Managing your taxes effectively can help you avoid costly mistakes. Our Kirkland, WA tax planning lawyer helps individuals and businesses minimize liabilities and maintain compliance with federal and state laws. If you require assistance with your taxes, contact Eastside Estate Planning today to learn how we can help you protect your financial future.
Tax Planning Lawyer Kirkland, WA
Effective tax management is an important part of financial planning for both individuals and businesses. By working with our Kirkland tax planning attorneys, you can gain access to a trusted legal guide who will make sure you’re making strategic, legally sound financial decisions for yourself, your family, and your business. Because federal and state regulations change so frequently, it’s vital that you work with tax lawyers who keep up with ever-changing tax laws. Otherwise, you may risk running into compliance issues that could cost you more than you’re willing to give up.
Our IRS attorneys work closely with our clients to get a clear picture of their finances so they can avoid running into those types of issues. We do so by reviewing your income, investments, business structures, and expenditures to identify opportunities for deductions and other tax-saving strategies. Our goal is to maximize efficiency and save you the most money while remaining compliant with all applicable laws, whether it involves estate planning, retirement contributions, or business documentation.
By providing sound legal guidance on how to structure business operations in ways that minimize tax issues and promote solid mergers and/or acquisitions, we can help reduce the risk of audits, penalties, or disputes. Our tax law attorneys are also available to make sure companies are properly reporting their payroll, sales, and corporate taxes. For individuals, we can assist with issues or questions related to capital gains, trust management, and multi-state taxation.
Should a dispute arise with the IRS or state tax agencies, we’re ready to help our clients resolve the dispute by negotiating settlements or handling the appeals process. Our ultimate goal is to protect your personal and corporate interests and keep you out of financial trouble. By partnering with our team, you’re investing in your financial security.
Why Experience Matters With Tax Planning
When it comes to your taxes, a mistake can be detrimental to your finances and your future. Our Kirkland tax planning lawyers are here to make sure that doesn’t happen to you. By providing legal support and trusted guidance, our clients know they can trust us to lead the way to a secure financial future.
- With countless 5-star reviews on sites like Google and AVVO, we show that we mean business—and our clients see that, too
- We serve clients across Washington and the Greater Eastside area, helping clients throughout the state ensure financial stability
- Our founder, Robert Franco, is a Bellevue native, and we hold a deep commitment for the members of our community
If you’re looking for a local team that can provide the tax support you need, reach out to Eastside Estate Planning. We’re ready to take a look at your financial situation and help you maintain compliance, avoid disputes and audits, and find opportunities to apply for deductions. Contact us today to learn more.
Types Of Tax Planning Services We Provide
As your trusted Kirkland, WA tax planning lawyer, we at Eastside Estate Planning understand how effective tax planning can safeguard your financial future. Our team provides a wide range of services designed to help individuals and businesses minimize tax liabilities, stay compliant, and make informed financial decisions. Our 5-star reviews don’t lie; we put our all into every tax planning case we take on. And with free phone consultations, our clients know they can get the information they need without breaking the bank. That’s why we’re trusted with our clients' legal needs. They know we’re the best for the job.
Individual Tax Planning
Our tax attorneys can help clients manage personal tax obligations efficiently. This includes strategies for income, deductions, credits, and retirement planning to reduce liabilities and maximize savings.
Business Tax Planning
We work with companies to design tax strategies that align with their business structure and goals. We advise on corporate tax planning, entity selection, and year-end strategies to minimize taxes and enhance cash flow.
Estate And Trust Tax Planning
With estate and tax planning lawyer services, we assist clients in structuring estates to minimize estate and inheritance taxes. This includes creating trusts, wills, and other estate documents to ensure smooth asset transfer and long-term financial security.
IRS Compliance And Representation
Our IRS tax lawyers provide guidance on IRS compliance and represents clients during audits, appeals, and other tax-related disputes. We help individuals and businesses respond to IRS notices, negotiate payment plans, and resolve tax controversies efficiently.
International Tax Planning
For clients with global assets or foreign business operations, our Kirkland tax planning attorneys can provide international tax planning services. This includes guidance on foreign income reporting, tax treaties, and cross-border investment strategies to minimize double taxation.
