We believe effective planning is only obtained when all the relevant aspects of a client’s estate have been coordinated—legal, financial, and taxation.  That’s why the attorneys, financial advisors and CPAs of Magellan Planning Group have coordinated the three disciplines to the best benefit of our clients. 

Tax planning means taking tax-saving actions prior to the end of the taxable year. By January 1st, it's too late.  If your intent is to pay your current accountant simply to record history without providing direction, then meeting in April is fine.  If, however, you are like our clients, you would prefer to take action now to reduce your tax burden immediately.

A relationship with Magellan Tax starts with a consultation with Henry Spil, an experienced Atlanta accountant with over 25 years of experience. This initial meeting is usually a review of your tax history, and your ongoing tax liability. We will help you find strategies to reduce that tax burden. After this meeting – or phone consultation – we can then provide a quote for your tax preparation. 

We will then address specific instances of tax inefficiency and offer solutions.  The goal here will be to take whatever action is necessary before the end of the year, so that next year’s taxes are less burdensome.  In some instances, it is possible to re-characterize enough other income to reduce or even completely rid yourself of taxes on social security benefits.

Because we believe in ongoing relationships with our clients, our door is always open, throughout the year, to manage any tax issues as they occur, not next April. Call us before you enter into a major transaction so we can review the transaction’s taxability on all levels to you.

Tax planning becomes comprehensive planning when coordinated with your attorney and financial planner. Consultations with Leonard F. Bittner, J.D. and
J. Kevin Meaders, J.D., CFP®, ChFC, CLU are included in your quoted fee.

Call us today to chart your future in the right direction.