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EXECUTIVE SUMMARY

OBJECTIVES

The goals and objectives that we are focusing on achieving in this Strategic Tax Blueprint include the following:

 Reduce unnecessary income and estate taxes;

 Reduce audit risk;
 Create and execute tax-free retirement plan;
 Create a program to enhance business value;

CURRENT SITUATION

INCOME TAXES:

Based upon your projected 2018 taxable income, you are in the following marginal income tax brackets:

Federal Income Tax 33.00%

Federal Long-Term Capital Gain Tax 20.00%
FICA Tax (up to $127,000) 12.40%

Medicare Tax 2.90%

Additional Medicare Tax 0.90%

Net Investment Income Tax 3.80%
Phase-Out of Personal Exemptions Tax Rate 2.00%

Phase-Out of Itemized Deductions 3.00%

Louisian State Tax 5.00%

For purposes of this report, income tax projections are made utilizing a marginal income tax rate of 40%.

ESTATE TAXES:

The Federal estate tax rate is 40% of taxable estates over $11,200,000 individually ($22,400,000 for married couples) in 2018.