Tax Planning for Business Owners Who Want to Pay Less — Before It’s Too Late

Tax planning for business owners is most effective when decisions are made before year-end, not after your return is filed.

We help business owners and real estate investors reduce taxes through proactive planning around S-Corporation strategy, reasonable salary planning, depreciation strategies, and year-end decision-making.

A focused, strategic conversation — not a sales pitch.

Who We Work With

We work with business owners and investors who need more than basic tax preparation.

This is a strong fit if you:

  • You’re a business owner earning $150,000+
  • Operating (or considering) an S corporation
  • Own or investing in rental or short-term real estate
  • Looking for ongoing tax strategy — not just a filed return

This is not a good fit if you are looking for the lowest-cost tax filing or a one-time tax preparer.

Explore Tax Planning Services

Most CPAs Prepare Taxes. Few Actually Plan Them.

Most tax professionals focus on filing returns after the year is over.

By then, the outcome is already set — and most opportunities to reduce taxes are gone.

At Madsen and Company, we focus on planning first — when decisions still matter.

That means:

  • Structuring income and deductions before year-end
  • Reviewing reasonable salary and owner distributions
  • Identifying opportunities involving Section 179, depreciation, and cost segregation
  • Reducing surprises through estimated tax planning and proactive strategy

Tax preparation documents the result.
Tax planning determines what you pay.

How We Help

We help business owners reduce taxes before year-end through planning around income timing, deduction timing, estimated tax payments, Section 179, and entity structure decisions.

We help S-Corp owners plan around reasonable salary, owner distributions, payroll structure, and entity elections to reduce taxes and avoid IRS scrutiny.

We help real estate investors use depreciation, cost segregation, bonus depreciation, and entity structure strategies to reduce taxes and improve after-tax returns.

We prepare accurate returns based on proactive planning — not last-minute decisions.

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Why Business Owners Choose Madsen and Company

Business owners and real estate investors don’t come to us for basic tax filing.

They come for clear strategy, fewer surprises, and lower tax liability over time.

  • Led by Steve Madsen, CPA (licensed since 1993), with 30+ years of CPA experience advising business owners and investors
  • Planning-first approach — decisions are made before deadlines, not after
  • Specialized in S corporations and real estate tax strategy
  • Year-round advisory, not once-a-year tax preparation
  • Virtual-First CPA firm serving clients throughout the United States

What Happens Next

  1. Schedule a consultation
  2. We review your current tax situation and prior filings
  3. Identify opportunities, risks, and missed strategies
  4. Build a clear plan for ongoing tax savings

This is not a sales call.
It’s a structured review of your situation.

Start With the Right Questions

If you’re evaluating whether tax planning is worth it, start here:

Tax Planning Articles for Business Owners

Read articles about tax planning, S corporation strategy, real estate tax rules, and financial decisions for business owners.

Serving Business Owners in South Jordan, Utah, and Nationwide

Madsen and Company works with business owners in South Jordan and throughout the Salt Lake Valley who need proactive tax planning, S Corporation guidance, and year-round CPA support.

We regularly work with clients in

South Jordan, Draper, Sandy, Riverton, and Herriman, and also serve business owners across the United States through a virtual process


Common Questions About Tax Planning

When should tax planning start?

Tax planning should happen during the year — before decisions are finalized — not after your return is prepared.

Is tax planning worth it for S-Corporation owners?

Yes. S-Corp owners often have opportunities to reduce taxes through salary structure, distributions, and timing strategies.

What’s the difference between tax planning and tax preparation?

Tax preparation reports what already happened. Tax planning helps you make decisions that reduce what you pay.

How much can tax planning actually save?

It depends on income, structure, and strategy — but many business owners reduce taxes significantly when planning is done proactively.

Do I need tax planning if my CPA already files my taxes?

Most CPAs focus on preparing and filing your tax return after the year is over. By that point, there is little that can be done to change the outcome.

Tax planning is different. It happens during the year — before decisions are finalized — and focuses on identifying opportunities to legally reduce what you pay.

If your current CPA is not proactively discussing strategy throughout the year, tax planning may still provide significant value.

What happens during a tax planning consultation?

During the consultation, we review your current situation, including income, business structure, and any existing tax strategies.

We discuss where opportunities may exist to reduce taxes and whether proactive planning would be beneficial for you.

You will leave with a clearer understanding of your tax position and whether an ongoing planning relationship makes sense.