Search
Search CoCounsel Support Help and Support.

Ready to Advise playbooks

Playbooks are curated sets of advisory strategies matched to your client's return type, tax situation, and planning needs.
Instead of starting from a blank slate, use playbooks to identify planning opportunities efficiently and standardize recommendations across clients. The following table lists all available playbooks and the criteria that Ready to Advise uses to match playbooks with clients.
important
This playbook list is exclusively for Ready to Advise subscribers. Don't distribute this document outside your organization.

1040 Basic

This playbook establishes a baseline set of strategies for individual filers, focusing on broad planning opportunities to ensure core tax and financial considerations are addressed before more advanced planning.
Criteria
Strategies
  • Client filed Form 1040
  • No Social Security income
  • Less than $50,000 of investment income
  • Maximize IRA Contributions
  • Maximize 401(k) Contributions
  • Health Savings Account (HSA) Contribution
  • Charitable Giving
  • Bunching Itemized Deductions
  • Basic Estate Planning

1040 Advanced

Built for high-income individuals and active investors, this playbook focuses on strategies to find complexity and improve overall tax efficiency while supporting long-term wealth management goals.
Criteria
Strategies
  • Client filed Form 1040
  • Investment income of $50,000 or more
  • Net Investment Income Tax (NIIT) Considerations
  • Tax Loss Harvesting
  • Donor-Advised Fund (DAF)
  • Annual Backdoor Roth IRA
  • Gifting to Family Members

1040 Retirement

Built for retirees managing tax-deferred accounts, this playbook focuses on minimizing withdrawal taxes, optimizing charitable giving, and sequencing retirement income for long-term financial security.
Criteria
Strategies
  • Client filed Form 1040
  • Actively receiving Social Security income
  • Required Minimum Distribution (RMD) Tax Planning
  • Qualified Charitable Distributions
  • Strategic Retirement Account Withdrawals
  • Roth IRA Conversions

Schedule C

Built for Schedule C filers (sole proprietors and single-member LLCs), this playbook addresses key self-employment challenges while highlighting strategies to improve overall tax efficiency.
Criteria
Strategies
  • Client filed Schedule C
  • Home Office Deduction
  • Optimizing Self-employed Health Insurance Deduction
  • Self-employed Retirement Plan Contributions
  • Hire Family Members (Sch C)
  • Shifting Income and Expenses/Timing

Schedule F

Built for Schedule F filers, this playbook focuses on key planning opportunities to find industry-specific challenges and improve overall tax efficiency.
Criteria
Strategies
  • Client filed Schedule F
  • Farm Income Averaging
  • Deducting Prepaid Farming Supplies
  • Optimize Section 179 Property and Bonus Depreciation
  • Home Office Deduction
  • Shifting Income and Expenses/Timing

1120-S

Built for active S corporation shareholders, this playbook highlights key levers—like compensation planning and tax elections—to improve tax efficiency at both the entity and individual levels.
Criteria
Strategies
  • Client filed Form 1120-S
  • Optimize S Corporation Owner Compensation
  • Maximize S-Corp Retirement Plan Contributions
  • Implement an Accountable Plan
  • Optimize Section 179 Property and Bonus Depreciation
  • Pass-Through Entity Tax (PTET) Election
  • Optimizing Health Benefits for S Corporation Owners