%Tax planning is often a forgotten part of retirement planning. This is an important step in the planning process, which is why Advanced Retirement Planning Advisors have in-house tax planners.

Some of our Tax Services include the following, but not limited to:

• Tax Advisory
• Individual Tax
• Tax Preparation
• Tax Planning
• Tax Minimization Planning
• Tax Free Retirement Income
• Tax Free Retirement Planning

Complete Personal Income Tax Preparation: We constantly keep up to date with the current tax codes and utilize some of the most sophisticated tax preparation software in the industry.

Tax Preparation

Our individual and small business clients are from all walks of life. Our individual tax clients are doctors, lawyers and other professionals, including investors, executives and high net worth individuals.

ARP Tax Pro has been providing tax and accounting services for over 15 years. The quality of service and the value that we provide have resulted in our firm’s continued growth.

Our tax preparation, planning and consulting services include:

• Individual Tax

• Nonprofit Tax (990/990T UBIT Returns)

• Property, Payroll, Sales & Use Tax

• Bookkeeping

Tax Return Preparation

For your tax returns, you need a Certified Tax Preparer that’s reliable. We will make sure your federal and state income tax returns, property tax returns and trust and estate tax returns are filed right. Our dedicated tax group is trusted by doctors, lawyers, investors, executives and other professionals and high net-worth individuals. Individuals from all walks of life have been relying on ARP Tax Pro for quality tax preparation for many years.

Tax Planning and Compliance

Tax planning for individuals is an important aspect of family wealth and retirement planning. Regardless of your background, the type of work you do, or your economic status, planning for your future and the futures of your children is something you must do throughout your life.

We take take pride in not just filing income tax returns for our clients, but helping them plan for a better financial future. We can help you with estate planning and assist you with a host of strategies to maximize your tax benefits.

To provide the best tax advice, it is vital to understand where our clients are today and where they are going. By gaining this understanding of your goals and objectives, we can work with you to design tax planning strategies geared to help you achieve your short- and long-term goals.

We are only a phone call away and always available to help our clients with planning transactions or structuring deals to help them minimize their tax liability. We pride ourselves on creating strong, lasting relationships with our clients so we can help you as your needs and circumstances change.

Our services include:

• Personal tax return preparation

• Succession planning

• Charitable giving

• Executive compensation

• Family estate and gift planning

• Tax Free Retirement income

• Tax Free Retirement planning

• Year-end tax planning

What we bring to the table is simple: value.

Tax Free Retirement Income

With ballooning annual deficits, unfunded liabilities, and entitlement programs, our country is without question headed toward stifling taxes in the future. Do you have a plan to deal with the inevitable tax increases that will be needed to pay for these programs?

Most individuals are focused during their working years on funding tax-deferred savings plans like 401k and IRAs and fail to adequately prepare for the possibility that future taxes and living expenses will rise. Generally, planners and advisors advocate that money should be placed in tax-deferred vehicles such as 401k and IRAs during working years, because they assume you will live on less in retirement. While this may be the case for the highest income earners, many will find that due to inflation in energy costs, healthcare premiums, and taxes, they may actually need more income during retirement to maintain their standard of living.

REDUCE TAXES ON SOCIAL SECURITY INCOME

In addition, most Americans will rely to some degree upon Social Security to supplement their standard of living during retirement. If a retiree’s other income sources are taxable, then the portion of Social Security income that is taxable could rise to as high as 85%.

TAX FREE RETIREMENT INCOME PLANNING

As part of your income strategy, we suggest that if you have the opportunity, you should make part of your income tax free. In other words, if part of your income in retirement comes from tax-free sources and never has to appear on your tax return, you will actually reduce your taxes on the rest of your income, including Social Security. Of course, the challenge is to find a financial vehicle that will allow you to accomplish this without sacrificing other important goals; we have discovered an innovative approach that combines a number of the following powerful features:

• Principal protection

• Market-linked growth

• Tax-free accumulation

• Tax-free access for major expenditures

• Tax-free access for long term care

• Tax-free access for retirement income

• Tax-free cash to your family or business partners

We’ll show you how to take your income from forever taxed to never taxed. You’ll learn how to reduce or eliminate taxes and create lifetime income without putting a dime of your money at risk to the market. It’s information that no-one else is giving you.

