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Tax Planning

We will work with your tax specialist to maximize your tax efficiency.
Tax-Liability Reduction Strategies

Cost Basis and Capital Gains Evaluation

Tax-Loss Harvesting Implementation

Roth Conversion Analysis

Coordination with Qualified Tax Specialists

Health Savings Account (HSA) Evaluation

Tax-Efficient Wealth Transfer Planning

 

Effectively managing wealth requires a thorough understanding of how taxes can impact a portfolio. Tax efficiency requires a detailed and focused plan. Together, in coordination with your tax professional and our external network of CPAs, we aim to provide strategies to lower your tax liability and increase the tax efficiency of your overall financial plan.

Additional Tax Planning Resources

When Can I Access My Retirement Accounts?

Do you always have to wait until 59 1/2 to access your retirement accounts without paying penalties? Does a 401(k) work the same as an IRA? Are there exceptions to the withdrawal restrictions?

The Worst Mother’s Day Gift

Our mothers have such an important role in all our lives. They tirelessly care for us from infancy to adulthood, usually sacrificing the things they want to do or have for us. As we celebrate Mother’s Day this year, consider the following situations as things you don’t want to give your wife this Mother’s…

Stop Giving to Charity…in Cash

Before you get the wrong impression of the headline, I think giving to charity is great. In fact, I think people should do more of it. This article, however, wasn’t written to change your attitude about charitable giving, but about the method in which you administer your gifts…

Can I Lower My Taxes with a Donor-Advised Fund?

Due to the passing of the Tax Cuts and Jobs Act of 2017, the Tax Policy center estimates that the number of households claiming an itemized deduction for their gifts to non-profits will be reduced from 37 million to about 16 million in 2018. The result…

Lowering Taxes with QCDs

You may have heard that that IRS requires individuals over the age of 70 ½ to begin taking distributions on their tax-deferred retirement accounts, forcing them to pay taxes on a portion of their IRAs, 401(k)s, etc. during their lifetime. These distributions are referred to as…

Why Robots Are Bad Financial Advisors

In this age of rapidly advancing technology, more and more investors have opted for “DIY” financial planning and investment Management platforms. And, with the increasing capabilities of trading platforms, retirement calculators, and auto-

Q&A: Should Aging Parents & Adult Children Co-Own Assets?

Taking care of aging parents can be unfamiliar territory for anyone who is put to the task. However, it is something that many in their 50s and 60s are dealing with today. And, part of navigating that unfamiliar territory is trying to find a way to more easily…

Q&A: It’s Tax Season. What Do I Need to Know?

Tax season can be a busy and confusing time of year. With the Tax Cuts and Jobs Act of 2017 being signed into law in late 2017, this year’s tax season is perhaps even more confusing than usual. To help, we have listed 9 things that you’ll want to know about this tax...

No client or potential client should assume that any information presented or made available on or through this website should be construed as personalized financial planning or investment advice. Personalized financial planning and investment advice can only be rendered after engagement of the firm for services, execution of the required documentation, and receipt of required disclosures. Please contact the firm for further information.
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