Putting More Money in Your Pocket.
Boudreau Consulting LLC provides a variety of estate, financial and business planning services. The company's mission is to provide solutions that place more money in our client's pockets through sound strategic, financial & tax planning concepts. By accumulating a diverse background of professional talent, Boudreau Consulting provides assistance to individuals, small businesses and corporate clients.
We Remain Open and Able to Serve You
The team at Boudreau Consulting LLC is open for business and able to continue serving you during this difficult situation caused by the recent COVID-19 outbreak. Our firm prides itself on being flexible to meet differing client needs. This is a reminder that our firm continues to use technology to make it more convenient for you. So, if you choose to limit travel and physical exposure to external elements, we can still serve you.
- Our secured client portal allows us to exchange digital documents (www.boudreauconsulting.com/ select the blue CLIENT PORTAL in the upper right corner of the webpage). If you need a portal set up, please call (480) 776-3358 or email email@example.com.
- Our use of video conference meetings allows for the benefits of face-to-face, including the sharing of computer screens if that is needed for better explanation
- Email documents to TAXINFO@BCSBS.NET. This is firm-wide email that is monitored regularly and is the most efficient manner to process work
- Text information to (480) 771-0400
- Phone our office at (480) 776-3358
We want all of our clients safe and healthy. We look forward to a long-term professional relationship with you.
Latest from the Blog
Are expenses paid with PPP loan proceeds deductible?11-19-2020
The U.S. Treasury Department and Internal Revenue Service (IRS) released guidance yesterday (November 18, 2020) clarifying the tax treatment of expenses where a Paycheck Protection Program (PPP) loan has not been forgiven by the end of the year the loan was received.
Since businesses are not taxed on the proceeds of a forgiven PPP loan, the expenses are not deductible. This results in neither a tax benefit nor tax harm since the taxpayer has not paid anything out of pocket.READ MORE
Everyone's situation is unique - even if you are a business, it is about the individual employees and individual owners. Boudreau Consulting listens to your needs and values to help you develop a plan to put more money in your pocket. Our team of seasoned professionals can assist you with IRS issues, eliminating debt burdens, setting up a new business venture, effectively donating to charity, creating a financial legacy or saving for retirement. Just ask our clients.
Our firms prepares a variety of different individual and business tax returns – including over 250 Federal individual income tax returns in 2014 for clients in 17 different states and 4 different countries; over 140 business income tax returns (partnerships, S corporations, C corporations and trusts) and over a dozen non-profit returns. While we love to meet in person with everyone and gather your data, we use a secured portal to give you an option of transmitting sensitive personal information safely to save time.
We helped a small, family-owned corporation declare a special dividend that will be taxed at a 15% qualified dividend rate in 2012. Had the corporation waited until 2013 to pay a dividend, the shareholders could potentially face an income rate of 20% or greater.
We worked with a closely-held small corporation to declare an end-of-year bonus to owner-employees that reduced the corporation tax rate from 35% to 15%, which saved the owners over $30,000 annually in income taxes.
Business Planning & Analysis
We worked with a health care partnership to reduce expenses that eventually led to the elimination of a $35,000 line of credit and assisted in the renegotiation of the building mortgage, computer lease and telephone lease that resulted in a 30% increase in the partner’s monthly draws.
We outsourced the accounting and finance operation of an 8-person small business and saved the company $11,000 annually.
We helped three companies in 2012 change the type of retirement plan the owners had in place that allowed the employees to put away more money from retirement, while reducing their personal tax burden, as well as the company’s tax liability.