Individual Tax Planning Services

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Offload the Stress of Tax Planning

We take a holistic approach to tax planning and consulting by exploring your entire financial landscape to provide cohesive tax planning. At Aura Advisors, we aim to be your partner year-round, not just at tax time.

Aura Advisors is your trusted partner for discussing different scenarios to ensure you can make the best informed decisions for your unique tax situation. Together, we can evaluate potential equity compensation options, estimate your year-end liabilities, and ensure there are no surprises when tax season rolls around.

Equity Compensation Planning and Review Services

If you’re considering a position at a startup with equity compensation options, it’s critical to get expert input to evaluate your potential liabilities. We work with founders, shareholders, and employees to review potential compensation packages and build an appropriate tax plan.

Who Needs Individual Tax Services?

Individual tax services may be for you if you are…

  • A high-income earner, high-net-worth individual, entrepreneur, or emerging growth professional
  • A business owner or significant shareholder
  • Considering equity compensation options or relocation
  • Approaching a significant life event, such as retirement, marriage, divorce, or family planning
  • Managing diverse, large, or complex investment portfolios

Unsure if Aura Advisors can help with your individual tax planning needs?
Get in touch with our team of consultants.

Check Out the Latest Insights from the Aura Advisors Team

Treasury Opens Trump Accounts for Certain Eligible Children

by | October 5, 2026 | blog, Corporate Tax Services, Flow-Through Tax Services, Individual Tax | 0 Comments

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...
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Your Partnership Income May Be Subject to Self-Employment Tax

by | October 2, 2026 | blog, Corporate Tax Services, Flow-Through Tax Services, Individual Tax | 0 Comments

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

by | October 1, 2026 | blog, Individual Tax | 0 Comments

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...
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New IRS Guidance for R&E Deductions Changes Section 174 and Form 3115 Rules

by | September 28, 2026 | blog, Corporate Tax Services, Life Sciences Tax, Tax Credits, Technology Tax | 0 Comments

The restoration of the federal current deduction for domestic research and experimental expenditures (R&E) addressed a major tax issue for technology, life sciences and other research-intensive companies. It did not eliminate the accounting-method work required to...
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AI Development and the R&D Tax Credit: What Businesses Should Know

by | September 18, 2026 | blog, Corporate Tax Services, Life Sciences Tax, Tax Credits, Technology Tax | 0 Comments

Businesses are investing in artificial intelligence to improve products, automate internal processes, analyze data, support customers, and build new software capabilities. Some of that work may qualify for the federal research credit under Section 41. The credit is...
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QSBS Gain May Be Taxable By Your State

by | September 17, 2026 | blog, Individual Tax | 0 Comments

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...
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IRS Launches Digitally Authenticated Tax Compliance Report: What You Should Know

by | September 9, 2026 | blog, Cannabis Tax, Corporate Tax Services, Life Sciences Tax, Tax Credits, Technology Tax | 0 Comments

Taxpayers who need to prove their federal tax compliance now have a faster way to obtain and share that information. On August 20, 2026, the IRS announced a new digitally authenticated Tax Compliance Report available through the IRS Individual Online Account. The...
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Businesses That File 1099s Need to Move From FIRE to IRIS Before 2027

by | September 8, 2026 | blog, Corporate Tax Services | 0 Comments

Businesses that file Forms 1099 electronically have two changes to prepare for before the 2027 filing season. The IRS is retiring its Filing Information Returns Electronically system, known as FIRE, and many common Form 1099-NEC and Form 1099-MISC payments will be...
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California FTB Overcollections: When an Old Refund May Still Be Recoverable

by | September 1, 2026 | blog, Cannabis Tax, Corporate Tax Services, Life Sciences Tax, Tax Credits, Technology Tax | 0 Comments

Discovering that California collected too much tax is frustrating enough. Discovering the error years later, after the normal refund deadline has expired, can make the situation appear unrecoverable. A new Franchise Tax Board ruling provides an important exception in...
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Made Money on a Prediction Market? California Says It Is Still Taxable Even Without a 1099

by | August 27, 2026 | blog, Corporate Tax Services, Life Sciences Tax, Tax Credits, Technology Tax | 0 Comments

Prediction markets have moved quickly from a niche trading activity into the mainstream. These markets are exchange-based platforms where individuals buy and sell contracts tied to the outcome of a future event—such as election results, inflation reports, Federal...
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“We have worked with Aura Advisors for several years with our individual tax situation. They have provided valuable advice around selling a business and a QSBS election, the purchase of a rental property and a cost segregation study, and modeling different scenarios so that we could understand the tax implications of our decisions. Aura Advisors also has an ongoing relationship with our financial advising team to offer tax savings strategies and we appreciate their responsiveness and detailed tax advice.”

– Two-Time Founder, High-Net-Worth Individual

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