Strategic CPA Tax Planning: Austin-based + Nationwide
Proactive Tax Strategies for Complex Domestic + International Portfolios
Austin Roots, Global Reach
Millan and Company serves clients in Austin, Central Texas, nationally and globally. We go beyond compliance to help you anticipate future tax changes and make decisions with full knowledge of their implications.
Our leadership team tracks regulations in real-time - including bonus depreciation, equity compensation (ISOs/RSUs), and Section 199A -to guide you through an ever-changing tax ecosystem. We deliver strategic expertise to optimize your after-tax income for the 2025 tax year and beyond- delivering personalized accounting services to assist meeting the goals of individuals and businesses of all sizes.
Our 3-Step Strategic Planning Process
Authentication + Analysis
We assemble and analyze your financial data to estimate your current liability and determine exactly what is owed before we begin strategy.
Roadmap Options
We review scenarios (current vs. potential) and arrange multiple plans for future savings, giving you optimal outcomes to choose from.
Recurring Planning
We apply a proactive strategy to optimize future earnings, checking in annually or quarterly to adjust for tax law changes.
Tax Planning Benefits
Understanding the impacts of existing and proposed tax law changes
Lowering current year tax burdens
Minimizing future tax liabilities
Averting penalties and interest
Cost Segregation studies for both accelerated and balanced depreciation
Wealth accumulation management
Strategic Tax Planning Services for Growing Businesses (with employee needs)
Strategic Equity Compensation, including:
ISOs (Incentive Stock Options);
NSOs (Non-Qualified Stock Options);
RSUs (Restricted Stock Units)
These asset tools- combined in an appropriate balance between near and long-term objectives provide balanced growth for both businesses and their employees.
We work with your fiduciary partner(s) to provide customized, combined holistic compliance reports. And strategic guidance for your growth.
Tax Planning FAQs: Austin + Nationwide
What are the best tax planning strategies for doctors and medical practices?
For 2025, the most effective tax planning strategies for physicians and medical groups go beyond basic deductions. At Millan & Co., we prioritize these five high-impact approaches:
Entity Structuring: We analyze whether an S-Corporation or C-Corporation election can reduce self-employment tax liability or optimize for lower corporate tax rates, particularly for high-earning private practices.
PTE Tax Elections: The Pass-Through Entity (PTE) tax election allows practice owners to bypass the $10,000 SALT (State and Local Tax) deduction cap by paying state taxes at the entity level, converting a personal expense into a fully deductible business expense.
Defined Benefit Plans: Unlike standard 401(k)s, Cash Balance and Defined Benefit plans allow doctors to shelter significantly higher amounts of income (often $200k+ annually) pre-tax, accelerating retirement savings while drastically lowering current-year taxable income.
The 'Augusta Rule' (Section 280A): This strategy allows you to rent your personal residence to your medical practice for up to 14 days per year tax-free. The business gets a deduction for the rental expense, and you receive the rental income without reporting it on your personal return.
Cost Segregation: For practices that own their building or have done leasehold improvements, a cost segregation study reclassifies assets to accelerate depreciation (bonus depreciation), potentially creating a massive deduction in the first year of ownership.
Do you help Austin tech employees with stock options (RSUs/ISOs)? Yes. We specialize in equity compensation planning for employees at Austin’s major tech firms. Whether you hold ISOs, NSOs, or RSUs, we help you time your vesting and exercising events to minimize capital gains tax and avoid "surprise" tax bills in April.
Do I need a CPA for tax planning if I have a small business? If your business is generating significant profit or you are expecting a "growth" year, a CPA is essential. We help you choose the right entity structure (such as an S-Corp or LLC) to optimize self-employment taxes and identify industry-specific credits that generic software often misses.
How is tax planning different from tax preparation? Tax preparation is reactive—it focuses on accurately filing paperwork for the year that has already passed. Tax planning is proactive. We work with you throughout the year to implement strategies that reduce your liability before December 31st, helping you keep more of your hard-earned income.
When is the best time to start tax planning? The ideal time to start is between August and October (Q3). This gives us enough time to analyze your current-year income and implement strategies—like expense timing, retirement contributions, or entity restructuring—before the tax year closes. Waiting until tax season often means it is too late to make changes.
Can you help with real estate tax strategies in Texas? Absolutely. We guide Austin investors and property owners on strategies like Section 1031 exchanges, cost segregation studies to accelerate depreciation, and passive loss rules. We help you maximize the tax benefits of your Texas real estate portfolio.
Ready to Optimize Your Strategy?
Millan + Company's mission is to simplify complex tax matters while delivering the highest level of client service.
Discover what's possible and learn how we can help you create a sound strategy to meet your goals.