Financial Planning Services
Fee-only, hourly planning that coordinates retirement, investment, education funding, estate, and cash flow around your goals.
Learn more → What We Do
Our Services
Tax Preparation & Planning Services
Individual, trust, estate, and business returns paired with year-round planning to minimize taxes before year-end.
Learn more →Accounting Services
Accounting software setup, troubleshooting, and bookkeeping guidance, with specialized expertise in QuickBooks®.
Learn more → Financial Planning Services
Financial Planning
Financial planning is about more than investing—it's about creating a comprehensive roadmap to help you achieve your financial goals throughout every stage of life. Whether you're planning for retirement, saving for a child's education, managing a business, preparing for a major life transition, or planning your estate, we can help you develop a personalized strategy.
As a CPA, CFP®, and Personal Financial Specialist (PFS), Penny L. Wasem offers a unique combination of tax expertise and comprehensive financial planning. Unlike many financial advisors, our planning recommendations are grounded in a thorough understanding of the tax implications of every financial decision. We integrate income tax planning, retirement planning, investment planning, education funding, estate planning, and cash flow analysis into one coordinated financial plan designed around your goals.
Our firm is fee-only. We do not sell investment or insurance products, nor do we receive commissions or referral fees. This allows us to provide objective, unbiased advice focused solely on what is in your best interest.
Financial planning services are provided on an hourly basis, allowing you to receive as much—or as little—assistance as you need.
Whether you are just beginning to build your financial future or preparing for retirement, we can help you develop a plan with confidence.
To get started, complete the Financial Planning Questionnaire using the link below. You may email the completed questionnaire to our office or request a secure client portal link to upload your information safely and securely.
Financial Planning Questionnaire
Tax Preparation & Planning Services
Individual
Preparing individual income tax returns has been a cornerstone of Lifetime Financial Planning Solutions since the firm was founded. Today's tax laws are increasingly complex, and even relatively straightforward returns can present opportunities for overlooked deductions, credits, and tax-saving strategies.
As a CPA, CFP®, and PFS firm, we look beyond simply preparing your tax return. We work with our clients throughout the year to identify planning opportunities, minimize taxes, and integrate tax strategies with their overall financial goals. We also provide fiduciary income tax returns for trusts and estates and assist executors and trustees with their tax compliance responsibilities.
Our experienced professionals provide personalized service to help ensure that your return is accurate and that you receive every deduction and credit for which you qualify.
Our tax professionals include:
Penny L. Wasem, CPA, CFP®, PFS — More than 40 years of tax preparation and financial planning experience.
Joyce Snyder, EA — More than 30 years of tax preparation experience.
To make the tax preparation process as convenient as possible, we provide tax organizers to help you gather your information, electronic filing of your tax return, a secure client portal for exchanging documents, direct deposit of refunds for faster processing, and estimated tax payment vouchers and reminders to help you stay on track throughout the year.
Our goal is to make tax season as simple and stress-free as possible while providing personalized service and professional guidance every step of the way. Whether you have an individual tax return, tax planning, or trust and estate tax matters, we are here to assist with your tax preparation and planning needs.
Estates & Trusts
Administering an estate or trust involves complex tax rules and filing requirements. We provide comprehensive income tax preparation services for estates and trusts, helping fiduciaries fulfill their responsibilities accurately and efficiently.
Our services include:
- Preparation of Federal and applicable state fiduciary income tax returns (Form 1041)
- Tax planning for distributions to beneficiaries
- Preparation of beneficiary Schedule K-1s
- Assistance with final individual income tax returns
- Coordination with attorneys and financial advisors when appropriate
Whether you are serving as an executor, trustee, or personal representative, we provide knowledgeable guidance throughout the administration process. Our goal is to minimize taxes where possible, ensure compliance with tax laws, and help make the fiduciary tax filing process as straightforward as possible.
Not for Profit
Nonprofit organizations play a vital role in strengthening our community, and we enjoy helping them succeed. We provide accounting software support, tax compliance, and consulting services tailored to the unique needs of nonprofit organizations. Whenever possible, we offer discounted pricing to help nonprofits maximize their resources while remaining compliant with federal and state reporting requirements.
Contact us to learn how we can assist your nonprofit organization.
Business
We provide tax preparation and consulting services for a wide variety of small businesses, including sole proprietorships, partnerships, limited liability companies (LLCs), S corporations, and C corporations. Our goal is to prepare accurate, timely tax returns while identifying opportunities to reduce your overall tax burden. We also provide year-round guidance to help you make informed business and tax decisions.
Payroll Tax
Do you handle your own payroll but prefer the expertise of a CPA for payroll tax compliance? We can help.
We prepare quarterly and annual federal, state, and local payroll tax returns, as well as Forms W-2 and 1099. Many of our clients process payroll using their own software while relying on us to prepare and file the required tax forms accurately and on time.
Contact us to discuss how we can assist with your payroll tax reporting needs.
Tax Planning
Proactive tax planning is one of the cornerstones of our practice. Effective tax planning goes beyond preparing an annual tax return—it involves developing long-term strategies that help minimize taxes while supporting your overall financial and business goals.
We work with individuals and business owners throughout the year to provide tax projections, evaluate planning opportunities, and help prevent unexpected tax liabilities before year-end.
Accounting Services
Accounting Software Support
Accurate accounting records are essential for operating your business efficiently, making informed financial decisions, and minimizing your tax liability. With more than 40 years of experience working with small businesses and nonprofit organizations, we help you establish and maintain reliable financial records.
We provide support for a variety of accounting software programs, with specialized expertise in QuickBooks®. Whether you are setting up a new accounting system, need assistance troubleshooting software issues, or want guidance on maintaining accurate bookkeeping records, we can help.
Our goal is to help you get the most from your accounting software so you can spend less time on bookkeeping and more focusing on your business. Contact our office to learn how we can assist with your accounting software and bookkeeping needs.
