Year-round tax planning services
Professional Tax Solutions builds a clear plan for Michigan taxpayers in Grand Blanc, Traverse City, and nearby communities. We look at income timing, withholdings, deductions, and credits so fewer surprises show up next season. Planning sessions can stand alone or pair with filing, and many clients start mid-year to model options before deadlines. When it is time to execute, our team coordinates details with tax preparation, retirement decisions through retirement tax planning, and business choices that benefit from business tax consultation.
We help you adjust W-4s after a raise, plan quarterly estimates for side income, evaluate Roth conversions in low-income years, and coordinate education credits. For Michigan retirees, we review Social Security timing, RMDs, and the mix of taxable and tax-free withdrawals. If you receive clergy income, we account for housing allowance rules alongside self-employment tax so the numbers are correct the first time.
Coordinated financial planning that holds up at year end
Planning is more effective when it ties into what you want next year and five years from now. We review how saving, investing, and retirement decisions affect taxes today and later. Professional Tax Solutions keeps advice actionable, with steps you can complete now and a simple checklist for the next milestone.
Year-round tax planning for owners
Planning is more effective when it ties into what you want next year and five years from now. We review how saving, investing, and retirement decisions affect taxes today and later. Professional Tax Solutions keeps advice actionable, with steps you can complete now and a simple checklist for the next milestone.
Q. When is the best time to plan for taxes in Michigan?
Planning works best as a year-round habit. Do a short review right after filing to capture lessons for the new year, a mid-year check-in to adjust withholdings and estimates, and a fall session before year-end deadlines. Life changes deserve their own touchpoint too, like a new job, a move to Grand Blanc or Traverse City, starting a side business, or buying a home. Professional Tax Solutions keeps each meeting focused on clear actions you can take before key dates.
Can planning lower the amount I owe next April or just shift it?
Good planning can reduce what you owe, not only change timing. We look for credit eligibility, smarter withholding, retirement contributions, HSA opportunities, and the timing of income and deductions that fit your bracket. For owners, entity choice, depreciation strategy, and payroll can change the tax result. Sometimes planning also improves cash flow by spreading payments through the year so April is predictable.
What changes if I am self-employed or run a small team?
You have more levers and more deadlines. We map quarterly estimates, track deductible expenses, and set up a clean bookkeeping rhythm so numbers are ready when decisions come up. For S corporation owners, we review reasonable compensation and payroll. We also evaluate retirement options like SEP, SIMPLE, or solo 401(k) to cut current tax while building savings. Professional Tax Solutions aligns these moves with Michigan filing rules and any city tax that applies.
How often should we revisit the plan?
At least twice a year, with quick check-ins when something changes. A mid-year review confirms you are on pace, and a late-year session locks in actions before December 31. Add an extra review if income jumps, if you start contracting work, or if you sell assets. Short, timely meetings keep adjustments small and effective.
What should I consider before a Roth conversion or a major sale, and how early do we need to run the numbers?
Look at bracket impact this year and next, potential phase-outs, Medicare IRMAA thresholds, and capital gain stacking if you are selling property or a business asset. Plan withholding or estimates so there are no penalties, and consider pairing the move with charitable giving or loss harvesting where it fits. Modeling is most useful before Q4; earlier is better if a sale date is set. Professional Tax Solutions builds side-by-side scenarios so you see the tax outcome before you commit.