Tax Free Retirement Planning

A lot has happened in the world over the past decade and people are looking for alternatives for a portion of their savings to the traditional way of investing in the stocks and bonds market.

For most, the years 2000-2010 were called the decade of ZERO. You watched your savings go on a wild ride only to leave you with what you started with over a decade earlier. You work hard to create a brighter future for you and those you love. Don’t let another decade of Wall Street’s wild ride take away all your future financial dreams.

We believe you should never put all your money in one place, but you should have a portion that offers protection for you and your family, good upside potential with NO Market downturn risk. It also has some of the best tax benefits (when you access your money) available today (especially if you believe taxes will increase in the future).

We know this program works, but it needs to be tailored to your exact situation to accomplish the goals you are trying to reach with the flexibility to change if your situation changes.

One of the greatest benefits is when you access it for retirement income you will pay NO taxes on your income. (IRS Sect 7702)

EIUL is a hybrid program that offers family protection and distinct advantages not found in any other insurance or safe growth and income accumulation products.

TOP 10 Reasons to consider a Retirement, Growth & Income Life Plan

1.  TAX FREE INCOME – at Retirement (IRS Sect 7702)

2.  NO MORE DOWN YEARS – In years when the market is down you lose 0 ZERO!

3.  RETAIN YOUR GAINS – In years when the market declines, you never lose your market gains once you earned them. You only pay the annual costs.

4.  FLEXIBILITY – with greater access than most Qualified Plans

5.  TAX FREE PROCEEDS – transferable when you die.

6.  ANNUAL GAINS UP 12% to 14% – when the market is up. This is on all deposits over the annual costs in your program.

7.  ACCESS – Access to your money for emergencies with NO pre 59 1/2 penalties

8.  PROTECTION – For loved ones if you aren’t there to complete your plan.

9.  STABILITY – Backed up by an A+ financially stable insurance company

10. ABILITY TO SUPERFUND – These programs work best with minimum insurance and maximum annual funding. This combination can put the costs below many qualified plans and mutual fund expenses.

Traditional Retirement Plans

Most individuals are putting their retirement assets in 401k’s, 403b’s and IRA’s. The majority of the assets are going into the stock and bond markets. The main reason people put money there is because of pre-tax or the Tax Deduction they receive on their income. In theory this is good and many individuals have done well in the markets.

The problem is when you begin to pull out your money at retirement, because you had a deduction when you put your money in, now you get to pay taxes for the rest of your life as well as leave your qualified assets to your family to pay taxes for the rest of their lives. We haven’t even mentioned the risk you are taking being invested directly in the stock market and the limited access before 59 1/2.

Alternative: Retirement Growth & Income Life Plan

Equity indexed universal life insurance offers a unique combination of affordable protection for your family and business with the ability to accumulate cash values that grow with the upward movement of a stock index which varies from company to company.

The indexes that can be offered include the S & P 500, Dow Jones, NASDAQ, Midcap 400, the Russell 2000 and some international indexes. Not all indexes are available at all companies.

EUL’s currently have the potential upside cap of between i.e.. 12%-15% in years when you have no market gains depending on the company you choose to work with. ( We work with several top firms)

In a year when you have a market loss i.e.. (20%-40%) down you will have no gains, but you have NO losses. During 2000-2010 (the lost decade), most EUL’s have averaged returns between 6%-8% annually depending on the index options you chose. This is including 4 years of 0 returns.

That’s better than the majority of investors experienced during that same time frame in the actual stock market. Most individuals we have worked with were happy to give up a percentage of their upside to make sure they never have a down year again.

Most individuals are barely back to even after 10 years of investing.

Whether your objective is to obtain a flexible low cost life insurance policy, to maximize retirement income in the most tax efficient way or to provide liquidity in estate planning, equity indexed life insurance can help you reach your family and business objectives.