What do tax planning services include?

Tax planning services typically include reviewing income, deductions, entity structure, payroll, timing strategies, and future projections to identify legal ways to reduce taxes before year-end.

When should business owners start tax planning?

Business owners should start tax planning before year-end and review it throughout the year as income, expenses, and business decisions change. Waiting until tax season limits available tax-saving options.

Is tax planning worth it for small business owners?

Yes. Tax planning is often worth it for small business owners because it helps reduce taxes legally, improve cash flow, and avoid missed opportunities that cannot be fixed after year-end.

Can tax planning reduce self-employment taxes?

In some cases, yes. Tax planning may reduce self-employment taxes through entity structure review, compensation planning, and other strategies when appropriate for the business.

What is the difference between tax planning and tax preparation?

Tax preparation reports what already happened, while tax planning focuses on proactive decisions that can reduce taxes before the year ends. Most tax-saving opportunities come from planning, not filing.

Do S Corporation owners need tax planning?

Yes. S Corporation owners often benefit from tax planning because salary, distributions, payroll setup, deductions, and overall business income strategy directly affect tax outcomes.

How often should tax planning be reviewed?

Tax planning should usually be reviewed at least once per year and more often when income, expenses, payroll, ownership structure, or major business decisions change.

Tax Planning Services for Business Owners and Real Estate Investors

Reduce taxes legally with proactive tax planning focused on income strategy, entity structure, and timing decisions — before year-end closes your options.

Most CPAs prepare tax returns after the year is over. We help business owners and real estate investors make decisions during the year so the tax outcome is better.

Led by Steve Madsen, CPA (licensed since 1993) — serving business owners and real estate investors nationwide from South Jordan, Utah.

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30+ years CPA experience • Business owners • S corporation owners • Real estate investors

Based in South Jordan, Utah, Madsen and Company works with business owners and real estate investors nationwide through a secure virtual process.

Tax planning services often include S corporation strategy, retirement planning, depreciation planning, income timing, and multi-year projections. Many clients combine tax planning with tax preparation and ongoing advisory services to improve results over time.

Professional tax planning services for business owners and real estate investors

Quick Answer

Tax planning services help business owners and real estate investors reduce taxes legally by making strategic decisions about income, deductions, entity structure, and timing before year-end. Unlike tax preparation, proactive tax planning evaluates options during the year so better decisions can still change the outcome.

CPA Insight

Most tax savings happen before year-end. Once the tax year closes, many opportunities are no longer available. That is why proactive tax planning is central to our CPA services.

What Is Tax Planning?

Tax planning is the process of evaluating income, deductions, entity structure, and timing decisions before year-end so taxes can be reduced legally. Effective tax planning happens during the year, not after the tax return is prepared.

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Tax Planning Services

Tax Planning

Year-round proactive tax planning for business owners and investors, including income strategy, deductions, entity structure, retirement planning, and multi-year tax projections.

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S Corporation Tax Planning

Advanced tax planning for S-Corporation owners, including reasonable salary strategy, distributions, retirement plans, accountable plans, and multi-state tax issues.

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Real Estate Tax Planning

Tax strategy for rental property owners, short-term rental investors, and real estate professionals, including depreciation, cost segregation, entity structure, and long-term planning.

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Tax Preparation

Accurate tax preparation supported by planning insight, so business owners and real estate investors understand their tax situation before filing.

We prepare business and individual tax returns, including S-Corporations, partnerships, rental properties, and high-income individual returns, with a focus on proactive tax strategy rather than last-minute compliance.

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Choose the Right Tax Planning Path

Not all tax planning strategies apply to every situation.

If your needs are more specific, start here:

S corporation owners → S Corporation Tax Planning
Real estate investors → Real Estate Tax Planning
Short-term rental owners → Short-Term Rental Tax Planning

Each page breaks down the strategies and decisions that apply to your situation.

Why Clients Choose Our Tax Planning Services

Many CPA firms focus only on preparing tax returns after the year is over. Our tax planning services help business owners and real estate investors make decisions before year-end so taxes can be reduced legally and strategically.

We work with clients who want proactive advice, clear explanations, and long-term planning rather than last-minute filing. Our services are especially helpful for:

Business owners with growing income
S-Corporation owners
Rental property investors
Short-term rental owners
High-income professionals
Clients needing multi-state tax planning

By combining tax planning services with accurate tax preparation, our goal is to provide clarity, reduce surprises, and help clients keep more of what they earn.

Who We Work With

Business owners
S corporation owners
Real estate investors
High-income professionals
Construction business owners

Madsen and Company is a South Jordan, Utah CPA firm focused on proactive tax planning for business owners and real estate investors nationwide.

Our firm works primarily with business owners, S-Corporations, and real estate investors who want proactive planning rather than last-minute tax filing.

We work with clients in Utah and throughout the United States using a secure virtual process.

Common Questions About Tax Planning

These are the most common questions business owners ask when evaluating tax planning services and how proactive planning affects real tax outcomes.

Tax planning services help business owners reduce taxes legally by making strategic decisions about income, deductions, entity structure, and timing before year-end.

Unlike tax preparation, which reports what already happened, tax planning focuses on decisions that can still change the outcome.

Tax planning should be done before year-end and throughout the year as income and business decisions change.

Waiting until tax season limits available options because most tax-saving strategies must be implemented before the year closes.

Yes. Tax preparation reports past financial activity, while tax planning focuses on proactive decisions that reduce taxes before the year ends.

Most tax savings opportunities come from planning, not from filing the return.

Tax planning is most valuable for business owners, S-Corporation owners, real estate investors, and high-income individuals.

Anyone whose income, expenses, or business structure changes during the year can benefit from proactive tax planning.

Yes. Most business owners benefit from annual tax planning because income, deductions, and tax laws change from year to year.

Regular planning helps avoid overpaying taxes and reduces surprises at filing time.

A tax planning consultation typically includes reviewing income, entity structure, payroll, deductions, and future projections to identify opportunities to reduce taxes legally.

The goal is to provide clear, actionable strategies before year-end decisions are finalized.

Tax planning can reduce taxes significantly when applied early enough, especially for business owners with flexible income, deductions, or entity structure.

The biggest savings opportunities usually come from timing decisions, S-Corporation strategy, and long-term planning.

No. Tax planning is valuable at many income levels, especially for growing businesses where decisions about structure, payroll, and expenses impact future tax outcomes.

Start With a Tax Planning Conversation

If you want to reduce taxes, the key is acting before year-end.

Schedule a consultation to review your income, entity structure, and strategy — and identify what can still be improved this year.

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