In combination with our sister firm, Wealth Management Associates, using their investment planning services we can integrate the plans to help you achieve your retirement goals
If You're Like Most Individuals Nearing Retirement
Your financial planner does a fine job investing your assets, and updating your “financial plan”. They put the “right” numbers in the “right” places and tell you to save more money, but then they call it a day. When is the last time they gave you tax-advantaged strategies for distributing your retirement assets? Are they even licensed to walk you through the tax implications of a Roth Conversion? Do you even need to do a Roth Conversion? We are licensed and qualified to offer you a comprehensive Retirement Income Distribution plan that maximizes, and stretches the use of your retirement assets through retirement by employing the latest tax and financial planning strategies.
Allen Tax Planning is Different
We specialize in clients nearing retirement (5 to 10 years out), and clients currently enjoying retirement. We provide proactive concepts and strategies to keep more of what you earn, and maximize the use of what you have — without resorting to “grey areas” or questionable tactics.
We will look for mistakes and missed opportunities that may be costing you thousands, then show you how proactive planning can help rescue those wasted dollars. You’ll sleep well knowing you aren’t missing a single planning opportunity.
How We're Different
My name is Mark Allen, Certified Financial Planner™, Enrolled Agent, Master’s of Science in Financial Planning. I started Allen Tax Planning to offer a different kind of service. I don’t just record the history you give me. I go beyond, to give you proactive advice and strategies to help you earn more and keep more.
The “other guys” settle for after-the-fact planning. Too often, that means outdated information, nasty surprises on April 15, and no feeling of control. I give you ongoing coaching and proactive solutions.You enjoy total confidence knowing you pay the least amount of tax possible while you work to achieve your dreams.
The “other guys” offer “see you next year” service, with limited contacts except at tax time. (And invoices for phone calls and even emails!) I offer ongoing support. That means year-round contact, support, direction, and accountability.
What’s the bottom line?
- My knowledge and financial expertise empower you, to help attain financial freedom and success.
- I help translate all the numbers into a language you understand – (we save the CPA gobbledy goop for all those lively CPA membership club meetings)
- I make suggestions for increasing your business income.
- I help you set obtainable goals to achieve your dreams.
- I design and help you implement innovative, customized tax and financial strategies that minimize your taxes and your risk of audit while maximizing your take home income.
- I personalize a proactive tax strategy for every individual and/or family. This is the stage where the cool things happen, including developing your individual strategy! In fact, we find that a large portion of our taxpayers save quite a bit of tax once they start to impliment their comprehensive Tax Strategy plan.
What We Do
Save You Time
Save hours of your time by having us prepare your taxes - just give us your tax reporting documents, we do the rest.
Offer Accessibility
Have a tax/financial planning professional "on-call" to ask questions about large financial issues throughout the year.
Provide Accuracy
Have your taxes prepared correctly which will avoid IRS scrutiny.
Make It Personal
Have a tax professional treat your tax situation as their own. In other words, we are looking at your return as if it is our own and we are just as cautious with your return as we are with ours.
Apply Tax Strategies
We employ the most current tax strategies and laws you are entitled to use, minimizing your tax obligations.
Retirement Income Distribution Planning
Our keystone service offered to folks approaching retirement or who are already in retirement. Using the latest in tax strategy planning, determines when to claim Social Security, when to draw down your retirement savings, when and how much to convert to Roth IRA, and much more.
About Our Firm
Today, we serve clients who are preparing for retirement or are currently in retirement.
- Are you an employee looking to pay less tax and maximize your retirement savings?
- Are you a self-employed business owner or professional looking for a business tax accountant to help you increase cash flow and use the hundreds of tax strategies available to slash your tax bill?
- Are you contemplating retirement but are not sure you have enough assets to live on through retirement?
- Are you contemplating taking Social Security but are not sure about the optimal time to claim?
- Are you planning on retiring early, before age 65, and not sure how to pay for medical insurance?
- Do you have stock options but are not sure you are exercising them in the most tax efficient manner?
- Do you have a significant amount of money in a traditional IRA? – a Roth IRA Conversion might make sense.
- Are you looking for an estate tax accountant that can help you optimize your estate planning?
- Do you need rental property tax planning that will help you make the most of your rental business?
- These are just a few of the hundreds of issues we can help you address.
Latest Blogs
April 15th Has Come and Gone!
Phew, somehow we survived another brutal tax season (is there any other kind?). Hopefully you were all treated to large refunds and are now vacationing with all the CPA’s of the world. Following our annual tradition we will be closed for the week of April 18th through April 22nd, returning April 25th. If you are […]
It’s been 5 years!
Our first e-newsletter since tax season and we hit you with Type 1 Diabetes. Five years ago, in March, my daughter was diagnosed with Type 1 Diabetes (T1D). To celebrate I will publish one educational T1D e-newsletter per month until October. October is when we have our annual T1D Fund raising Walk in downtown Sacramento. […]
Symptoms of Type 1 Diabetes
As promised, here is month 2 of our Type 1 Diabetes Series. Knowing the symptoms of Type 1 Diabetes can save a life. If not caught early enough, a child can go into a coma and die. The body literally starves itself to death. Not pretty. With my daughter we were fairly lucky in that […]