Providing expert tax advice and solutions for individuals and businesses.
Tax Year: 2024
Tax Filing Status: Single
Your Standard Deduction: $14,600
Estimated Taxes Owed: $13,841
Your potential savings:
Effective Tax Rate: 16.21%
Marginal Tax Rate: 22%
Scenario: John, a small business owner, has been seeing consistent growth in his business, and with the additional income, he is worried about a significant tax bill at the end of the year. He is also considering expanding his operations to another state but is unsure how that will impact his taxes.
How We Help: TMB Consulting provides John with a comprehensive tax planning strategy, showing him ways to reinvest in his business and minimize tax liabilities through legitimate deductions and tax credits. Additionally, we help him understand the tax implications of expanding to a new state and create a plan to manage multi-state tax filing efficiently.
"TMB Consulting saved us thousands in tax liabilities. Highly recommended!" - Client A
"Professional and thorough, the best tax service I've experienced!" - Client B
Compliance Disclaimer: TMB Consulting is not a law firm, does not employ lawyers, and cannot provide legal advice. The services offered by TMB Consulting, including this website, are not a substitute for legal advice from a qualified attorney. You should always seek advice from a qualified lawyer for your legal needs.
We are not Certified Public Accountants (CPAs) – we are enrolled agents. Our enrolled agents are tax professionals who have demonstrated technical proficiency in the field of taxation. They are authorized by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service (IRS) for audits, collections, and appeals.
TMB Consulting is a tax consulting firm offering professional tax preparation and consulting services for individuals and businesses. While we serve a variety of industries, including real estate, we provide tax advice, not industry-specific advice such as real estate consulting.