Good tax planning is more powerful than a bull market.
Tax planning is forward-looking.
Efficient. Strategic. