Tax Preparation Service in Orlando, FL

Expert Financial Planning Services

Don't Pay More Than You Have To

For most Americans, taxes are the single biggest expenditure year in and year out. When faced with such a large recurring payment, you should be sure that you aren’t paying more than you have to. Getting your taxes prepared by a tax preparation professional can save you hundreds to thousands of dollars on your taxes and keep the IRS out of your mailbox.

At Nelson Financial Planning, our tax preparation and financial planning team has over 30 years of experience serving individuals and families across the Orlando, FL area. When you bring your taxes to us, we use our comprehensive tax code knowledge to prepare your taxes quickly and correctly, all while saving you as much money as possible. We specialize in tax preparation and investment services for retired clients and work to build a sound investment plan to help you get the most out of your retirement benefits, pension plan, and 401k plan. Read on to learn more about our tax services, and call our office at 407-629-6477 to schedule an appointment with us today!

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What Can Affect Your Taxes?

There are only two things guaranteed in this life—death and taxes. At least with taxes, you can try to minimize their effect. Our tax system in this country is desperately in need of a complete overhaul. The current tax code covers over 72,000 pages and is a marvel in complexity and exceptions. Depending on your income level, taxes can claim over one-third of your money. This is a particular concern if you are planning for retirement.

As part of our retirement savings plan, our financial planners look ahead at your potential tax bill in retirement and provide retirement advice to help you budget for this expense. We pay particular attention to tax situations that allow for free withdrawals of pre-tax retirement assets. In addition, we also focus on the levels of income that trigger taxation of Social Security benefits. These are just two of the scenarios that can occur in retirement that have a dramatic impact on your retirement income.

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Before You Retire: Our Three-Step Tax Preparation Process

As part of our tax return preparation process, your tax information goes through three levels of review before being filed to ensure the utmost accuracy. Our financial planners also do this to take advantage of any opportunities to reduce your taxes. When this process begins, our tax liaison gathers all your tax information and ensures that all possible tax-related items are collected. Next, our CPA reviews these items and completes a draft tax return. Finally, a face-to-face review of your return is completed by one of our planners to ensure you don’t pay more than required.
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Trust Your Taxes With Our Tax Preparation Professionals at Nelson Financial Planning

Since 1984, our tax preparation and estate planning team at Nelson Financial Planning has worked diligently to save families hundreds to thousands of dollars on their taxes each year. For tax newcomers and retired clients alike, we provide thorough, knowledgeable, and efficient tax preparation services to help you save money. To discuss your taxes and investment with us, contact our office at 407-629-6477 to schedule an appointment today with one of the best investment firms!

Tax Strategy FAQ

What Can Affect My Taxes?

To help you limit your tax liability in retirement, we pay close attention to tax situations that allow for free withdrawals of pre-tax retirement funds. We also focus on levels of income that can trigger the taxing of Social Security benefits. Our financial team can help you with your tax mitigation strategy in retirement.

Is my Social Security income taxable?

It can be. Social Security income is taxable if your total yearly income is above the taxable income threshold set for those filing jointly or individually.

Testimonials

I've worked with the team at Nelson Financial Planning since 2007 and I have always felt like I received great advice and service. The team really cares and is always ready to provide support and answer my questions quickly. Joel really knows his stuff and I trust... Read More
Esteban Garcia
Highly recommend Joel and his team at Nelson Financial Planning (NFPs). My husband and I knew we needed a financial adviser, but did not know whom we could trust. Some trusted friends recommended we speak with Joel, they have used the company for years... Read More
Cathy Matthews
I started working with Nelson Financial in my early twenties. They were the only firm I could find that was willing to work with me at the small level of investment I could afford at that age. Now as I am in my mid-forties, I cannot say enough good things about them. They have... Read More
Jonathan Kamin
Nelson Financial Planning is the far superior team for investment and financial planning. Joel Garris and the Nelson Financial Planning team are unique in many ways. First, they do not constantly trade our account for commissions—benefiting their bottom line more than ours. Second... Read More
Roger Bing
We decided to become clients because we needed to organize our finances much better. I wanted my wife to have a good place to go for advice if I could no longer be there. They are always ready to answer questions and give advice. They assisted us with a knotty situation a couple of years ago.
Richard Musgrave
We have been with Nelson Financial Planning for over ten years. Joel Garris takes the time to get to know you and your situation, which enables him to provide a plan personalized to your specific needs and goals. Joel and his team are always responsive and... Read More
Patti Cervino
This experience may not be representative of other clients' experiences and is not a guarantee of future success or performance.
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