Tax Planning for Business Owners
Keep More of What You Earn
Choosing the Right Business Entity
Structure Your Business for Tax Efficiency
Your business entity impacts everything from your tax rate to how you pay yourself. Cremé Wealth helps entrepreneurs navigate decisions around LLC, S-Corp, and C-Corp structures to find what best fits their goals. Through collaboration with our CPA partner, we review your income, payroll, and growth plans to determine whether an S-Corp election could reduce self-employment taxes or if remaining an LLC or sole proprietorship makes more sense.
We make complex tax rules simple to understand so you can focus on what matters—running your business profitably.
Capture Eligible Deductions
Small business owners often miss valuable deductions that could lower their taxable income. Cremé Wealth helps you identify legitimate business expenses and document them properly—everything from home office deductions and mileage tracking to equipment depreciation and employee benefits.
We also evaluate strategies like accountable plans, owner health insurance, and retirement contributions that double as business deductions. Our approach ensures compliance while helping you keep more of what you earn.
Retirement Plans for Businesses
Retirement contributions are among the most powerful tools for small business tax planning. Whether you’re a one-person operation or have employees, Cremé Wealth helps design plans that build wealth while reducing taxes.
Options include SEP IRAs, SIMPLE IRAs, Solo 401(k)s, or full 401(k) plans that support both the owner and team. These contributions can provide immediate deductions, boost retention, and align with your broader financial goals.
Coordinated Personal & Business Tax View
Integrating Your Business and Personal Taxes
Your personal and business finances are connected—and planning one without the other can cost you. Cremé Wealth helps business owners optimize their full financial picture, from adjusting salary and distributions to managing bonuses or major equipment purchases for tax advantage.
By coordinating both sides, we help ensure your business supports your family’s financial goals while keeping tax liabilities predictable and manageable.
Quarterly Tax Planning
Stay Ahead of Quarterly Estimates
No one likes surprises at tax time. That’s why Cremé Wealth assists business owners in reviewing mid-year profits, projecting tax liability, and fine-tuning quarterly payments to stay on track.
Our partnership with experienced CPAs means you’ll always have updated estimates and payment strategies that fit your cash flow. With proactive planning, you can avoid penalties and manage taxes throughout the year—not just in April.
Answers to Common Business Tax Questions
Should my business lease or buy a vehicle?
It depends on your usage, depreciation goals, and financing structure. We’ll help calculate which option delivers the most tax benefit.
How can I reduce self-employment taxes?
We evaluate whether an S-Corp election or specific expense strategies can minimize self-employment tax while maintaining compliance.
What’s the best retirement plan for a one-person business?
Solo 401(k)s often offer the highest contribution limits, but we’ll compare all available options based on your income and goals.
Can my business pay for family health insurance pre-tax?
Yes, under certain structures. We coordinate with CPAs to ensure eligibility and proper reporting.
What if my income fluctuates year to year?
We help smooth out taxable income through deferrals, accelerated deductions, and cash flow planning.
Build Your Business Wealth
Make Every Dollar Count Toward Growth
Effective tax planning is one of the easiest ways to strengthen your business finances. Cremé Wealth helps entrepreneurs across Plano and surrounding Texas communities reduce their tax burden, reinvest profits, and build long-term financial independence. Your business is your legacy—let’s make sure your tax strategy supports its growth.