Retirement And Investment Tax Planning
Our team advises clients on tax-efficient strategies for retirement savings and investment planning. We evaluate retirement accounts, capital gains, and investment portfolios to optimize tax outcomes over time.
Charitable Giving And Philanthropy Planning
We assist clients in structuring charitable donations and philanthropic activities in a tax-advantaged way. Our tax attorneys makes sure that contributions maximize tax benefits while supporting meaningful causes.
Business Succession Planning
We help business owners plan for succession with minimal tax impact. This includes structuring ownership transfers, buy-sell agreements, and exit strategies to protect family or corporate wealth.
Tax Controversy Support
When disputes arise, our IRS tax lawyers represent clients in negotiations or litigation with federal and state tax authorities. We work to resolve audits, penalties, or assessments while minimizing financial exposure.
At Eastside Estate Planning, we are committed to providing tailored services that meet the unique needs of each client. Our experienced attorneys can help individuals and businesses implement proactive tax strategies that save money and reduce risk. Whether it’s personal, business, or estate-related planning, we provide practical guidance to help clients achieve financial security. If you are looking for comprehensive support from a Kirkland tax planning lawyer, our team is ready to assist. Contact us today to schedule a consultation and learn how our services can benefit you.
8 Common Tax Saving Strategies For Families
At Eastside Estate Planning, families often ask us how they can lower their tax bill without taking unnecessary risks. As we can tell you with our over 7+ years of experience in tax planning, the answer usually starts with planning ahead and making thoughtful choices throughout the year. Small adjustments with the help of your Kirkland, WA tax planning lawyer can lead to real savings over time. Below are common tax saving strategies we discuss with families who want to keep more of what they earn.
1. Contributing To Retirement Accounts
Putting money into retirement accounts like a 401k or IRA can reduce taxable income. Contributions may lower the amount of income reported for the year while also building long term savings. We often review contribution limits and timing to help families make the most of these accounts.
2. Using Education Savings Plans
Accounts such as 529 plans allow families to save for a child’s education with potential tax benefits. Earnings in these accounts can grow tax free when used for qualified education expenses. Planning early can make a meaningful difference by the time college costs come due.
3. Taking Advantage Of Child Related Credits
Families with children may qualify for tax credits like the Child Tax Credit or the Child and Dependent Care Credit. These credits can directly reduce the amount of tax owed. Your tax reduction attorney can help you review eligibility requirements and proper documentation to avoid missed opportunities.
4. Gifting Within Annual Limits
The IRS allows individuals to give a certain amount each year without triggering gift tax reporting. Structured gifting can gradually reduce the size of a taxable estate while benefiting children or other loved ones. Your Kirkland tax planning lawyer can help you incorporate a gifting plan in your broader estate strategy.
5. Reviewing Filing Status
Choosing the correct filing status can impact deductions and credits. Married couples, single parents, and blended families may have different options. A yearly review helps with your taxation attorney can help you confirm that the chosen status still makes sense based on current circumstances.
6. Maximizing Health Savings Accounts
For families with high deductible health plans, Health Savings Accounts can offer tax advantages. Contributions may be deductible, and qualified withdrawals are generally tax free. These accounts can also serve as an additional savings tool for future medical expenses.
7. Planning For Capital Gains
Selling investments, real estate, or business interests can trigger capital gains tax. Timing the sale or offsetting gains with losses may reduce the overall tax impact. As your tax risk attorneys, we’ll look at your full financial picture before major transactions take place.
8. Coordinating Estate And Income Tax Planning
Estate planning decisions can affect income taxes, and vice versa. Trust structures, beneficiary designations, and asset transfers should work together. At Eastside Estate Planning, we help families align these areas so they support both current savings and long term goals.
Contact Us Today
At Eastside Estate Planning, we take time to understand your assets, income, and future plans before recommending a course of action - and we can help you with your wills and trusts, too. If you would like to review your current strategy or explore new options, contact us today to schedule a consultation with a Kirkland tax planning lawyer from our team.