Tax Services for Individuals

Tax Services & Consulting for Individuals

Aura Advisors supports individuals with tax consulting and compliance needs. Our clients range from emerging young professionals and founders starting businesses, to individuals entering retirement or going through other significant life events.

We aim to serve as a consulting partner and trusted advisor to all of our clients. Our services aren’t provided just once. We focus on establishing a long-term collaboration to ensure compliance and set you up for life-long success.

Individual Tax Services

We support individuals with their:

  • Annual tax filings
  • Quarterly estimated payments
  • Projections for taxable events
  • Tax implications of investments and equity compensation
  • Updates on tax law changes
  • Navigating life changes, such as marriage, divorce, and growing a family
  • Gifting strategies 
  • Retirement planning
  • Maximizing sole business owner deductions
  • Ensuring compliance with back filing delinquent returns, resolving tax notices, and establishing payment installment agreements with taxing authorities

If you’re evaluating stock options, experiencing a liquidity event, dealing with complex investments, or considering relocation, Aura Advisors can help you evaluate your tax implications and make the best decision for your needs.

Treasury Opens Trump Accounts for Certain Eligible Children

The Treasury announced on October 1, 2026, that it had completed automatic enrollment for Trump Accounts. According to the announcement, every eligible child under age 18 with a valid Social Security number now has an account, including more than 60 million children...

Your Partnership Income May Be Subject to Self-Employment Tax

A limited partnership agreement may identify someone as a limited partner. For federal self-employment tax purposes, that designation does not necessarily settle the question.  On September 17, 2026, the U.S. Court of Appeals for the Second Circuit affirmed the Tax...

Buying a Car Before Year-End? Check the New Loan Interest Deduction Rules First

A vehicle purchase can now bring a federal income tax deduction for interest on the loan. But a familiar brand, a “new” listing at the dealership, or a large monthly payment does not establish that the interest qualifies. The IRS has finalized regulations for the car...

QSBS Gain May Be Taxable By Your State

For founders, early employees and investors, a successful Section 1202 analysis can produce an extraordinary federal tax result. But federal qualification is increasingly only one part of the exit calculation. Several states do not recognize the federal Qualified...

ACA Affordability Rises to 10.22% for 2027: What Employers Should Recalculate Before Open Enrollment

The Affordable Care Act affordability percentage will increase to 10.22% for plan years beginning in 2027, according to Revenue Procedure 2026-26. This is the third consecutive annual increase, following thresholds of 9.96% for 2026, 9.02% for 2025, and 8.39% for...

Opportunity Zones Are Becoming Permanent, but Existing Investors Still Face the 2026 Rules

The Opportunity Zone program is entering a permanent phase, but existing investors are not automatically moving into the new framework. Notice 2026-40 confirms that investments made under the original Opportunity Zone regime remain subject to the original December 31,...

The Tax Impact of Getting Married: What to Update Before Filing Season

Marriage is a meaningful personal milestone, and it can also change how your tax return is prepared. Newly married couples may need to update names and addresses, revisit payroll withholding, compare filing statuses, and coordinate tax records before the next filing...

2026 Roth IRA and Roth 401(k) Changes: Tax Planning Before You Contribute

Roth retirement accounts are often described in simple terms: pay tax now, allow the assets to grow, and take qualified withdrawals without federal income tax later. That basic framework still applies, but recent changes have added new choices and new tax consequences...

The Tax Impact of Supporting Aging Parents: What Families Should Review

Supporting an aging parent often begins gradually. You may start by paying a few medical bills, helping with prescriptions, arranging in-home care, or contributing toward assisted living costs. Over time, those decisions can become part of a larger tax, financial, and...

California Conforms to Trump Accounts and Adds First-Time Electric Vehicle Rebates

Governor Gavin Newsom signed two California budget trailer bills on July 13, 2026, creating new planning opportunities for families, employers, growing businesses, and first-time electric vehicle buyers. Senate Bill 180 generally conforms California to the federal tax...

“Ever since I hired Dana and team, I’ve not had to spend a minute worrying about my taxes, and they’ve saved me a great deal of money along the way. Highly recommended for anyone in tech looking for a great partner for managing complex tax situations.”

– Andy Montgomery, VP of Design at Investing & Trading App