Bookkeeping and Payroll Services

Tax Team

We have grown! In 2020, Clarity Capital Management expanded its tax service offerings
through business acquisitions in Bellingham as well as mergers in Burlington and Friday
Harbor. As you can imagine, much of our creativity is exhausted through coming up with tax
advantageous planning, so we settled on the first name that came to mind: Clarity Tax
Management (clever, right?). With all the buying we’ve done in 2020, we have expanded our
tax team to include Certified Public Accountants (CPAs), Enrolled Agents (EAs), tax preparers,
and a team of support staff trained to give our clients a competitive edge when it comes to
savings taxes and managing their business.

No matter how often we are told that taxes are going to be getting easier, it seems to us that
D.C. makes things more complicated each year! The tax landscape is changing often and in
big ways. The passing of the
Tax Cuts & Jobs Act (TCJA) in 2017 marked the most significant
tax reform since 1986. The
SECURE Act passed in late 2019, made important updates to assist
Americans’ ability to save for retirement. With the arrival of COVID-19, taxpayers received
substantial relief through various provisions of the
CARES Act, which were extended and
altered again in December 2020. The recent years passed have truly been reformational for
tax compliance and tax planning complexity. Of course, with increased complexity also
comes an opportunity for those who know what they are doing. Now more than ever, specialized
tax planning is a crucial component of every financial plan. That is where we come in.

The importance of personalized
planning simply cannot be overstated. At Clarity, we are not
data-entry professionals who spend all our time getting what happened last year onto some
forms. Instead, we prefer to be forward-thinking tax advisors who are already thinking today
how to manage your tax liability in the future. Our tax advisors provide tax planning advice for
individuals and small businesses looking to reduce their income tax liabilities, plan for
retirement, manage self-employment tax, prepare for significant purchases and sales,
efficiently passing wealth to others and much more. Quality tax preparation and the
formation of actionable tax plans requires experienced professionals who can parse the law
to get the best right answer. Plus, with our noses buried in the Internal Revenue Code and
Treasury Regulations on your behalf, you can go back to living your life!

At Clarity, we bring together a diverse team of bookkeepers, CPAs, and financial
advisors under one roof because the best results come from inter-disciplinary teams focused
on one outcome – seeing you succeed. There is never a bad time to put a quality-driven team
in your corner. Call or email our office to set up an initial consultation meeting with one of our
tax advisors. We care about your safety and are happy to have consultation meetings over the
phone or through video-chat.

We are ready to help with everything below and more (frankly, we do so much more than
seems reasonable to include in a bullet-point list, so call if you have questions!):

  • Tax Preparation
  • Tax Planning
  • IRS Representation
  • Estate & Charitable Gift Planning
  • Small Business Tax Consulting
  • Retirement Planning (SEP IRA, 401k)
  • Business Formation
  • S Corp Elections
  • Year End Tax Planning
  • Section 199A Qualified Business Income Deduction
  • Expatriate Tax (foreign earned income exclusion, FBAR filings)

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