At T. S. Allen & Associates, tax season isn’t a once-a-year scramble—it’s a year-round plan. We help small and midsize business owners reduce taxes, improve cash flow, and make smarter decisions with proactive, compliant strategies.
Serving clients in Colorado, New Mexico, Wyoming, and beyond | Virtual firm for busy owners
Why Tax Strategy Matters
​​​A well-designed plan helps you:
-
Minimize current and future tax burden
-
Capture overlooked deductions and credits
-
Time income and expenses for optimal benefits
-
Avoid penalties and surprise tax bills
-
Support long-term wealth building
What We Do for Business Owners
-
Analyze your business and personal financial picture
-
Design tailored strategies (entity structure, compensation, retirement plans, accountable plan, IRS and State credits when applicable)
-
Monitor tax-law changes and update your plan
-
Coordinate with your financial plan for maximum after-tax results
-
Advise year-round, not just in April
Our Process
Discovery & Analysis – We review returns, books, and goals to spot opportunities.
Custom Strategy Design – We prioritize actions to legally reduce taxes and align with your goals.
Ongoing Monitoring – We adjust as your business and tax laws change.
Clear Communication – Straightforward guidance and step-by-step next actions.
Results You Can Expect
A plan that’s more than a one-time fix—think sustained savings, better cash flow, and greater confidence.
FAQ:
What’s the difference between tax planning and tax preparation? Planning is year-round strategy to reduce taxes; preparation is filing last year’s returns. We offer both services.
When should I start tax planning? Now. The biggest savings come from decisions made during the year, not at filing time. Also bear in mind that it can take 30-60 days to fully onboard before we can begin planning. So, don't wait.
Do I need an S-Corp for tax savings? It depends on your profits, payroll mix, and state rules. We run the numbers before recommending a change.
How much can proactive planning save? It varies—some clients see thousands to six figures depending on their situation and actions taken.
How do I get started? Click below and complete the Tax Strategy Assessment (takes 2 minutes). We'll follow up by email.