Intelligent tax planning is key to maximizing your wealth, but where do you start? Our comprehensive tax planning process helps clients like you strategically minimize taxes and align with their financial goals.
Our tax planning journey begins with a short 15 minute call to understand your unique financial situation and objectives. We’ll have an open discussion about your income sources, assets, investments, liabilities, and pain points.
Are you a business owner seeking to reduce self-employment tax burdens? Do you hold appreciated assets you want to strategically divest to minimize capital gains? Is a portion of your portfolio invested in complex partnerships requiring passive loss planning?
Gaining insight into your specific scenario allows us to assess areas ripe for tax savings and begin crafting a strategy tailored to you. Our goal is to identify opportunities to implement tax planning best practices and principles.
Next, we’ll schedule an in-depth 60-90 minute tax planning meeting. We’ll conduct a comprehensive review of your financial landscape, including income, investments, assets, and liabilities. This enables a clear understanding of your current tax obligations and risks.
We’ll also explore short and long-term financial aspirations. Do you hope to retire early? Fund a grandchild’s education? Leave an estate for charitable causes? Your goals inform proactive tax planning approaches.
Additionally, we’ll collaborate on your latest tax returns to pinpoint improvement areas. Are you overpaying by missing deductions? Could you time capital gains more beneficially? We find every opportunity to legally cut your tax burden.
Our team will then synthesize the findings into a tailored tax minimization plan outlining specific tax planning strategies for your situation. We partner to implement prudent techniques maximizing deductions, credits, income deferrals, and more.
Tax planning is not a one-and-done engagement! We schedule periodic check-ins to keep your plan optimized as your financial landscape evolves. Income fluctuations, major purchases, retirement, and other life changes can profoundly impact tax liabilities.
For instance, if you receive a surge in income from selling a business, we can explore tax deferral or mitigation strategies. Or if you downsize homes, we’ll ensure you maximize available real estate tax deductions. We’ll update your plan to reduce your evolving tax obligations.
Regular communication ensures no stone goes unturned when legally minimizing your lifetime tax burden. Our CPAs stay vigilant, so you can feel confident you’re optimizing wealth retention and transfer.
We take a hands-on, personalized approach to ongoing tax planning. We become familiar with your unique financial profile, then collaborate to build a strategic multi-year roadmap aimed at legally minimizing tax impacts.
Through consistent communication, we help you expertly navigate complex, ever-changing tax codes to maximize savings. We also collaborate with your financial advisor to align planning with your investment portfolio and legacy goals.
Tax planning is our passion. We partner with clients through life’s changes and challenges to thoughtfully plan for short and long-term tax efficiency. Schedule a 15 minute conversation today, or call us at (404) 668-4713.
