To answer the question, start with a review of your last year’s income tax return. To see how much you paid in Federal Income Taxes, see form 1040 line 63. Next, check your California Return Form 540, line 64. Total both and divide by 12 which shows how much you paid, on average, each month last year. Shocking right?
Why did you pay so much?
Maybe you have only had your taxes PREPARED vs. PLANNED. As part of our planning process, we will review your most recent tax return at our complimentary meeting and show you areas which may help in reducing your on-going tax burden.
