Much of the difference between success and failure comes down to being proactive versus reactive. Whether you are doing proactive financial planning, proactive tax planning or proactive vacation planning, all require planning in advance to be successful. Can you imagine deciding today where you wanted to go on vacation and just heading out and hoping there was a good hotel, or stuff to do, or things to see? The same reason you plan in advance for a vacation is the same reason you need a proactive tax plan.
Merriam-Webster.com defines PROACTIVE
1. [1pro-] : relating to, caused by, or being interference between previous learning and the recall or performance of later learning <proactive inhibition of memory>
2. [2pro- + reactive] : acting in anticipation of future problems, needs, or changes
Synonyms: farseeing, farsighted, forehanded, foreseeing, forethoughtful, forward, forward-looking, prescient, foresighted, provident, visionary
Antonyms: half-baked, half-cocked, imprudent, myopic, shortsighted
Related Words: careful, cautious, heedful, discerning, insightful, perceptive, percipient, prudent, sagacious, sage, sapient, wise
Near Antonyms: careless, heedless, foolhardy
Proactive tax planning means that we carefully scour your circumstances to find every possible legal deduction. We give you a plan, designed specifically for you, full of court-tested, IRS-approved and prudent strategies for minimizing your taxes. Your personalized proactive tax plan is the key to beating the IRS – legally! A wise man digs his well before he is thirsty!! We don’t just mention an idea you might explore, we give you the tax courts’ opinion of that idea, and then help you implement it.
A CPA (Certified Public Accountant) is not a proactive tax planner unless he/she is also a Certified Tax Coach. The “A” stands for “accountant”, because accountants are skilled at recording what has already happened, in other words, they are financial historians. The skill set required to be a proactive tax planner is completely different. This is why I became a Certified Tax Coach and partnered with a CPA, Larry Patterson and formed the firm Patterson & Pollock, LLC. This teaming gives you the opportunity to have the proactive tax planning done and the accounting techniques needed to implement the planning available in the most efficient system possible. Give us a call!
