How to Save $50K+ in Taxes: Strategies for Lakewood Business Owners

If you're a business owner in Lakewood, CO making anywhere between $1m and $10m in annual revenue, chances are you're overpaying in taxes - sometimes by six figures.

Crazy, right?

The truth is, most companies in real estate, construction, tech, or professional services don’t have a tax problem - they usually have a strategy problem.

At Cutler & Co., we specialize in helping business owners like you legally reduce tax liability by $50K–$500K per year using a proven and personalized approach.

In this article, we’ll break down the most effective strategies we use to help our clients keep more of their hard-earned money, all while staying 100% IRS compliant.

1. Start with an Entity Structure Review

One of the biggest (and most overlooked) tax drains is using the wrong business structure.

S-Corp, C-Corp, LLC, Partnership - the difference between them could mean tens of thousands in overpaid taxes.

Businesses generating more than $250K in net profit may benefit significantly by electing S-Corp status to reduce self-employment tax.

At Cutler & Co., our advisory team performs a full Entity Structuring Analysis as part of our Tax Strategy service.

2. Leverage Strategic Deductions Most Firms Miss

Most CPAs focus on filing returns, not reducing tax bills.

Our approach is more of a proactive one.

We identify and apply deductions before year-end, not after.

Here are a few commonly missed deductions:

• Home office + admin reimbursements

• Accountable plans for owners

• Section 199A QBI optimization

• Hiring family members

• R&D tax credits for tech firms

After 25 years in this business, we noticed that businesses in construction and real estate often miss depreciation deductions - even cost segregation studies for properties you already own.

3. Implement a Quarterly Tax Strategy Review

Whether you like it or not, you have to admit that you can’t change the score after the game ends.

That’s why our clients meet with us every quarter to review income, cash flow, and strategic tax positioning.

This allows us to:

• Reclassify expenses

• Adjust owner payroll or draws

• Prepay or defer income/expenses

• Reinvest in deductible areas before year-end

Most of our clients end up reducing their effective tax rate by 8–18% within the first year of implementing quarterly reviews.

4. Use Retirement Plans as Tax Shields

Retirement contributions are one of the most powerful tools to reduce taxable income - but only if they’re used right.

Some options include:

• Solo 401(k) or SEP IRA for single-owner firms

• Defined Benefit Plans for high-income businesses ($300K+)

• Profit-sharing plans for teams

We’ve helped clients in professional services set up custom DB plans that reduce their tax bill by over $150K annually.

5. Work with a CPA Firm That Specializes in Strategic Planning - Not Just Compliance

If your current CPA just files your taxes without meeting with you during the year, you’re not getting tax strategy - you're just reporting the damage.

At Cutler & Co., we use our own proprietary C.A.S.H. Optimization System to:

• Calculate current financial efficiency

• Analyze tax positioning + entity structure

• Strategize based on industry-specific tools

• Help you implement + monitor year-round

This is how we deliver done-for-you bookkeeping, tax planning, and CFO insights - all in one place.

6. Bonus: The “First-Month-Free” Bookkeeping Advantage

The truth is, you can’t execute tax strategies without clean books.

That’s why we offer monthly bookkeeping done-for-you - delivered within 90 days or your first month is free.

By correcting misclassified expenses through our bookkeeping system - one of our construction clients saved $86,000 in one year.

So ask yourself - how much am I overpaying?

Because based on our experience, most Lakewood business owners don’t realize how much they're leaving on the table.

Whether it’s $50K or $500K, the money is already in your business - you just need the right strategy to access it.

Schedule a Free Strategy Call with Cutler&Co.

Let’s analyze where your business is leaking money and show you how to keep more of what you earn.