We all know how challenging preparing your tax return can be, but what if all your hard work could lead to future tax saving opportunities?

To do this, we review your most recently filed tax return to understand your different sources of income and determine which income tax bracket you fall in. We then use this information to identify any investment management, financial planning and tax savings opportunities that may be available to you in current and future years.

Here’s just some of what a Tax Return Review can do for you:

• Uncover opportunities to create a more tax-efficient portfolio

• Strategize your Social Security, Medicare, and retirement distributions

• Review any existing capital gains and tax loss harvesting plans

• Optimize your philanthropic goals.

• Identify ways to proactively collaborate with your CPA and other advisors
  

If you’d like to have a conversation on how comprehensive, proactive tax planning would be of value to you, contact us, or reach out to your advisor, to request a review. 

Writing a check is the easiest way to contribute to charity, but taking a little more time to plan your gift can benefit both you and the recipient of your donation. We'll work with you and create a gifting plan to help maximize the impact of your charitable contributions.

There can be tax benefits to selling securities that have underperformed – if you’re thoughtful about it.

If you want to minimize next year’s tax obligations, optimizing your finances this year is a good place to start. Portfolio maintenance strategies like tax-loss harvesting could help you realize significant benefits come next year’s Tax Day. Tax-loss harvesting can get tricky, so we make sure to be thoughftul and will often coordinate with your attorneys and tax professionals to ensure all aspects of wealth management are addressed before determining how to incorporate this into each clients financial plan. 

The Roth IRA can be an invaluable resource in retirement. Roth IRAs provide significant advantages to an individual in retirement, among them being tax-free withdrawals. Roth Conversions are a way to save in this bucket, but careful planning must be done before pursuing this strategy. 

But because of the up-front tax costs, doing a Roth conversion can be an expensive proposition. We work with you to help determine if a Roth Conversion is in your best interest.

When most people think about estate planning, they think about how to transfer wealth and property after their death – preferably in a way that doesn’t leave a surprise tax bill for their loved ones. But tax-advantaged wealth transfer can be for the living too. We work with you to help gift your wealth to your loved ones tax-free while you’re still around to see them enjoy it.