| name | tax-planning |
| description | Plan tax strategy — entity structure, deductions, credits, jurisdiction analysis, compliance calendar, and estimated liability. TRIGGER when: user says /tax-planning, needs tax planning guidance, or asks about tax optimization strategies.
|
| argument-hint | [entity or tax situation to plan for] |
| user-invocable | true |
Tax Planning
Disclaimer: This is not tax advice. Consult a qualified tax professional.
Process
Step 1: Assess Current Tax Position
| Element | Details |
|---|
| Entity type | Sole proprietor, LLC, S-Corp, C-Corp, Partnership |
| Jurisdictions | Federal, state(s), international |
| Revenue | Annual revenue and growth trajectory |
| Effective rate | Actual tax paid / taxable income |
Step 2: Identify Optimization Opportunities
| Strategy | Applicability | Estimated Impact |
|---|
| Entity restructuring | Growth stage changes | Variable |
| R&D tax credits | Development activity | 6-8% of qualifying expenses |
| Depreciation acceleration | Capital-intensive | Timing benefit |
| Retirement contributions | All entities | Deduction up to limits |
| State tax planning | Multi-state | Rate differential savings |
Step 3: Build Compliance Calendar
| Date | Filing | Jurisdiction |
|---|
| Jan 15 | Q4 estimated payment | Federal |
| Mar 15 | Partnership/S-Corp returns | Federal |
| Apr 15 | Individual/C-Corp, Q1 estimated | Federal |
| Jun 15 | Q2 estimated | Federal |
| Sep 15 | Q3 estimated | Federal |
Step 4: Estimate Liability
| Component | Current Year | Next Year |
|---|
| Revenue | $X | $X |
| Deductions | $X | $X |
| Taxable income | $X | $X |
| Estimated liability | $X | $X |
Output Format
## Tax Plan: [Entity]
### Current Position: [rate, key facts]
### Opportunities: [prioritized strategies]
### Calendar: [key dates]
### Estimated Impact: [projected savings]
Quality Checklist
Edge Cases
- For international operations, consider transfer pricing and tax treaties
- For startups, focus on R&D credits and NOL carryforward
- For crypto assets, track cost basis meticulously