Personal Solutions

Waters CPA Group is a team of experienced professionals working together toward a common goal—assisting clients realize their financial goals.

Waters integrates technical expertise and sound business judgment with a collaborative process to produce comprehensive solutions designed to meet each clents’ evolving accounting and financial planning needs.

We specialize in Tax Planning & Preparation, Retirement Planning, Elder Care Services, Estate Planning and Education Planning. Additionally, Waters CPA Group handles international tax issues, as well as IRS and State audits.

Regardless of your age or stage in your career, now is the time to either begin or reevaluate your financial plans for retirement.

It’s important to conduct an unbiased assessment of your current financial situation and to ascertain the level of financial independence you seek upon retirement. It is common for people to underestimate their financial needs during retirement thus our goal at Waters CPA Group is to ensure you create a retirement portfolio built to last!

There are a variety of variables that can both positively and negatively impact your retirement nest egg, such as desired lifestyle, social security benefits, current retirement savings, estimated years to retirement, inflation rates, rate of return on investments, and the list goes on and on. Waters CPA Group can assist you in navigating these variables to create a retirement plan to adequately fund your future needs today.

• IRAs
  n Traditional
  n Roth
  n Conversion
  n Education

• Qualified and Non Qualified Plans
  n 401(k), 457, 403(b)
  n Roth 401(k) Plans
  n SIMPLE Programs

• ERISA Audits
• 5500 Information Returns
• Qualified Plan Distributions
• IRA Required Minimum Distribution
• Social Security Benefits
• Planning for Early Retirement

For more information, or a free initial consultation on our Retirement Planning Services, please contact us directly at 813-855-4461.

If you are concerned about the financial well being of an elderly family member or loved one--Waters CPA Group’s goal is to minimize the financial uncertainty that may lie ahead.

Empowering our clients to make informed financial planning decisions for elderly family members in a trusting and supportive environment is critically important to Waters CPA Group.

Waters CPA Group offers a broad range of tax, accounting and financial planning support related to Elder Care. Our professional staff can provide you with expertise in the following areas:

• Guardianship Accounting
• Long Term Care
• Medical Concerns
• Medicaid
• Social Security Issues
• Tax and Accounting

 

For more information, or a free initial consultation on our Elder Care Services, please contact us directly at 813-855-4461.

Estate Planning is one of the most important steps in planning for a secure financial future for both you and your family. Estate planning is much more than the exercise of creating a will—it is about proactively managing your future assets today and ensuring your future concerns are executed according to your desires—not those of someone else.

Effective estate planning ensures:

• Asset distribution according to your wishes
• Minimization of estate and gift taxes, and...
• Reduction of probate related delays

Waters CPA Group can guide you through the estate planning process, leveraging our Estate & Gift Planning tax expertise to ensure your heirs are not burdened with unanticipated tax and legal issues.

Services provided include:

• Business Succession
• Charitable Contributions
• Disclaimers
• Deferred Gifting
• Estate Liquidity
• Estate Planning for the Retired
• Estate Tax Return Preparation
• Estate Income Tax Return Preparation
• Family Limited Partnership
• Family Trust
• Foundations
• Generation Skipping Tax and Second Generation Planning
• Gifting
• Gift Tax Return Preparation
• Lifetime Giving
• Post- Mortem Planning
• Planning for the Second Generation
• Reducing Estate Taxes through the Marital Deduction and Credit Shelter

Trends in College Pricing, 2002 estimates the tuition & expenses for four years at a private college and public in-state college are $326,000 and $150,000, respectively.

The continuing rise in tuition is a certainty—which requires planning for your child’s education be more than an after thought. Education financial planning should be a part of your integrated financial planning strategy.

It is never too late to begin planning for your child’s college education. Waters CPA Group can assist you with getting started and creating a sound and customized education savings strategy based on your current financial situation, risk tolerance and investment horizon. In addition, Waters CPA Group can support you in making critically important decisions on the right investment vehicles, such as state-sponsored 529 College Savings Programs, Education Savings Accounts or Custodial Accounts.

• 529 Plans
• Roth IRA
• Cloverdell Education Savings Account
• Savings Bonds Interest Exclusion
• Student Loan interest deduction
• Tuition and Fees Deduction

For more information, or a free initial consultation on our Education Planning Services, please contact us directly at 813-855-4461.