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Tax planning services

By the time you file, you can no longer change the tax on a December bonus or an August property sale.

Dimov Tax provides tax planning services for individuals, families and owners who want the projected number while the decision is still open. Our CPAs run the projection, and a CFP works with you on the cash flow, retirement and investment side.

What our CPA tax planning includes

Start with one question or a full trial return. We agree the scope before we start.

  • Verbal tax consultation.

    One appointment to review a choice, explain the tax mechanics and decide whether you need a calculation.

  • Numerical projection.

    We run a trial federal and state return in professional tax software, compare scenarios and set the tax reserve for each.

  • Withholding and estimated payments.

    We review your payroll withholding, give you the W-4 change to hand your employer and set quarterly estimated taxes for income with no withholding.

  • CFP and CPA coordination.

    A CFP takes the tax result into your cash needs, retirement timing and account choices.

  • Major event modeling.

    We test a bonus, equity compensation, self-employment income, crypto trades, a move, a property or investment sale or a retirement decision before it happens.

  • Planning into filing.

    When filing is part of the engagement, we swap the assumptions for the actual documents and carry the planning file into the Form 1040 return.

How December bonus withholding works

A $100,000 bonus for a household already in the 35% federal bracket. We assume the full bonus is taxed at 35% and leave state tax out. 2026 rates.

ItemAmount
Bonus paid in December$100,000
Federal tax payroll withholds at the 22% supplemental rate$22,000
Federal tax due at the 35% bracket$35,000
Shortfall to cover by estimate or extra withholding$13,000

How our tax planning service works

  1. Step 01.

    You send the baseline. The prior return, current pay, business or investment income, your state, the events ahead and your goals. Existing clients skip to what changed.

  2. Step 02.

    We model the scenarios. A specialist enters the assumptions, projects the federal and state result for each timing or amount you want tested, and marks which inputs are facts and which are estimates.

  3. Step 03.

    You get the actions. A tax reserve, the W-4 change, a quarterly payment schedule and the records to keep, each tied to the scenario you picked.

  4. Step 04.

    We update the model. When your income or plans change, we rerun the projection and reissue the actions.

How our tax planning services work year round

Year round tax planning is a loop. We start from where you stand on tax today, project the next decision, act on it, check the projection against the actual result and start again.

Our tax strategy services include a CFP, who acts as a fiduciary when giving financial advice and works through investment allocation with you alongside the tax projection. We scope investment implementation and ongoing management separately.

You start the loop again after a bonus, a new job, a business change, a move, a sale, a family event or a change in goals.

The year round tax planning loop

  1. Plan

    Prior return • income changes • goals and constraints

  2. Project

    Trial return • federal and state scenarios • tax reserve

  3. Act

    W-4 change • estimated payments • timing decisions

  4. Review

    Compare actual results • update assumptions • carry into filing

Have a decision modeled before you act

Send the decision and the date you need to act by, and we come back with the projected tax each way.

Each person that reaches out to us gets a custom quote and a custom proposal for their exact tax situation.

George Dimov, CPA

We were impressed with their ability to look at our overall financial and tax needs from several different angles.

Christopher Kilpatrick, President, Insurance AgencyClutch review
  • 5/5 rating across the major review platforms

  • 3,000+ five star reviews

  • Free estimate before any work starts

Tax planning for individuals with complex income

Proactive tax planning is for a household with a decision to make before filing season and more than one income source changing in the same year.

  • HIGH EARNERS

    Bonuses, equity compensation, spouse income and payroll withholding go on one return, so our high income tax planning shows the combined number before year end, while you can still act.

  • OWNERS AND SELF-EMPLOYED

    Variable profit, K-1s, draws and more than one entity change both cash flow and the quarterly payments, so we update the projection through the year.

  • HOUSEHOLDS IN TRANSITION

    A job change, a move within the US or abroad, a property sale, a retirement decision, an inheritance or a charitable gift can affect more than one tax year, so we model the event and the financial choices around it.

Tax planning cost factors

We set the quote from these factors:

  • The scope, a consultation, a projection or a full trial return
  • How many scenarios you want compared
  • How many states tax your income
  • Whether CFP planning is included
  • Whether filing is included

One consultation on one question is at the light end. These are the factors, not a quote.

Speak with a tax planning CPA

Send the question, the latest numbers and the date you need to act by, and we tell you whether it takes a consultation, a projection, a withholding review, an estimated payment plan or filing support.