Tax Strategists of America Introduces Separation Principle for Tax Planning and Preparation Services
Tax Strategists of America, a U.S. tax planning firm founded by former IRS auditor Carlotta Thompson in January 2022, has introduced the 'Separation Principle,' advocating that tax preparation and tax planning should be handled through distinct companies with separate management structures. The company argues this approach allows for better focus on each function's unique timelines—tax preparation being deadline-driven from January to October, while forward-looking tax strategies must be implemented before year-end. The firm reports having identified over $139 million in federal tax savings across 3,707 business owners since its founding. Tax Strategists of America operates a remote team with staff in about 20 states and includes five former IRS agents among its personnel. The company's model is built on three pillars: structural separation, strategy implementation with documentation, and systematic evaluation using over 100 statutory provisions. Clients range from small businesses to large enterprises generating up to $40 million annually. Approximately half of the firm’s clients use another provider for tax preparation while receiving implemented strategies from Tax Strategists.
