Tax Strategy
Empowering Your Tax Strategy Success
Welcome to Millington Wealth Group, where we specialize in helping you navigate the complexities of tax strategy and enhance your financial performance. Our strategic tax strategyservices are designed to provide tailored solutions that align with your financial goals and help you achieve long-term success.Â
We focus on saving you money, reducing tax liabilities, and uncovering eligible tax credits and deductions to optimize your taxable income. By choosing Millington Wealth Group for your tax strategy needs, you are investing in a partnership dedicated to your financial success and peace of mind.
Why Choose Us
Why Choose Us for Tax Strategy Services
Expert Guidance
Customized Solutions
Our services are tailored to your unique financial situation, ensuring personalized advice and strategies that meet your specific needs. Whether you’re an individual, small business owner, or real estate investor, we provide solutions that work for you.
Comprehensive Support
We offer year-round strategy services to help you stay on track and adapt to any changes in your financial landscape. From tax strategy to compliance, we are here to support you at every stage.
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Secure and Confidential
Client-Centered Approach
We prioritize your financial goals and work diligently to provide personalized solutions that maximize your tax savings and reduce liabilities. Our goal is to make tax strategy a seamless and stress-free process for you.
Holistic Planning
Our tax strategy services are designed to integrate with your overall financial planning. We help you understand the impact of tax strategies on your broader financial goals and ensure that all aspects of your financial life are aligned.
Nationwide Services
Our virtual tax strategy services are available to clients across the United States. No matter where you are located, you can access our expert services from the comfort of your home or office.
Proven Results
Schedule a Free Consultation
Let’s talk and see what tax questions you have.
Solutions
Our Services
01
Strategy Session
Our Strategy Session provides immediate, actionable insights tailored to your specific financial situation. This 1-hour session focuses on identifying key opportunities and addressing any immediate concerns you might have. It is ideal for clients who have specific questions or issues they need to resolve quickly.
- Personalized Advice: Discuss your tax-related questions, including tax savings advice, insights on tax credits, or deductions relevant to your situation..
- Expert Recommendations: Receive strategic advice designed to outline the steps you need to take to address your most pressing tax and financial issues.
- Immediate Insights: This session offers quick, actionable insights exclusively on your unique financial situation, ensuring you receive tailored guidance.
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Tax Strategy Services
Our Tax Strategy Services are designed for clients who require continuous meetings and consultations to address the evolving needs of their business or investment situations. This service is ideal for clients experiencing growth, planning significant changes, or seeking continuous strategic guidance.
- Continuous Analysis: Regularly review your financial and tax situation to identify new opportunities and challenges.
- Strategic Adjustments: Implement ongoing strategies to manage growth, optimize tax positions, and ensure compliance with changing regulations.
- Proactive Tax Strategy: Stay ahead with proactive strategies to minimize tax liabilities and capitalize on opportunities as they arise.
- Personalized Support: Receive tailored advice and support to navigate complex financial decisions and achieve your long-term goals.
- Comprehensive Progress Tracking: Benefit from detailed tracking of your financial progress and personalized adjustments to your strategy plan.
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Comprehensive Consultation
Our Comprehensive Consultation offers an in-depth analysis of your entire financial and tax landscape. This 2-3 hour session includes a detailed review of your current situation, a thorough assessment of your goals and objectives, and the initial development of a strategic plan for ongoing implementation. It is designed for clients seeking a holistic view of their financial situation and a strategic roadmap for the future.
- Customized Solutions: We dive deep into understanding your financial goals and aspirations, providing strategies specifically tailored to your needs.
- Expert Guidance: Benefit from our extensive experience and expertise as we tackle complex tax issues and uncover hidden opportunities for savings and growth.
- Detailed Document Reviews: Includes thorough reviews of prior year tax returns, financial statements, and other relevant documents to identify potential savings and compliance opportunities.
- Strategic Planning: Identify actionable strategies that can be implemented quickly to optimize your tax position and improve financial outcomes.
How It Works
Getting started with Millington Wealth Group is simple and straightforward. Follow these three steps to begin building a proactive tax strategy that minimizes liabilities and maximizes savings.
Step 1
Discovery Call
Schedule a complimentary introductory call to discuss your tax situation and determine how we can best assist you.
Step 2
Choose Your Service
Decide whether to proceed with a Strategy Session or Comprehensive Consultation.
Step 3
Ongoing Services and Guidance
Choose to move forward with Ongoing Strategy Services for continuous support.
Tax Strategy vs. Tax Preparation: Know The Difference
Tax strategy is often confused with and even used interchangeably with tax preparation. Although similar in nature, the two are vastly different processes, both with the goal of reducing tax liability. As experienced tax advisors and tax strategists, we’re here to break it down for you.
What is Tax Strategy?
What is Tax Preparation?
Tax preparation is an important step that you need to undertake before filing for your yearly taxes. When you avail of tax preparation services, you will be assisted with filing either your federal, state, or local tax returns.
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Tax preparation involves taking your recent financial information and cross-referencing it with any applicable tax laws so that you can take advantage of any credits or tax deductions.
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Tax preparation is also used when individuals are caught in a complex tax situation or have had a recent life change that could change their tax situation, such as getting married or starting a new job.
Tax strategy, on the other hand, is not necessarily a precursor to tax filing. Instead, tax strategy should be viewed as a holistic process that enables individuals to optimize their tax situation by helping them make the best choices for them tax-wise.
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While anybody can benefit from tax strategy, it is especially useful to those who are dealing with retirement accounts, investments, charitable contributions, businesses, estates, or inheritances that could alter one’s tax situation.
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With tax strategy, you are able to make better financial decisions that can reduce your tax liability, minimize your tax bill, and get greater tax returns.
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Why wouldn’t you want that, when according to the National Taxpayer Advocate, the average 2020 tax refund is nearly $3,000.
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By carefully utilizing these two tax strategies, you can get similar or even better results!
Frequently asked question
about Tax Strategy Services
If you are facing complex tax situations, looking to optimize your tax strategy, planning to expand your business, or seeking expert guidance on financial matters, our tax strategy services can provide significant benefits. We recommend a discovery call to assess your specific situation and determine the best approach.
The frequency of tax strategy sessions depends on your financial situation and goals. We recommend at least an annual review to stay updated on any changes in tax laws and to ensure your tax strategy remains effective.
A strategy session is designed to address specific questions or issues in a 1-hour meeting, providing immediate, actionable insights. In contrast, a comprehensive consultation offers a holistic view of your financial and tax landscape over a 2-3 hour session, developing a strategic plan for ongoing implementation and long-term success.
To get started, schedule a discovery call through our website. We’ll discuss your financial situation and recommend whether getting started with a Strategy Session or Comprehensive Consultation is best for you. From there, we’ll guide you through the process and help you develop a personalized tax strategy with ongoing advisory services.
Ongoing tax strategy services ensure that your financial strategies remain effective and aligned with your goals. We provide continuous support to adapt to any changes in your financial situation, business environment, or tax laws, helping you achieve long-term success.