We have selectively limited our practice to business owners with at least $500,000 before owners' salaries. We find that our tax savings significantly increases with clients having annual net income of $1,000,000 and above. Certainly other criteria can help identify a potential client of Hayward Tax Solutions, LLC, which is why we always begin with a confidential questionnaire and phone call to determine a mutual fit. We approach each unique scenario comprehensively and with attention to detail. We strive to provide the level of service we would like for ourselves when sensitive or financial information is to be discussed. We want what you want; honest communication, managed expectations, and a trusted advisor as part of our team.
Income Tax Planning
After thorough analysis we custom design the plan, implement the plan and oversee the effectiveness of the plan via annual maintenance.
Estate Tax Planning
Select estate planning strategies result in both income tax and estate tax savings.
401ks and Retirement Plans
We collaboratively offer our clients an analysis of their 401k plans. Our aim is to reduce fees and give participants access to top level money management. We review 28,000 mutual funds and ETFs monthly and make changes as necessary.
Business owners are presently experiencing aggressive and unprecedented IRS and Department of Labor (DOL) audits on existing 401k plans. The DOL statistics indicate that the audtis result in penalties approximately 72% of the time with average penalties of $372,000. Our services are proactively designed to mitigate this risk.
Please inquire within should you have needs not mentioned here.