Golden Tax Relief (630-278-5023) offers tax planning services for real estate brokers in DuPage County, Illinois. The Elmhurst-based firm helps clients reduce their tax burden legally through strategic planning and maximizing exemptions, without using gimmicks and loopholes.
The housing market has been hot for months, but real estate experts are wondering whether recent numbers indicate we're in for an unseasonable cooling trend this summer.
Typically, real estate is a brisk business at this time of year. The rapid pace of showings, listings, and marketing makes it tempting to put bookkeeping on the back burner. But this summer, number crunching and managing cash flow may be more important than ever if you want to keep your cash flow healthy. And Golden Tax Relief’s tax experts can help real estate brokers who are stretched thin reduce their tax liability and hold onto more of their money.
If you'd like to learn more, visit https://www.goldentaxrelief.com
The tax firm's announcement comes as experts warn real estate professionals they may not realize the profits they expected this summer. The months of May through July are traditionally the busiest for housing sales, but rising interest rates and other economic forces seem to be disturbing the upward trend.
Between March and April, sales of existing homes dropped 3.4 percent nationwide, according to data from the National Association of Realtors. Sales in all four major U.S. markets were lower, for both month-to-month and year-to-year comparisons. Competing market forces are causing these market fluctuations, according to NAR officials. It’s hard to predict whether job gains and limited inventory will keep housing sales strong, or whether interest rates, inflation, and a soft economy will dampen buyer enthusiasm.
You invest significant amounts of up-front labor and resources in your clients. Right now, it's unclear how well these investments will pay off. When the return is unpredictable, it’s important to hold onto all the money you can legally. After all, cash flow issues are a leading cause of business failure. And that’s where Golden Tax Relief comes in.
The consultancy's certified tax planners meet with clients to learn their business goals, challenges, and processes. Tax experts will also review past returns to help brokers create custom tax plans unique to their businesses. Rather than using gimmicks and loopholes, Golden Tax Relief’s experts maximize exemptions, deductions, and timing-related strategies to help their clients pay the legal minimum.
“Taxes are a necessary part of business, but there is no reason you should pay any more than legally necessary,” a company representative said. “We create a comprehensive, custom tax plan that will reduce your tax liability year over year, allowing you to put more money back into your business, increase your retirement savings, and maintain your lifestyle!”
Rated one of the fastest-growing companies in the nation in 2022, Golden Tax Relief serves customers in DuPage and surrounding counties. To qualify, you must have been in business for at least two years and have $50,000 in revenues.
Click https://www.goldentaxrelief.com to make an appointment or learn more.