Financial Planning for Business Owners
Integrates accounting and tax strategy with long-term financial and retirement planning. Aligns business and personal finances for future success.
Two Worlds
Business owners live in two financial worlds. There’s the business side where revenue comes in, expenses go out, and profit remains. Then there’s the personal side where you pay yourself, save for retirement, and plan for the future. Most business owners treat these as separate systems that run in parallel without ever comparing notes.
The problem is they’re deeply connected. How much you pay yourself affects your business taxes and your personal retirement contributions. When you take distributions matters. Whether you leave money in the business or pull it out changes both financial pictures. Treating them as separate leads to decisions that help one side while hurting the other.
Business Without Personal
Business Without Personal
You’re growing the company, reinvesting profits, building something valuable. But you haven’t touched your retirement accounts in years. The business is your retirement plan, except you have no exit strategy and no timeline for when that “plan” turns into actual money you can spend.
Personal Without Business
Personal Without Business
You meet with a financial advisor who talks about IRAs and index funds. They don’t ask about your entity structure or how you’re compensating yourself. They’re planning for a W-2 employee’s retirement, not a business owner’s. The advice sounds reasonable but misses your actual situation.
Tax-Blind Planning
Most financial planners understand investments. They can explain compound growth and asset allocation. What they often miss is how business ownership changes everything about retirement planning. The vehicles available to you, the contribution limits, the timing strategies. All different when you control a business.
A financial plan that ignores tax strategy is incomplete. Should you max out a SEP-IRA or set up a solo 401(k) with profit sharing? Does your current entity structure even allow the retirement strategy your planner recommended? These questions require someone who understands both the financial planning side and the tax side. Most financial advisors don’t.
Wrong Vehicles
Wrong Vehicles
Your financial planner recommends a traditional IRA with its $7,000 annual limit. Meanwhile, your business structure would allow a retirement plan with five or ten times that contribution limit. You’re leaving tax-advantaged savings on the table because no one connected the dots.
Bad Timing
Bad Timing
You’re told to max out retirement contributions in December. But if you’d planned earlier in the year, you could have structured your compensation differently and contributed even more while reducing your total tax burden. Good advice arrived too late to implement well.
The Full Picture
This service brings together the pieces that usually stay separate. Your accounting, your tax strategy, and your long-term financial planning all considered together. When we already handle your books and prepare your taxes, we see how money moves through your business. That visibility changes what kind of planning is possible.
The goal is alignment. Your business decisions support your personal financial goals. Your personal planning accounts for what’s happening in the business. You’re not getting advice from three different professionals who never talk to each other and sometimes give contradictory recommendations.
Coordinated Decisions
Coordinated Decisions
Pay yourself more this year or leave it in the business? Take a distribution now or wait until next quarter? These decisions have ripple effects across your finances. When planning is integrated, you can make them with full awareness of the tradeoffs instead of guessing.
Long-Term Clarity
Long-Term Clarity
What does retirement actually look like for you? Selling the business? Passing it to family? Stepping back while it continues to run? Each path has different financial and tax implications. Planning ahead means you’re prepared for the transition instead of scrambling when it arrives.
The Treasure Valley's Tax and Accounting Team
The Next Step:
A Short Conversation
Tell us what you're dealing with. We'll listen, answer your questions, and give you a straightforward quote.
