For most HVAC owners, tax is the largest check the business writes all year, and it is the only one nobody plans. That money is what buys the salesperson, the service manager, the general manager, the technology system, and the business that finally runs without you. Thirty minutes with Greg and you will know which of the twelve places it hides are live in your business, and roughly what they are worth.
Greg Hostelley, CPATwo minutes on what the call covers
Thirty minutes with Greg
If you pay yourself out of your business, or run anything personal through it, and you write that check every year, this is the call. Built for HVAC owners. Residential, commercial, or both.
Greg asks about your entity, what you pay yourself, the commercial and government work you take, and what you bought this year. Thirty minutes is enough to tell which ones apply to you, and to be specific about it.
A range, in your numbers, not a promise. If the answer is that you are already doing this well, he will tell you that and the call ends early.
A federal deduction on the energy efficient systems you design. When the building belongs to a school or a municipality, the owner cannot use it and can sign it over to you in writing. Most HVAC owners have never asked for that letter.
What has to be decided while the year is still open against what can wait until you file. Nobody is asking you to fire your accountant.
Filing looks backward. It reports a year that already happened, accurately and on time, and that is what your accountant was hired for. Planning looks forward. It changes the number before the year produces it, and it has to happen while the year is still open.
Here is the test. Call your accountant today and ask him to do a proactive review of your business before year end. Most will not have the time. Many will not want the work, because understanding how your company actually runs is not what the job is built around.
We began working with an HVAC company in 2004. Over those years the work was the same work we are describing here, done every year before the year closed. This year the owner sold the company to a buyer who is now a client of ours as well, and we are running the exit tax planning for the sellers right now. That is what this looks like when somebody does it for two decades instead of one year.
A manufacturing client came to us in 2011 with disorganized books, an open IRS liability, and a prior firm whose answer was that he would have to live with it. We amended the prior return and recovered more than $10,000 across federal and state. Then we rebuilt the structure underneath the business, and within two years his effective rate had fallen from the mid forties to the high twenties.
The IRS examined the open years at a family asphalt and concrete company we have served since 1995. It closed with a single adjustment and no penalties. Every strategy we put in front of you is one we have already defended.
Managing Principal of Inner Circle Advisors, forty years on the owner's side of the table, and a Certified Value Builder, which is the methodology for what a business is actually worth when somebody comes to buy it. That matters here, because the point of keeping the money is not the money. It is what you build with it and what it is worth when you are done. He takes these calls himself. You are not getting a junior associate with a script.
Thirty minutes, by phone, at no cost. Greg will ask you eight or nine questions about how the business is put together and then tell you what he thinks is sitting there. If you are already doing this well, he will say so and you will get your afternoon back.
Your details go to Inner Circle Advisors and nowhere else. You get a confirmation and one reminder, and that is all.
One of those is free. Book the call and we send you the twelve place self check immediately, whether you take the call or not.