Tax Planning

Effective tax planning can significantly impact your financial health, potentially saving you hundreds of thousands—or even millions—of dollars over a lifetime. Integrating robust tax strategies into your financial and retirement plans is crucial for maximizing your savings.

We aim to save you tax dollars today and in retirement by:

   ✓    Reviewing your personal and business tax returns for current tax-saving opportunities (deductions and credits)
   ✓    Tax loss harvesting
   ✓    Optimizing your Social Security, Pension and deferred compensation benefits
   ✓    Optimizing your stock plans
   ✓    Managing your tax bracket through deductions and withdrawal strategies
   ✓    Optimizing and prioritizing the use of tax preferential accounts (flexible spending accounts, health savings accounts, IRAs, Roth IRAs, 529 plans, qualified employer plans and deferred compensation arrangements, etc.) depending on current and future tax brackets
   ✓    Roth conversions
   ✓    Medicare and Medicaid income planning
   ✓    Asset location
   ✓    Charitable giving strategies (appreciated stock gifts, bunching of gifts, donor-advised funds, qualified charitable distributions, gift timing and amounts recommendations)
   ✓    Tax efficient investment selection
   ✓    Required minimum distribution (RMD) analysis and qualified charitable distribution (QCD)
   ✓    Capital gain harvesting (maximizing lower capital gain tax rates)
   ✓    Generational tax planning integrated with your estate plan
   ✓    State and Federal estate tax reduction strategies (gross estate balancing, gifting and trust strategies)

We work closely with your tax preparer to ensure all strategies are accurately reported. If you’re in need of a tax specialist, we are pleased to connect you with one of our trusted CPA partners.

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