Plan. Perform. Prosper.
Proactive tax planning with timely communication for your small business
Plan. Perform. Prosper.
Proactive tax planning with timely communication for your small business
Are you worried you’re paying too much in taxes? Does your CPA or tax professional seem to disappear every time you have a question?
At Brook Bay Consulting our goal is to save you as much money as possible so you never have to worry about overpaying taxes.
We provide tax planning and preparation services as well as startup consulting and accounting advisory services, so you can feel relaxed and confident in your business decisions.
When you work with us, we’ll help you:
- Understand your unique financial situation
- Create a tax plan to save you as much money as possible
- Implement the plan and realize the savings each year moving forward
If you’d like to work with trusted tax professionals who are there when you need them, Brook Bay Consulting is the firm for you!
With our professional tax planning and preparation, we’ll help you save money every year.
Take the first step
How it works
Once we have our initial call, we’ll analyze your current financial situation by reviewing past tax returns to understand where you can save more money
Each tax savings plan we create is customized for your unique personal and business situation, because no two taxpayers are the same.
Once we’ve identified key areas to save you money, we provide you with a comprehensive plan. We’ll even help you implement the plan and hold you accountable along the way!
Who we work with
- Doctors
- Chiropractors
- Therapists
- Psychiatrists
- Consultants
- Coaches
- Acupuncturists
Meet Your Advisor
Recognizing a need in the accounting industry for more proactive and personalized service, Yonasan Sanford, CPA, created Brook Bay Consulting in 2016. Through his customized tax planning and accounting advisory services, he empowers business owners to save money and helps non-profit organizations better understand their finances in a clear, concise manner.
Trust Yonasan to be there when you need him!
recent Blogs
The Therapist’s Guide to Hiring: Employee vs. Contractor – What You Need to Know
Hiring your first staff member is an exciting milestone for your mental health practice. Whether you need a part-time receptionist or another therapist, you must
The ABCs of Estimated Taxes for Mental Health Pros: Why You Can’t Afford to Ignore Them
Today we’re going to venture into the often-overlooked realm of estimated taxes. Whether you’re a seasoned therapist or fresh out of grad school, if you’re
Important Updates for 2022 Tax Returns
Well, here we go. The IRS has already started accepting e-filed business tax returns for the 2022 year, and individual returns will be accepted on
Frequently asked Questions
Maybe and maybe not. We will evaluate a lot of factors to help determine if an S corp is best for you and your business.
Yes! We absolutely will help you with this.
For those of you wondering what reasonable compensation is: Section 162 defines reasonable compensation as the amount that would ordinarily be paid for like services by like organizations in like circumstances. It considers both the reasonableness of the total amount paid and the services rendered.
It’s important you work with a qualified tax advisor to help you determine what’s reasonable for you.
You bet. We’ve found a lot of therapists are considering an IRA or have one currently. An IRA is great, but there are many other options available to help you save for the future and also reduce your tax burden.
Our goal is to save you $20,000+ in taxes in the first year alone.. Tax planning is complex, and it requires us to evaluate a lot of criteria to help you save as much money as possible. When you work with us, we partner with you to legally and ethically reduce your taxes as much as possible. We do this every single day and are experts in the field so you don’t have to be!
If you haven’t had an accountant before, you have nothing to worry about!
We can help ensure you get everything up to date and also minimize your existing tax liability.
For some therapists, it even makes sense to go back and amend previous tax returns to get access to more deductions. That being said, you will want to book a call sooner rather than later – because we can only go back so far, and waiting even more time could mean fewer savings for you.
We sure can. You are more than welcome to work with your existing accountant. We understand most CPAs and accountants don’t do tax planning like we do. So, we’re happy to just do the tax planning!
Since we offer services virtually, we have clients in states all across the US. Whether you’re in Maine, Hawaii, or somewhere in between, we can help!
Want Regular tax tips and advice from Brook Bay consulting?
When you join our newsletter list, we’ll send you tax saving tips and tricks, special offers, and keep you updated on tax changes that could affect your small business.
*we promise not to spam you or sell your information
