Expert Tax Evaluation for Today’s Complex Economy Joseph Rose, CPA
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oday’s tax code is a mine field of information and rules. If you are a business owner, the tax code can be even that much trickier to navigate. With the help of a proactive CPA like the president of Rose Tax Consulting, Joseph Rose, affluent individuals and business owners can make highlyinformed important decisions that will place them in the best possible tax position. Rose received a BSBA in accounting from the University of Arizona and serves both the Valley and Tucson. Rose is also a certified tax strategist. Fewer than 300 specialists in 52 states have been awarded this specialized designation from the American Institute of Certified Tax Planners.
Rose has been working in the world of taxes for 25 years and had his CPA designation for most of this time. He has encountered just about every type of tax situation imaginable and relishes the chance to work with his clients in developing a proactive and informed approach with strategies for challenging tax situations. “I just love puzzles and tax code is a big puzzle,” Rose says. Rose offers advanced strategic tax planning to select clientele that are forwardthinking in their business formation and tax approach. “We only work with high-income affluent tax payers, usually business owners, to mitigate their taxes by substantial amounts depending upon their unique situation,” Rose
explains. “The more complex their tax situation is, the more goodies the tax code might have for them!” Conducting a thorough discovery is key as the law restricts Rose from recommending certain tax strategies without first doing intensive due diligence with a potential client. A client intake process starts with a discovery session that will include getting copies of taxes and a preliminary Q&A session with Rose Tax Consulting to see where additional credits and other tax opportunities may exist. “I go through their tax situation and match it up with tax strategies that might be available to them then discuss things in their tax situation that might be of concern under the new tax laws,” Rose says referring to the substantial changes in the new tax laws as of January 2018. Rose shared a recent case where he was able to achieve a massive 80 percent reduction in taxes for the client. This was accomplished through a process of reorganization, income splitting, retirement solutions and proper structuring which allowed the client to maximize their profit. This “found” money allowed the client to meet the expansion needs of their business without the need for financing. Rose’s newest best-selling book “The Great Tax Escape Book: Strategies for Early Planning and a Lower Tax Bill” is available through Amazon.com. “I don’t believe anyone should pay a dime more in taxes than the law requires,” Rose finishes. Rose Tax Consulting is located at 6424 E. Greenway Pkwy., Suite 100, Scottsdale. Call 480.210.2623 or visit www.RoseVFO.com for additional information.