Protect your wealth and your family’s future with estate, trust and gift tax planning in Reno, NV from JR Clausen CPAs. You work with licensed, senior CPAs who help you pass on more of what you built and less to taxes.
Estate planning decides how your wealth moves to the next generation. Trust and gift strategies let you transfer assets during your life and after, with far less tax. Reno families and business owners come to us to protect what they spent decades building.
Good planning does more than lower taxes. It keeps your wishes clear, avoids family disputes, and shields your heirs from a slow, costly process. With our team, your legacy passes the way you intend.
The best time to plan is before you need it. Waiting often means fewer options and a bigger tax bill for your heirs. These moments are when Reno families should call us.
Your home, savings, and business now add up to real wealth. Larger estates face more tax exposure and more planning needs.
Reno-Tahoe property values have climbed, pushing many families higher. We help you plan before taxes take a bigger share.
Your company is often your largest asset and your family’s future. Without a plan, succession gets messy and expensive.
A clear structure passes the business smoothly to heirs or buyers. At JR Clausen CPAs, we build a plan that protects your life’s work.
You’d like to help children or grandchildren now, not just later. Smart gifting moves wealth while lowering your future estate tax.
The rules on annual and lifetime gifts are easy to get wrong. We guide each gift to make the most of the law.
Many Reno families hold property in both Nevada and California. Two states can mean two sets of rules for your estate.
This adds complexity and risk to your plan. Our dual-state license means we handle both sides.
Nevada offers real advantages for passing on wealth, but federal rules and cross-border issues still apply. Knowing how these fit together protects your estate. Here is what shapes planning for Reno families.
Nevada charges no state estate tax and no inheritance tax. Your heirs keep more compared to families in many other states.
This is a major reason people retire and settle here. Still, the federal estate tax can apply to larger estates.
The federal estate tax hits estates above a set exemption amount. That exemption is scheduled to drop in the coming years.
Larger Reno estates need a plan before the rules tighten. We build strategies to keep more wealth in your family.
Nevada has no estate tax, but California rules can still touch your plan. Property or income sources in California may trigger California tax.
Reno-Tahoe families often hold assets on both sides. Because we are licensed in both states, we plan for both.
The IRS lets you give a set amount each year tax-free per person. Larger gifts draw down your lifetime exemption.
Careful timing keeps more of your estate out of reach of tax. We map your gifting to protect that exemption.
Let's get your finances clear with expert CPA guidance.
We follow a clear four-step process that protects your wealth and your family’s future.
We look at your assets, business, and family goals in full. This shows us the tax exposure and the openings to plan around.
We build a plan using trusts, gifts, and structure to lower tax. Every move ties back to your wishes and your family.
We work with your attorney and financial advisor to align the plan. All the pieces fit together the right way.
We handle trust and gift tax filings and review the plan over time. Your strategy stays current as laws and your life change.
Reno families can find plenty of advisors who draft documents. What sets JR Clausen CPAs apart is the tax strategy that drives every decision. We built our firm on long-term relationships across Northern Nevada.
A licensed, senior CPA leads your plan, so complex tax strategy gets real expertise, not junior guesswork.
We hold active CPA licenses in both states, which matters for any family with assets across the Reno-Tahoe line.
The combined legacy of JR Clausen CPAs and Knott CPA brings decades of trusted family relationships across the region.
Keeping your business's finances organized and properly set up shouldn't be a headache. Tell us what you're dealing with and we'll get you set up right.
No. Nevada charges neither a state estate tax nor an inheritance tax, which is one reason many families choose to settle and retire here.
Your heirs keep more of your wealth than they would in many other states across the country.
The federal estate tax can still apply to larger estates, so planning still matters for many Reno families.
At JR Clausen CPAs, we build strategies to reduce that federal exposure. Contact us to review where your estate stands today.
The IRS sets an annual gift exclusion that lets you give up to a certain amount per person each year with no gift tax.
Gifts above that amount draw down your lifetime exemption rather than triggering an immediate tax bill for you.
At JR Clausen CPAs, our senior CPAs help you time and structure gifts to move wealth while protecting that lifetime exemption.
Contact us to build a gifting plan that fits your family and your long-term goals.
Yes, and this is a common situation for Reno-Tahoe families with property or income on both sides of the state line.
Nevada has no estate tax, but California rules and taxes can still reach assets connected to that state, which surprises many people.
JR Clausen CPAs holds active CPA licenses in both Nevada and California, so we plan for both sides at once. Contact us to protect your full estate no matter where your assets sit.
The best time to start is now, well before a health event or major life change narrows your options.
Early planning gives you more tools to lower taxes, and it keeps your wishes clear for your family and your business.
At JR Clausen CPAs, we build a plan that fits your life today and update it as things change over the years. Call us to start a plan that protects your legacy on your own timeline.
Yes. Trusts often require their own tax returns, and the rules differ from personal returns in ways that trip up many families.
At JR Clausen CPAs, we prepare trust tax filings, track distributions, and keep every return accurate and on time throughout the year.
As CPAs licensed in Nevada and California, we handle trust reporting for both states when needed. Contact us to keep your trust filings clean, correct, and penalty-free.
Pass on more of what you built and less to taxes. Our senior CPAs help you plan with clarity so your family and your wealth are secure.