Legacy Tax Advisors is a private-client tax consulting practice for business owners, real estate investors, and high-income professionals. We don't file returns and hope for the best. We architect multi-year strategies across every entity you own — then walk with you through execution, measurement, and audit-ready documentation.
Our strategies require a threshold of complexity to justify the investment. If your situation is straightforward, a traditional CPA will serve you well. If it isn't — we should talk.
Most CPAs look backward — they make sure your return is filed correctly. We look forward. Your tax return is the scorecard for a game plan we designed together.
We are tax consultants first. We begin with your complete financial picture — every entity, every investment, every income stream — and design a coordinated strategy that reduces total tax exposure across all of them. Then we implement it, measure it, and adjust it as your life and the tax code evolve.
We deploy over 150 income and estate tax strategies. Most advisors use fewer than 10. The difference isn't knowledge alone — it's the systematic, multi-entity coordination that most firms aren't structured to deliver.
Compliance is the output, not the starting point. Every return we prepare reflects a strategy we built months earlier. No last-minute deductions — proactive architecture.
Your W-2 income, your S-Corp, your real estate LLCs, your trust — we see the whole board and optimize across it. Most advisors optimize one entity at a time and leave money on the table.
A strategy is worthless if it sits in a binder. We implement every recommendation with step-by-step guidance, timeline management, and coordination with your other advisors.
Every strategy we implement comes with thorough, organized documentation. Easy for you to access. Easy for your attorney to review. Built to hold up under examination.
Every client gets access to a coordinated ecosystem of tools, content, and strategy documents — not a once-a-year meeting and a bill.
Your personalized, comprehensive tax strategy document. Built by our team, customized for your family and business. This is our marquee deliverable — the master plan that drives everything else.
Real-time visibility into your strategies, projected savings, implementation status, and key metrics. No guessing — you see exactly where you stand.
Step-by-step documentation for every strategy we recommend. Plain language instructions, timelines, and checklists — so execution never stalls.
Deep-dive research on each strategy with full legal authority citations. You understand the “why” — and your other advisors can verify the substance.
Our weekly analysis of strategies, tax law changes, and case studies. Designed for business owners and high-income professionals who want to stay informed.
We don't just recommend — we track. Every strategy has projected and actual savings numbers. We hold ourselves accountable to the outcomes.
These aren't hypotheticals. These are the kinds of situations we handle for our clients every day.
The most powerful tool Congress ever created — and the most misused. Excess business loss limitations, passive loss rules, §163(j) interest expense caps. We navigate all of it to maximize the deduction without triggering traps.
Sell your business for millions, tax-free. It requires specific entity structuring and holding period planning — years in advance. Even where 1202 doesn't apply, we have strategies to minimize or eliminate the tax on a sale or transfer.
It sounds simple. It isn't. Properly managing tax basis across entities can mean millions in savings. Mismanaging it — which most advisors do by default — can trigger millions in inadvertent tax.
Legacy Tax Advisors was founded by Todd Phillips, JD — with nearly 30 years in tax strategy for high-net-worth clients. Our team includes alumni from five of the six largest CPA firms, with national tax office research experience. We bring big-firm technical depth into a focused, private-client environment.
We are the tax strategist other tax experts call. CPAs and attorneys refer their most complex clients to us — the situations that need more than a return preparer. That's the practice we built, and it's the only work we do.
The first step is a confidential conversation about your situation. No obligation. No sales pitch. Just a clear-eyed look at what's possible.
Schedule a Consultationtodd@legacytax.us · Minneapolis, MN