Principles Centered | Managing Capital | Protecting Wealth™

Tax Management

Tax Advice and Tax Planning

We include tax planning and preparation because we know that without reducing the amount you owe in taxes, the road to financial independence is much longer. We find that the most successful and effective plans are those where everything is working together toward one common goal. Goals are reached much faster when ALL pieces of the train are all running on the same track.

Are you withholding enough to avoid tax penalties? How much can we estimate that you will owe? What can we do now to reduce that amount? How can you pay less money in taxes, so instead you can re–allocate those funds toward reaching your goals faster? How much do you need to take for your required minimum distributions? Do you have capital losses or gains that you should consider taking before year–end? If so, should you buy the investment back again? When? While we would never promise you a 20% return on your investments (and no one should!), we feel that with good tax planning, if we can help save you $1 in taxes, in essence, that's approximately a 20% return!

We strongly believe in tax planning and, with retainer clients, will do a year–end tax planning appointment and analyze whether they should change their payroll withholding, whether they should make any changes to their portfolio, and what are the best year–end tax saving strategies for them to implement.