At RainwaterCPA, we go beyond traditional tax preparation. We act as your strategic partner, not just filing your taxes, but working proactively to ensure you pay the least amount of tax possible while staying fully compliant. By sending your information to us, we handle the details, from preparing your taxes at the end of the year to ensuring accuracy, compliance with federal and state tax codes, and identifying ways to reduce your tax burden.
For businesses, we handle everything from organizing financial statements to filing corporate taxes. Our team ensures all deductions are applied correctly, and your business remains compliant with federal, state, and local tax codes.
We offer personalized tax preparation services for high-net-worth individuals, ensuring every deduction and credit is captured. Our experts also work to minimize your tax burden through proactive strategies, giving you peace of mind and the assurance that your taxes are handled efficiently.
It’s time to take control of your taxes and maximize your savings. Reach out today, and we’ll run your numbers for free, uncovering missed opportunities to help you keep more of what you’ve earned.
At RainwaterCPA, we understand that every industry has its own unique set of challenges when it comes to tax planning and preparation. Whether you’re in real estate, healthcare, construction, or any other sector, our team offers customized solutions designed to optimize your tax strategy. We don’t just handle your tax filings—we offer proactive advice, comprehensive planning, and ongoing support to help you achieve long-term financial success. With our expertise across various industries nationwide, you can trust us to navigate the complexities of your tax needs and ensure you’re always compliant while minimizing your tax burden.
Case Study
The client is a real estate agent who runs her practice through an S corporation, alongside a home staging company she and her spouse own and a short-term rental property. Between commissions, the staging business, and rental income, the household was heading into the year with a projected liability of $40,717 in federal tax and $10,664 in Colorado tax, over $51,000 combined at a blended marginal rate of 28.4%. She was filing an accurate return each year, but with no strategy behind it and no plan built ahead of time. The income was taxed at the highest marginal rates with nothing in place to soften it.
RainwaterCPA built a full tax plan covering both the S corp and the couple’s individual return, layering five strategies matched to their income, entity structure, and family situation. We funded a Solo 401(k) through the S corp, combining an employee deferral with an employer contribution, ran a cost segregation study on the short-term rental to accelerate bonus depreciation, and applied the Augusta Rule, renting the personal residence to the S corp for legitimate business use up to 14 days a year, tax free. We maximized the family HSA and confirmed eligibility for the child tax credit. Two of these moves meant pulling roughly $46,000 more out of the S corp than usual, so before implementing, we built a stock basis schedule to confirm the added contributions and rent would not push distributions beyond basis and trigger an unexpected taxable gain. The safeguard came first.
The plan produced $29,615 in same-year tax savings, roughly a 57% reduction against the couple’s original projected liability, using established strategies rather than aggressive positions. The largest levers were the Solo 401(k) at $13,774 and the cost segregation study at $6,228, with the Augusta Rule, HSA maximization, and child tax credit accounting for the balance. Because the plan was built around her actual entity structure and family situation, the savings hold up year over year rather than delivering a one-time benefit.