100 Bayard St, Suite 311
New Brunswick,
NJ 08901
Phone 1-732-846-1700

Tax Planning | Middlesex County, NJ

Sam Fisher has been providing accounting services to Middlesex County and the New Jersey area for more than 23 years. With an astounding track record for success we are confident that we will able to serve and satisfy all of your tax planning needs.

The Breakdown of Tax Planning

Tax planning, by definition, is the analysis of a financial situation or plan from a tax perspective. Tax planning is used to ensure efficiency, as well as having a financial plan that works in the most tax-efficient manner possible. Tax planning is an important part of a financial planning, as reducing tax liability and maximizing eligibility are both critical for success.

There are many elements to consider for tax planning, including purchases and expenditures, the current income, investments and or retirement plans, and a person's filing status and deductions.

Retirement Plans

Using a retirement plan to save is one of the most popular ways to reduce your taxes efficiently. If all qualifications are met, contributing money into a traditional IRA could reduce a person’s gross income up to $6,500.

There are several other plans that individuals can utilize to reduce tax liability. For larger companies with numerous employees, 401(k) plans are widely popular. Employees enrolled can defer income from their paycheck directly into their company’s 401(k) plan. The biggest difference between these plans is that the contribution limit amount for a 401(k) is much higher than that of an IRA.

At Sam Fisher CPA, we have people and experience in place to help ensure the best possible tax service. Functioning as the premier accounting firm in Middlesex County and the New Jersey area, our job is to help you every step of the way, offering the best resources and solutions for:

  • Tax planning to minimize your firm's overall liability
  • Advising you on the tax consequences of business transactions and decisions
  • Reviewing and supporting tax return positions
  • Analyzing the impact of new tax laws and regulations
  • Assisting you in managing your financial statement effective tax rate

 




What People Say About us

"Our company needed an audit of our financial statements in order to maintain our funding. Knowing that our books were not in the greatest shape, I contacted Sam. He and his staff did a great job in straightening out our books and getting the audit done in a timely and professional manner."

E. Avraham
President, CEO

"Sam Fisher has been our personal tax accountant for the past ten (10) years. By finding us tax breaks that our previous accountant never considered, we were able to recover thousands of dollars by filing amended returns. We have been using Sam's services ever since, and he continues to find us tax savings opportunities."

S. Kurzweil
Realtor

"In our law practice, we see many clients who have severe tax problems and tax deficiencies. I have referred a number of these clients to Sam Fisher who has consistently handled these cases in an expedient and professional manner. Most importantly, he has often saved my clients thousands of dollars in taxes by utilizing his knowledge and experience in tax law to their benefit."

Raymond A. Brown, Jr. Esq.
Newark, NJ