Tax Planning

We aggregate and review your tax returns, not only drawing important information such as the use of deductions and income from portfolios and businesses, but also tracking your marginal tax bracket and effective tax rate, searching for strategies that we may suggest to ultimately lower your liabilities.

After our review, we will recommend and implement various income tax planning strategies to help reduce your overall liability.  These may include early retirement distributions to manage tax brackets, Roth IRA conversions, Mega Roth 401k contributions, and others that are applicable to your individual situation.

The creation of a qualified retirement plan is one way business owners may simultaneously defer current income while building a retirement portfolio.  Our team has years of experience helping business owners decide whether a SEP IRA, Simple IRA, 401k plan (individual or corporate), or other types of retirement plans are appropriate for their business, and then helping them design and implement those plans.

Where your investments are located is as important as tax bracket and effective tax rate strategies.  Whether investing in high income strategies in tax-deferred accounts, tax loss harvesting when available, or suggesting tax efficient investments in your taxable accounts, we will try to locate your investments in the best possible place so as to minimize your future tax liability associated with them.

Estate taxes can remove a sizable portion of the legacy that you intend to leave.  If you will be affected by an estate tax, we can help to minimize the effect of those taxes on the value of your estate and taxes through strategies that include gifting, trusts, and life insurance, amongst others.