Planning Reports

~$208K–$269K of federal tax addressed across 5 quantified opportunities (cash-balance/DB plan, §199A QBI capture, bonus depreciation, CA PTET election, and the reasonable-comp reset that unlocks the first two), plus two constraints that gate them — stock basis is nearly exhausted, and the self-rental to the S-corp is recharacterized as non-passive. The buyout structure and multi-state nexus remain to resolve before filing. Figures are additive at the item level; the DB and §179 deductions reduce QBI, and roughly $138K of §179 suspends until basis is restored, so the combined result is modelled net at engagement.

~$23K–$27K of federal tax addressed across a large retirement deferral and a Q4 estimate, with a QBI/SSTB question to confirm.

~$34,491+ of federal tax addressed across 10 opportunities.

~$218,957+ of federal tax addressed across 19 opportunities.

~$3,068+ of federal tax addressed across 10 opportunities.

~$28,678+ of federal tax addressed across 10 opportunities.

~$630K–$675K of federal tax addressed across 4 opportunities (QSBS exclusion, loss harvesting, charitable bunching, gifting), plus the sale-structure question to resolve before filing.

~$54K–$90K of federal tax addressed across 3 opportunities (charitable bunching, gain diversification, Q4 estimate), with an opportunity-zone question to evaluate.

~$12K–$25K of federal tax addressed this year (retirement deferral, Q4 estimate), with a high-stakes asset-vs-stock sale structure to model before any LOI is signed.

~$4K–$9.5K of federal tax addressed across a withholding fix and the new rental's depreciation setup, with a small Q4 true-up.

~$4K–$9.5K of federal tax addressed (equipment expensing, small Q4 estimate) plus §199A preserved, with payroll/credit setup for the first hire.

~$20,000 of traditional IRA repositioned into Roth this year — a multi-year conversion window worth potentially tens of thousands in lifetime tax, sized within the 22% bracket and below the IRMAA threshold.

~$34,280+ of federal tax addressed across 10 opportunities.

~$80K–$90K of corporate-level accumulated earnings tax exposure identified, addressable via a documented reasonable-needs plan or a year-end dividend, plus a bonus-timing lever worth ~$14K–$18K and a QSBS eligibility question to resolve before more stock is issued.

The retiring partner's buyout is a one-time window to make a §754 election worth an estimated $9,000–$14,000/year in incremental depreciation to the remaining partners, plus a guaranteed-payment classification review worth ~$4,000–$7,000 of SE tax exposure.

The family trust reaches the top 37% bracket at just $16,000 of taxable income; a §663(b) 65-day-election distribution to the two lower-bracket beneficiaries is worth an estimated $6,000–$11,000 in shifted tax, but requires a proper DNI computation and tier ordering across all three beneficiaries first.

Growing California-sourced consulting revenue is now generating a real CA nonresident tax bill — an estimated $28,000–$36,000 this year — with no Washington resident credit available to offset any of it, unlike a client moving between two taxing states.

A routine, well-settled year: no hard deadlines, but topping off HSA and 401(k) contributions before year-end captures a modest, low-effort tax benefit worth confirming.

With daycare costs starting for the new child, electing the §21 dependent-care credit over a §129 employer FSA before open enrollment closes is worth roughly $2,170–$2,325, plus an open question on starting 529 accounts for both children.

~$25,453+ of federal tax addressed across 15 opportunities.

No quantified year-end move identified yet — the open item is a Social Security claiming-timing review to manage benefit taxability against her pension income.

~$45,778+ of federal tax addressed across 15 opportunities.

~$14,460+ of federal tax addressed across 10 opportunities.

~$16,275+ of federal tax addressed by electing California's pass-through entity tax before year-end.

~$1,868+ of federal tax addressed across 9 opportunities.

~$1,320+ of tax benefit from electing the §129 dependent-care FSA over the §21 credit, sized to her income level.