Stop Filing Taxes.
Start Planning Them.
Don't wait until April to think about your taxes. Our proactive tax planning services help you identify savings opportunities, optimize your business structure, and implement strategies to keep more of what you earn — legally.
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Tax Filing vs.
Tax Planning
Tax filing is backward-looking. You gather your documents, report what happened, and pay whatever the return says. Most people stop there.
Tax planning is forward-looking. The goal is to arrange your financial affairs so that you pay the lowest amount legally required — by making the right moves before the year ends, not after.
The window for most tax-saving strategies closes on December 31. After that, your CPA can only report what happened — not change it.
Start Planning Now →The tax planning mindset
Deductions can be accelerated, income can be deferred, structure can be changed, contributions can be made.
After midnight on December 31, most planning opportunities for that tax year are gone permanently.
By now, your tax liability is already fixed. Filing is just the paperwork. The savings — or the overpayment — were locked in months ago.
The Average WELFO Client
Saves $4,200+ per Year
Through entity optimization, deduction strategy, and year-end planning — most of our clients see meaningful tax reduction within the first year of proactive planning.
Calculate My Potential Savings →Our Tax Planning
Services
A custom-built roadmap to minimize your tax burden through legal optimization — implemented year-round, not just in April.
Tax Strategy & Optimization
A custom-built tax roadmap designed to minimize your lifetime tax burden through legal optimization — accounting for your income, structure, and financial goals.
Entity Structure Selection
Analysis of whether LLC, S-Corp, or C-Corp status is most tax-efficient for your specific goals — with real numbers showing the difference in your annual tax bill.
Year-End Tax Planning
Strategic moves made before December 31 to lower your taxable income for the current year — timed to close before the window shuts permanently.
Estimated Tax Projections
Accurate quarterly calculations to ensure you pay the right amount throughout the year — avoiding both IRS underpayment penalties and unnecessary cash-flow drain.
Self-Employment Tax Optimization
Specific strategies for freelancers and small business owners to reduce Social Security and Medicare tax costs — often saving thousands annually through correct structuring.
Retirement & Deduction Planning
Maximizing retirement account contributions, Section 179 deductions, depreciation strategies, and timing of income and expenses to reduce your current-year tax liability.
Switching to an S-Corp on WELFO's advice saved me over $6,800 last year alone in self-employment taxes. The election took about two weeks to set up. I genuinely don't know why I waited so long.
How We Plan Your Taxes
All Year Long
Effective tax planning isn't a once-a-year event. Here's what proactive tax management looks like throughout the year.
Review & Benchmark
Analyze prior year return, identify what was missed, and set a specific tax reduction target for the current year. Adjust estimated payments based on projected income.
Estimated payment · Apr 15Mid-Year Projection
Run a mid-year tax projection based on actual income through June. Identify opportunities to accelerate deductions or defer income if needed. Recalculate Q3 estimate.
Estimated payment · Jun 15Strategy Review
Review major transactions, assess retirement contribution strategy, evaluate whether entity structure changes make sense for next year. Prepare year-end action plan.
Estimated payment · Sep 15Year-End Sprint
Execute year-end moves before December 31: accelerate deductions, maximize retirement contributions, time equipment purchases, defer invoices if beneficial.
Estimated payment · Jan 15Our Tax Planning
Services
A custom-built roadmap to minimize your tax burden through legal optimization — implemented year-round, not just in April.
Tax Strategy & Optimization
A custom-built tax roadmap designed to minimize your lifetime tax burden through legal optimization — accounting for your income, structure, and financial goals.
Entity Structure Selection
Analysis of whether LLC, S-Corp, or C-Corp status is most tax-efficient for your specific goals — with real numbers showing the difference in your annual tax bill.
Year-End Tax Planning
Strategic moves made before December 31 to lower your taxable income for the current year — timed to close before the window shuts permanently.
Estimated Tax Projections
Accurate quarterly calculations to ensure you pay the right amount throughout the year — avoiding both IRS underpayment penalties and unnecessary cash-flow drain.
Self-Employment Tax Optimization
Specific strategies for freelancers and small business owners to reduce Social Security and Medicare tax costs — often saving thousands annually through correct structuring.
Retirement & Deduction Planning
Maximizing retirement account contributions, Section 179 deductions, depreciation strategies, and timing of income and expenses to reduce your current-year tax liability.
Switching to an S-Corp on WELFO's advice saved me over $6,800 last year alone in self-employment taxes. The election took about two weeks to set up. I genuinely don't know why I waited so long.
The 15.3% Tax
Most People Overpay
Self-employment tax (Social Security + Medicare) is 15.3% on net self-employment income — on top of regular income tax. For a freelancer earning $100K net, that's $15,300 in SE tax alone.
The S-Corp strategy splits your income into salary (subject to SE tax) and distributions (not subject to SE tax). Executed correctly, this is one of the highest-ROI tax moves available to self-employed individuals.
Assess Your Net Profit
The S-Corp election typically makes financial sense when your net self-employment income exceeds approximately $40,000–$50,000 per year.
Determine Reasonable Compensation
We analyze your role and industry to document a defensible salary — one that satisfies the IRS while maximizing your tax savings.
Set Up Payroll
Payroll is required for S-Corps. We help set up the system and ensure withholding, deposits, and W-2 issuance are all handled correctly.
Take Distributions
Remaining profit above your salary is taken as a distribution — free of self-employment tax, legally reducing your total SE tax burden.
The Numbers
in Practice
Freelancer earning $120K net profit
* Illustrative only. Actual savings depend on salary level, state, and other factors. SE tax figures use 2024 rates.
A SEP-IRA or Solo 401(k) can shelter up to $69,000/year (2024) from income tax. The deduction reduces both income and SE tax for self-employed individuals.
If you work from home, you may deduct a portion of rent or mortgage, utilities, and internet. Properly documented, this is a recurring annual deduction most people miss.
What Tax Planning
Actually Changes
The difference between clients who plan and clients who only file is measured in thousands of dollars every year.
Without Tax Planning
- Pay 15.3% SE tax on 100% of net profit as an LLC when you didn't have to
- Miss year-end deductions because you didn't act before December 31
- Underpayment penalties for not making quarterly estimated payments
- Overfund retirement accounts — or miss the contribution window entirely
- Choose the wrong entity structure based on generic advice, not your numbers
- Discover your tax liability in April — with no time left to change anything
With WELFO Tax Planning
- S-Corp election eliminates SE tax on distributions — saving thousands annually
- Year-end moves executed before December 31 — deductions captured on time
- Quarterly estimates calculated accurately — no penalties, no cash flow surprises
- Retirement contributions maximized — every dollar sheltered that can be
- Entity structure chosen based on your actual numbers — not assumptions
- Tax liability known in Q3 — time to act before the year closes
Know the Price
Before You Start
We use flat-fee pricing. You approve the number first, and we commit to results in writing.
Tax Strategy Review & Entity Analysis
- Review of your income and current structure
- Entity analysis with real numbers
- Specific plan within 24h of your call
Ongoing Planning Engagement
- Quarterly check-ins
- Year-end planning session
- Estimated tax projections
At least double your fee back in tax savings
With our Tax Planning service, we commit to saving you at least twice the cost of the service. If we can't find a way to do it, you get a full refund.
Tax Planning Questions,
Answered Honestly
Start Planning Before
The Year Ends
Every month you wait is money you can't get back. Book a planning session today.
Flat-fee · No obligation · Response within 24h · English & Russian