FinAccurate LLC

FinAccurate LLC

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Located in Woburn, Massachusetts, FinAccurate LLC offers comprehensive outsourced bookkeeping and ac

Tax Planning Strategy Session - Jay 03/19/2025

Owning property is an investment, but are you maximizing its financial potential? A Cost Segregation Study unlocks hidden tax savings by reclassifying assets into shorter depreciation periods.

📉 Benefits of CSS include:
✅ Lower tax liability​
✅ Increased cash flow​
✅ Higher return on investment

Instead of slowly depreciating your property over 39 years, you can claim deductions NOW. The sooner you act, the faster you see savings.

Let’s discuss how a CSS can work for you! Book a call today.



Please click on the button below to book a tax planning meeting with me.

Tax Planning Strategy Session - Jay Free Tax Planning assessment session for Small Business Owners

Tax Planning Strategy Session - Jay 03/17/2025

Did you know that many property owners unknowingly pay more in taxes than they should? A Cost Segregation Study (CSS) helps you identify assets that qualify for accelerated depreciation, leading to immediate tax savings and increased cash flow.

✅ Reduce taxable income​
✅ Maximize deductions​
✅ Improve ROI

Instead of waiting decades to recover your investment, CSS lets you claim larger deductions now—keeping more money in your pocket!

📅 Book a free consultation today! Let’s explore how much you could be saving.



Please click on the button below to book a tax planning meeting with me.

Tax Planning Strategy Session - Jay Free Tax Planning assessment session for Small Business Owners

02/21/2025

Is Switching Your LLC to an S-Corp Really Tax-Free?

Someone recently asked:

“My accountant said if I switch my LLC to an S-Corp, I won’t have to pay taxes on distributions. Is that true?”

Let’s break it down.

✅ Yes, switching to an S-Corp is a smart tax strategy—but only if your business is making at least $40,000 in net profit.

❌ No, your distributions are NOT tax-free. That’s a common myth.

Here’s what actually happens:

➡️ When you elect S-Corp status, you must pay yourself a reasonable salary first.
➡️ That salary is subject to payroll taxes (Social Security & Medicare).
➡️ Any leftover profits can be taken as a distribution, which is not subject to self-employment tax—but still taxable as income.

So, while an S-Corp reduces taxes, it doesn’t make them disappear.

If your accountant told you otherwise, they’re giving you bad advice.

⚡ Want to make the right tax moves and keep more of your money?
DM me and let’s talk tax strategy!

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300 Trade Center, Suite 4410
Woburn, MA
01801

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm