Advanced Tax Planning

Tax planning is very important. You can take steps now to reduce the taxes you pay next year, which could mean a decrease in your tax liability or a larger refund. One of the benefits of Tax Planning is taking advantage of tax law changes that provide opportunities for tax savings.

We at GTF, can help you plan your taxes in advance as itemized below:

W4 Analysis for ensuring appropriate federal, state and tax withholdings (ideal for consultants on H1/L1/TN Visa including those on EAD/Green Card).
Wage Income Planning through Pre-tax Contributions like 401k/Cafeteria Plans/Other eligible plans.
Nonresident Income Planning for Nonimmigrant Individuals on H1/L1/EAD/F/M/J/Q Visa.
Setting up of Self-Directed IRA and creation of IRA LLC and Custodian Account for routing investments into India or elsewhere.
Health Savings Account/Flexible Spending Account.
Exercising of Stock Options (ISO/ESPP/NSO/RSO).