That shift is a reduction in the number of young people who are joining the industry. While the Boomers are retiring in large numbers over the next 15 years, there are fewer replacements for those departures. Lifetime Advisors has put together a compliance team for your business including bookkeeping and tax preparation & filing. We will continue to add tax professionals to meet the demand of our clients so that you can focus on what you enjoy doing the most.
Our Services
Personal and Business Tax Returns
Our team of tax professionals evaluates the financial situation to maximize tax benefits, deductions, and credits, resulting in refunds or minimizing balances owed.
Learn More How It Works
Meeting with one of our Planning Coordinators is the first step. Our Coordinators will pair you up with the appropriate member of our team based on the size and type of business you're currently operating. We will conduct a discovery discussion to gain context into the specifics of your entity structuring & how capital flows through to the owners. If during that discussion we uncover any inefficiencies, we will likely request a review of your tax documents.
Our Senior Planning Team will conduct a comprehensive review of your tax documents along with the notes from our Planning Coordinator to determine any areas being missed by the current tax positions. If there is a significant amount of savings available, we will circle back for another discussion with the business owner(s) to drill further into which opportunities best suit the facts & circumstances discussed during the assessment meeting.
If our planning approach is in alignment with the goals and objectives of our business owner(s), we will offer an engagement. Our cost structure is typically offered in a retention format. We will make a determination of what resources we will need to engage to produce our result. We will place a contractual guarantee on our tax savings commitment over a predefined time-frame. From there, if the math makes sense we’ll leave it to the decision makers to complete their due diligence and decide.