The amount of federal tax that you pay can vary tremendously depending on how your investments are structured, where your money is held, and the timing of certain investment decisions.
We can work within your overall financial plan and with your tax professional to help you understand the effect of your financial choices on your tax bill. In some situations, we may be able to help you with strategies to help reduce your tax liability.
Investment Tax Planning
Tax planning considers the tax implications of individual, investment, or business decisions, usually with the goal of minimizing tax liability. While decisions are rarely made solely on their tax impact, you should have a working knowledge of the income or estate tax issues and costs involved. Life event planning focuses on the impact of significant events on your life and the stages of your overall investment plan.
A major goal of tax planning is minimizing federal income tax liability. This can be achieved by:
- Reduce income through deferral
- Review of cost basis
- Gifting strategies
- Tax loss harvesting
- Deduction planning
- Review of realized gains
- Potential Roth conversion
- Estate planning
- Year-end strategies
- Carry-forward losses
- Tax withholding
- Inheritance strategies
Changes & Transitions
Life Event Planning
As your life changes, your taxes change. Our financial advisors can help you understand how upcoming life events will change your taxes. We work with your tax professional to create a clear tax plan with your best interests in mind.
Marriage & Divorce
Comprehensive Planning For Your Wealth Management
We help you understand the financial challenges and decisions you face, evaluate your options, and implement sound solutions across all stages of life—whether you’re just starting your financial journey, or you are living in retirement.
Contact Us Today
We’d be happy to set up a free consultation with one of our trusted advisors to discuss your financial future.