Tax Planning Made Simple
What is Tax Planning
Standard tax advising focuses on the past, reporting expenditures of the previous year. Good tax planning looks ahead and takes action in order to take advantage of the many legal loopholes, credits, and deductions available.
Tax Planning Boutique is a team of professionals trusted to give the best tax advice and develop a proactive tax strategy. With each client, we deliver the following:
We review your most recent returns, taking the time to walk through them, item by item.
We learn and account for each way money is made and where it’s spent.
Everything gets tied together in a simple strategy, helping accomplish goals in the most tax-efficient way possible.
What Our Clients Are Saying:
After learning how 99% of CPA’s do not have the advanced knowledge necessary to help individuals, small and medium size business owners radically reduce their taxes through pro-active planning, I hired [Tax Planning Boutique]. [They] did a terrific job for us and ended up saving our company nearly $40,000 in taxes annually! I strongly recommend a comprehensive tax review for you and/or your business. We saved a bundle and could not have done it without Ms. Channo’s extraordinary expertise. -M. Babcock
I had the pleasure of working with Lubna Channo over this last tax year and found her to be extremely knowledgeable, helpful, and responsive. She was thorough in her work, always kept me well informed, and answered my questions or concerns in a timely fashion. She walked me through fairly complex tax strategies in a manner that I could understand and I appreciated her pleasant demeanor and professionalism. Needless to say, I'm quite pleased with the tax work she did on my behalf and I don't hesitate at all to give her my highest recommendation. - Dr. Glen V. - Livingston, CA
We have used Lubna Channo to prepare our income taxes for two years now. Prior to that, I was on overseas assignments for nearly ten years and my employer utilized KPMG to prepare our income taxes, due to multiple countries that taxes had to be filed for, income equalization, etc. It always seemed very mechanical to me, and KPMG never once sat down to understand our situation in order for us to better manage our taxes.
So, we needed someone who could understand our prior complex tax history, as well as handle my family's new farming business upon repatriation. Not only did Lubna expertly handle our new tax preparations, but she went through all of the prior KPMG returns and pointed out mistakes that were made, which led to some prior year re-submissions by KPMG and tax dollars returned to us! We were extremely impressed by her knowledge of the tax code, and now we understand the benefits of a "tax planner" versus a "tax preparer". She has given us numerous ideas on how to manage our taxes for the future, in order to minimize our tax obligations. She was also very engaged when the recent federal tax reform was being approved, and able to explain to us how our tax obligations would change under the new guidelines.
We would highly recommend Lubna as a tax planner, expecially if you have any significant complexities in your returns (business interests, investments, etc.). - Jim Yaklin, Director - Product Program Cost Optimization at General Motors
Normally I am the guy who would do his taxes using one of those self-filing tax preparing software packages you can buy just about anywhere and get it done with minimal cost but uses a lot of time and aggravation and you just wonder if you got everything that you are entitled to get back. That all changed for tax year 2015.
In 2015, my father passes away and I received a retirement account in which I had to take minimum distributions every year, selling his home and wondering about the taxable proceeds and also buying my own condominium. Instead of relying on that tax preparing software, I needed a real tax professional to guide me through the past year and also assist me with my future tax planning needs.
I was introduced to Lubna Channo at the Tax Planning boutique through Dave Ramsey's Endorsed Local Provider (ELP) program in 2016 and I can definitely say it was the best decision I have made. Not only had Lubna and the Tax Planning Boutique gotten me through that stressful tax year but she has also guided me in each of the years since in preparing my taxes and also planning my tax strategy so that I keep as much money in my pocket throughout the year instead of giving the government a no interest loan.
I am not a person who gives a recommendation easily and if I do it has to have been an extraordinary experience. I can say Lubna Channo at the Tax Planning Boutique is someone I can recommend and know that she will give you the stress-free and professional experience that I have had for the last four tax years. - David Sobcazk