Top CPA Near Me

5 Proven Tax Strategies for High-Net-Worth Entrepreneurs to Save Big

Navigating the complexities of tax planning as a high-net-worth entrepreneur requires expertise, strategy, and a tailored approach. By leveraging the advanced tax-saving techniques, you can reduce liabilities and optimize your financial portfolio. Here are five proven strategies to help you save big, crafted with insights from one of the best CPA firms in Austin, Texas.

1️⃣ Optimize Your Business Structure with an S-Corp Election

💡 The benefit? Save thousands in self-employment taxes.
💡 Insight: Transitioning to an S-Corp structure can significantly reduce the portion of your income subject to self-employment tax. This is a critical strategy for entrepreneurs served here by top Austin accounting firms.
💡 Pro Tip: Work with a professional at your local accounting firm in Austin to determine a reasonable salary and ensure compliance with IRS regulations.

2️⃣ Maximize Retirement Contributions

💡 The benefit? Build wealth and reduce taxable income simultaneously.
💡 Insight: Advanced retirement plans such as defined benefit plans and solo 401(k)s are popular among many clients in Austin accounting services for their robust tax deferral benefits.
💡 Pro Tip: Start a thorough consulting with a tax accountant in Austin, explore how combining multiple retirement plans can optimize your tax strategy.

3️⃣ Invest in Tax-Efficient Assets

💡 The benefit? Retain more returns by reducing taxable income.
💡 Insight: Accounting services in Austin frequently recommend tax-efficient strategies like municipal bonds or Qualified Opportunity Zones, which help defer capital gains.
💡 Pro Tip: Tax-loss harvesting can be especially beneficial when coordinated with your trusted Austin CPA firm.

4️⃣ Take Advantage of Advanced Depreciation

💡 The benefit? Increase cash flow with accelerated deductions.
💡 Insight: Real estate investors and business owners can use cost segregation studies and bonus depreciation to reduce taxable income. Many top and well-known CPA firms in Austin, Texas specialize in helping businesses take advantage of these opportunities.
💡 Pro Tip: Combine advanced depreciation techniques with Section 179 deductions by partnering with a forward-thinking Austin accounting service.

5️⃣ Strategically Plan Charitable Contributions

💡 The benefit? Support causes you care about while reducing tax liability.
💡 Insight: Clients of most top accounting firms in Texas often leverage donor-advised funds and charitable remainder trusts to maximize both giving and savings.
Pro Tip: Bundling donations can help surpass the standard deduction, a strategy best implemented with a tax advisor in Austin.

Why Choose Insogna CPA?

As one of the top CPA firms in Austin, Texas, Insogna CPA delivers concierge-level tax services tailored to high-net-worth entrepreneurs. Our expert team simplifies complex tax strategies, offering insights and support to ensure you maximize savings while focusing on growth.

Take Action Today!

Schedule a consultation with Insogna CPA—your trusted partner for accounting services in Austin. From advanced tax planning to tailored financial strategies, we’re here to help you achieve uncompromised success.

By working with Insogna CPA, one of the best accounting firms in Austin, Texas, you’ll gain access to personalized, proactive guidance that keeps you ahead of the curve. Partner with us to elevate your financial strategy today.

We’re in the Spotlight: Insogna CPA Featured Partner of A2X

At Insogna CPA, we’re thrilled to share some exciting news: this month, we’re proudly featured as a partner in the A2X Directory.

For those who may not be familiar, A2X is a game-changer in the eCommerce world, making accrual financials for an online store a breeze.

As a licensed CPA firm, we’ve always been dedicated to providing top-notch, proactive services to our awesome eCommerce business owners who appreciate our timely communication, real-time financial updates, and proactive advisory and coaching guidance.

Being listed in the A2X Directory is a testament to our commitment to excellence in eCommerce accounting. We’re not just number crunchers; we’re your financial partners, here to help you navigate the complexities of your online selling business with confidence. Whether it’s strategizing your tax liabilities, forecasting your cash flow, or delivering weekly advisory meetings with you, we’re here to make sure you’re always proactively ahead of the curve.

We love working with A2X because, like us, they understand the unique needs of eCommerce businesses. Together, we ensure that your financial data is not only accurate but also actionable. So, if you’re an eCommerce owner looking for a CPA firm that’s as proactive as you are, why not see what we can do together?

Let’s chat about how we can help you. At Insogna CPA, we’re not just keeping up with the times—we’re setting the pace.

Need a proactive team helping grow your eCommerce business with you in real-time?

Let’s connect and explore how our team’s expertise, combined with A2X’s powerful tools, can help you thrive. Reach out today – our CPA team responds back asap.

Hire the Best Accountant in Austin, 2024 Edition

To reach this level, every top accounting firm undergoes a thorough evaluation, including customer reviews, history, complaints, ratings, satisfaction, trust, cost, and overall excellence. When it comes to your financial health, you shouldn’t settle for anything less than the best.

Here’s the Deal 🚩

Your top accounting firm in Austin for 2024 is… Insogna CPA. Don’t miss out on what we bring to the table.

We’re a licensed CPA firm by the Texas State Board of Public Accountancy, meaning you can trust us to handle your financials with the highest level of expertise. That’s not just impressive, it’s essential. Our team of professionals is here to support you every day, leveraging the latest technology to ensure everything is as efficient and transparent as possible.

💬 Client Testimonial

One of our valued clients, Ryan, says:

“These folks are experts when it comes to managing wealth in a complex global economy. They’re not just any accountants—they’re the top CPA team. And their clients know it. They respond to communications like it’s their job—because it is. And trust me, they nail it every time.

