Learn how to save clients money on taxes through proactive tax planning, even if you’ve been providing only tax preparation services until now. We’ll guide you through every step of marketing tax services, pricing, selling, onboarding and delivering tax planning services to clients.
If you could sit down with a business owner for 45 minutes and ask them anything you wanted, would you be able to estimate how much they could save in taxes in the current year—even if you didn’t have their tax return? Tax planning is perhaps the most powerful tool you have in starting a client relationship. Do you feel like you:
If you answered “yes” to either of those questions, then you need Corvee Tax Planning Professionals. We give you the tools to be able to provide this value in a matter of minutes, and then deliver the final tax plan in just a few days to grow your tax practice.
Before Year End…
After Year End…
Tax Planning is the process of looking at a person’s life, business, and regulatory requirements to LEGALLY reduce taxes.
Tax preparation is the process of preparing tax returns for submissions to IRS.
12/31/20XX
For us to be able to do a tax plan, we need at least $70,000 of taxable income projected over the next 12 months. We’ve designed LinkedIn marketing, Facebook advertising and email marketing campaigns to help grow your tax practice and target these business owners. We will give you and your team the templates to implement them all.
While you may be giving some tax planning services away for free, starting to package tax planning, implementation, quarterlies and preparation separately will increase the savings you can achieve per client. When you can achieve more savings, you can charge more—which means higher profit margins while growing your tax practice.
While people talk about value pricing, few know how to do it well and get clients to see the value. We help you by first estimating the client’s current and future year savings. Then, you’ll charge 30% of the current year estimated savings for the tax plan. That amount does not include your fees for implementation, quarterlies or preparation.
You might know a lot about tax planning, but how many new clients have you closed in the last 4 weeks? If the answer is less than 8, you need our 150+ slide education-based sales presentation. In it, we cover:
From the request list, questionnaires, kick-off call script and tax savings strategies to the tax plan itself, we give you the templates you need to be able to present a professional tax plan to the client, including:
Our team of tax planning professionals has scoured the tax code for the most common and most effective tax planning strategies for:
For each strategy we use to save your clients money on taxes, you can share supporting documentation which cover the following:
Our team of Certified Public Accountants (CPAs), Enrolled Agents (EAs) and Juris Doctors (JDs) have saved their clients hundreds of millions in taxes. They are also eager to share insights into some of the most important things to consider at every step of your journey, from marketing tax services to basic and advanced tax strategies. You’ll have access to these experts in our private Facebook group, and their materials from our client events.
Once you transition to tax planning, you can also offer implementation, quarterlies and preparation. Each of these engagements is priced separately and can be bundled together, but must meet certain pricing targets. In almost every case, even though we charge the client 5-7x more than their previous year, they are still saving more post-tax cash. There are often also third-party commissions and fees you receive from clients, which are in addition to the fees below.
The planning is the most important part of the engagement. You are performing a review of your client’s tax position and making recommendations on how much you can save them. You’ll charge 30% of the estimated savings, minimum $2,500 and capped at $9,800. We limit the pricing to $9,800 to get the client in the door. We make the rest during implementation.
During the planning engagement, you’ll present the client with anywhere from 1-25+ strategies depending on their circumstances. You may choose 1-4 basic strategies to implement with planning, but most strategies require time to implement. We suggest you charge a minimum of $1,000 and up to tens of thousands or more for implementation. There may also be commissions from third parties.
We charge $1,000+ or more per quarter. If you’re bundling preparation, ensure that you add that to the price. Keeping up with the compliance to ensure the savings are defendable and realized in the returns, you may decide to charge for quarterly maintenance. This includes basic planning, implementation of basic planning strategies and review of financial results and estimated payments.
The preparation of the returns is a separate fee from the planning and the implementation. This also does not include any write-up or clean-up work. Business returns are a minimum of $1,200 with a target of $2,000+, while individual returns are a minimum of $750 with a target of $1,000+.
Hear from tax planning professionals who have made tax planning the centerpiece of their firm.
Please fill out the form below.
Fill out the form below, and we’ll be in touch.
Please fill out the form below.
Please fill out the form below.
Please fill out the form below.
Please fill out the form below.