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FINANCIAL & ESTATE PLANNING
ASSET MANAGEMENT
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Financial planning doesn't have to be hard or intimidating. A financial plan may be a comprehensive plan to deal with all aspects of your financial life or one area such as retirement.
Estate planning is not just for the wealthy. This area of planning includes determining the transfer of assets at death and minimizing estate tax. Arizona is a community property state so if you moved from another state, your previous desires for transfer of property may need to be reviewed.
Some components of planning are:
- identifying your current financial picture and how to reach your goals
- reviewing current investments
- identifying gaps in your financial situation - e.g. insurance, savings
- determining tax impacts when selling investments or exercising stock options
- reviewing what you own and owe to find potential savings CE Thomas Asset Management is a separate entity that manages investments for clients. Catherine Thomas is a Registered Investment Advisor (RIA). RIA's, unlike brokers are required to put clients needs first and work in their best interest.
Asset management mainly concerns building and preserving your wealth for your future needs. The following items are part of this service.
- reviewing current investments and formulating portfolio allocations
- coordinating investments with any workplace retirement plans
- preparing paperwork for financial products or investments we are managing
- periodic rebalancing of your portfolio
- periodic performance reporting
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TAX PREPARATION & PLANNING
SMALL BUSINESS CONSULTING
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Experience and thoroughness are important when selecting someone to prepare your tax returns and I limit the number of clients and returns prepared each tax season to ensure they are not rushed through. You are not sent to a junior staff person for your tax appointment, I sit down with you and also provide ideas for the upcoming year.
Also, as a CPA, should a tax audit occur, I am authorized to appear on your behalf before the Internal Revenue Service. I prepare returns for Individuals, Estates, Trusts, Small Businesses.
Types of returns:
- Federal Income Tax
- State Income Tax - all states
- Payroll tax
- Unemployment tax |
Starting and running a small business can seem overwhelming at times. Consulting with an experienced and independent advisor can prove worthwhile for matters such as:
- what type of business form should I select
- what types of tax forms need to be filed and when? do I need any licenses?
- ROI analysis
- developing budgets and projections
- determining financing options and terms
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