Key Benefits: Income Taxes: Traditional view of tax compliance Vs. Income Taxes using the BillDove.com Methodology: The preparation of an income tax return is called “Tax Compliance.” Tax Compliance: Start with information for events that already occurred Tax compliance means that information from 1099’s, W-2 Forms, etc. is converted into the form of a tax return. BLAH, BLAH, BLAH – ad naseum. Don’t get us wrong, it is an essential function, and one that is getting more complex every year. More importantly: WE CAN HELP! The BillDove.com philosophy is to provide you with a prescription for your taxes. Help you to manage them, like your doctor might help you manage a health issue - like Diabetes. Diabetes will always be there, and will create problems for you here and there, but it is a manageable problem as long as you follow some straightforward “lifestyle management” rules. In a similar way, taxes can be managed and incorporated into your lifestyle. The management of taxes involves tax planning. Tax Planning: Estimate this years income and expenses. Compute the income tax liability based on the estimated figures. Using that starting point, evaluate options to consider for the balance of the year and search for ways to shave dollars from your tax liability. Planning makes all the difference. As one wise man said, “If you fail to plan, you plan to fail.” Key Benefits of tax services: Estate Taxes: If you don’t put together an estate plan, you still have an estate plan. In California, it’s called “intestate succession,” and assets are distributed according to state law. “Probate” also applies. These rules for distributing your assets may be vastly different from what you might want, and that’s why estate planning is an essential part of your financial life. The emphasis of estate planning is to ensure that family, business and financial needs are met. The estate tax affects people who have struggled to win at life. They are successful investors and entrepreneurs. The total value of their business, residence, IRA and pension accounts and investments easily eclipse the lifetime exclusion amount. Although the lifetime exclusion is now $1,500,000 – even folks who have lived a modest life have accumulated significant financial wealth. At BillDove.com, we can show you how the estate tax will affect you, and demonstrate strategies to mitigate or even avoid the death tax altogether. Key Benefits of estate planning with the BillDove.com team: Estate Planning
The Estate Tax starts with a 37% tax rate, and quickly exceeds 50%. Let BillDove.com help prevent the government from confiscating the wealth you spent a lifetime to accumulate. Estate Planning Strategies can reduce or eliminate this tax. The estate tax is the only tax that is truly optional. And BillDove.com can tailor a plan that fits your lifestyle and budget. Key Benefits: Peace of Mind:
Our daily lives are a constant struggle. We juggle myriad obligations and concerns. And tax and estate issues are there – hiding in the background – but they ARE there. Solving those problems, enhancing cash management and asset management, are one less thing that you will need to worry about. That spells peace of mind. Let BillDove.com assist you. You’ll be glad you did. Key Benefits: Biographical Information for William J. Dove, CPA William J. Dove has over 20 years experience providing tax services to a wide variety of clients. In addition to providing tax planning and tax compliance services, Bill is well versed in estate planning and techniques. Bill graduated from California State University, Los Angeles in 1982 with a Bachelor’s Degree in Accounting. A course, “Principles of Taxation” introduced Bill to the field of taxation and was followed up with an internship preparing tax returns. Taxation became the career goal. To enhance expertise in taxation, he obtained a Master’s Degree in Taxation from Golden Gate University in 1987. This degree provided the technical background and foundation for a career serving the tax needs of a variety of clients. He has served clients in real estate, entertainment, technology, manufacturing, entertainment and professional service industries. Service is a key word. Many times, people are not given the proper degree of service. Bill strives to meet the needs of each and every client for income tax reporting purposes. Bill has served as president and treasurer of the El Rincon PTA in Culver City, and is actively involved in the Knights of Columbus, a catholic fraternal service organization. He also makes a helluva cup of java for the Sunday after-mass crowd. Links to Helpful Information on the Web: Submit your favorite Tax Related Link, and we may add it to this page - Contact Us |