But here’s the real kicker. These guys don’t do one-size-fits-all. They tailor growth solutions specifically for each client. That means they’ll work with you to figure out exactly what you need to succeed. And they do it using the latest tech and strategies. These folks are at the forefront, people.

And if taxes make you anxious—join the club—they’ve got that covered too. Their customized monthly packages are designed to help grow your business and take the stress out of personal taxes. Honestly, they’re the dream team.”

We’re grateful for Ryan’s kind words.

Top CPA firm in Austin

If you’re looking for the top CPA firm in Austin, Insogna CPA is the answer.

Thinking it’s time to finally get your finances in order? Let’s sit down—whether over a coffee, tea, or a quick Zoom call—and talk about how Insogna CPA can help you make 2024 the year you take control. We’re here to listen, guide, and craft a plan that fits your unique needs. After all, you deserve more than just a CPA; you deserve a partner in success.

Inc. Magazine Award Winner in the Southwest Region

Companies on the Inc. 5000 Regionals Southwest list achieved an impressive average growth rate of 154%.

Insogna CPA is thrilled to announce its ranking on the prestigious Inc. 5000 Regionals Southwest list, marking our third consecutive year on this coveted list. This ranking reflects our ongoing commitment to excellence as a top CPA firm in Texas. The Inc. Magazine regional list provides a unique spotlight on the Southwest’s most successful private companies, showcasing the dynamic small businesses that fuel our economy.

“We’re honored to be recognized by Inc. Magazine for the third year running,” said Chase Insogna, Founder and President of Insogna CPA. “This achievement is a testament to our dedicated team of professionals who consistently deliver top-notch service to our valued clients. Our growth is a direct result of our relentless focus on customer satisfaction and financial expertise,” Chase added. “We’re proud of our team’s success and are excited to continue helping our clients thrive.”

INC 500 Regionals Southwest

The companies on this year’s list exemplify remarkable growth across all industries in the Southwest region. From 2021 to 2023, these 141 private companies averaged a growth rate of 154%, contributing over 10,000 jobs and nearly $11 billion to the Southwest’s economy. The Austin, Texas, Scottsdale, Arizona, and Fort Worth, Texas areas led the charge with the highest growth rates.

For complete results of the Inc. 5000 Regionals Southwest list, including detailed company profiles and an interactive database sortable by industry, metro area, and other criteria, visit Inc. 5000 Regionals Southwest.

“This year’s Inc. 5000 Regional winners represent some of the most innovative and impactful companies in the U.S. They’re leaders, creators, and disruptors making a significant mark on the economy. Keep an eye on these companies—they’re shaping the future,” says Scott Omelianuk, editor-in-chief of Inc. Magazine.

Are you ready to partner with an award-winning CPA firm?

Contact us today to see how we can help your business achieve its financial goals in 2024 and beyond. Whether you’re looking for tax strategies, financial planning, or business consulting, our expert team is here to support your growth every step of the way.

Let’s make 2024 your most successful year yet!

Insogna CPA: Top Best Accountant in Austin

Insogna CPA has proudly secured a spot on Expertise.com’s Best Accountants in Austin list. Out of over 170 accountants considered for this award, Insogna CPA was nominated for this award.

“Our goal is to connect people with the best local experts. We scored Austin accountants on more than 25 variables across five categories and analyzed the results to give you a hand-picked list of the best,” states the Expertise website.

Selection Criteria:

✅ Availability
✅ Qualifications
✅ Reputation
✅ Experience
✅ Professionalism

“It’s an honor to be named among the winners and receive a score of A+ for reputation and professionalism,” commented Chase Insogna, CPA, and managing partner. “We truly love helping our community members and providing the best services we can to clients.”

❓Do You Need an Accountant?

Most individuals may only need an accountant during tax season. However, small business owners have more complex record-keeping needs, making an accountant essential for ongoing financial management.
– Expertise.com

Ready to experience the expertise of Austin’s top CPA firm?

Contact us today and let us help you navigate your financial journey with confidence and professionalism. Whether you’re an individual needing help during tax season or a business owner requiring comprehensive accounting services, we’re here to provide top-notch support.

Top 50 Cloud Accountants Award

We are thrilled to announce that we have been selected as one of Hubdoc’s Top 50 Cloud Accountants in North America!

Hubdoc praised Insogna CPA for leveraging an advanced accounting technology stack to help clients reach their goals. “With our tech stack of 20 different technologies, we provide up-to-date financial and reporting information quickly so business owners can act and make real-time decisions,” explains Chase. Additionally, we lead by example, adopting cloud technology within our own firm to enable employees to achieve work-life balance and meet our firm’s goals. Congrats, Chase and team!

🎖️ Hubdoc's Top 50 list

We are particularly proud to be recognized in Hubdoc’s Top 50 list, which aims to spotlight accounting and bookkeeping firms in North America who are setting an example in leveraging cloud technology. Hubdoc has released their Top 50 list, and the competition was fierce, with hundreds of applications showcasing inspiring stories of how cloud technology has enabled both advisors and their clients to reach their goals.

The progress the accounting community has made in the past decade is impressive. Accountants across North America are empowering small business owners like never before, and we are honored to be part of this transformation.

Please give a virtual round of applause to all the firms that made this year’s Top 50 Cloud Accountants in North America!

Are you ready to experience cutting-edge accounting solutions tailored to your business needs?

Contact us today to find out how our advanced tech stack can help you make informed, real-time decisions. Let’s achieve your business goals together—reach out to us for a personalized consultation!