Taxes are often a large expense and can be a big drag on your current and future income. However, through proactive planning and collaboration with your tax advisor, we will seek opportunities to lower your tax bill now and in the future.
Tax optimization can be accomplished through:
- Annual Tax Return Reviews [Click for a Free Sample]
- Retirement Plan Contributions
- Health Insurance and Health Savings Accounts Utilization
- Retirement Plan Location Analysis (e.g. Taxable Accounts, Pre-Tax Retirement Plans, After-Tax Retirement Plans)
- Roth Conversions
- Backdoor Roth IRA Contributions
- Investment Asset Location (e.g. holding bonds in a taxable vs retirement account)
- Charitable Giving Strategies
- Business Entity Review
- Coordination and Timing of Income Streams (e.g. Deferred Compensation Plans, Social Security, Pension, Required Minimum Distributions, etc.)
- Annual Tax Law Change Review
