Keep your hard earned money!

 White Olive CPA

Introduction

At White Olive CPA, we believe that no business should pay more in taxes than necessary. With offices in Franklin, TN, and Louisiana, we specialize in helping small to mid-sized businesses optimize their tax strategies and improve cash flow. Our work spans various industries, from fast-growing technology firms to construction companies and medical practices.

This white paper outlines real-world examples of how our tailored tax strategies helped businesses reduce their tax burdens by hundreds of thousands annually, ensuring they keep more of their hard-earned revenue.

Case Study 1: SaaS Company Saves $680K Annually

A rapidly growing $20M SaaS company based in the Southeast faced increasing tax liabilities due to inefficient financial structures. Their main challenges included:

• Overpayment of taxes due to lack of proactive tax planning.
• Failure to claim available deductions and credits.
• No utilization of R&D tax credits despite significant development expenses.
• Poorly structured executive compensation, resulting in unnecessary payroll tax costs.

How White Olive CPA Helped

We implemented the following five strategies to optimize their tax position:

• Adjusted executive salaries to shift income toward distributions, reducing payroll taxes. ($80K savings)
• Filed for R&D tax credits and implemented a tracking system for future claims. ($250K savings)
• Leveraged Section 179 deductions to immediately deduct eligible investments. ($100K savings)
• Established a Cash Balance Pension Plan to defer taxable income. ($200K savings)
• Optimized SALT deductions by restructuring payments for passthrough entity tax benefits. ($50K savings)

💰 Total Annual Tax Savings: $680K

Case Study 2: Construction Firm Cuts Tax Liability by $220K

A family-owned construction company in Louisiana, generating $12M in annual revenue, struggled with fluctuating cash flow and high tax burdens. Seasonal projects often led to uneven earnings, making it difficult to predict tax liabilities.

How White Olive CPA Helped

• Implemented percentage-of-completion accounting to smooth income recognition and lower tax surprises.
• Reclassified equipment purchases to leverage accelerated depreciation and bonus deductions.
• Utilized a Cost Segregation Study to break down property assets and maximize depreciation deductions.
• Restructured payroll for key employees, optimizing owner compensation to reduce payroll taxes.

💰 Total Annual Tax Savings: $220K

Case Study 3: Small Healthcare Practice Saves $145K

A growing multi-location medical practice in Tennessee, generating $8M annually, was losing revenue to excessive self-employment taxes and inefficient retirement planning. The practice owners were also concerned about succession planning and asset protection.

How White Olive CPA Helped

• Converted the business structure from an LLC to an S-Corp, reducing self-employment taxes by shifting earnings to distributions.
• Established a Defined Benefit Plan, allowing high-income physicians to defer significant taxable income.
• Implemented a buy-sell agreement, securing a tax-efficient transition strategy for future ownership changes.

💰 Total Annual Tax Savings: $145K

Key Outcomes & Business Impact

By implementing these tax strategies, our clients were able to: ✅ Increase capital for growth, hiring, and reinvestment.
✅ Ensure IRS-compliant tax savings with long-term sustainability.
✅ Improve financial structures for scalability and wealth preservation.

Why White Olive CPA?

With decades of experience serving businesses across Tennessee and Louisiana, White Olive CPA understands the unique tax challenges in different industries. Whether you're a tech startup, construction firm, healthcare provider, or family-owned business, our team works proactively to build a tax strategy tailored to your business goals.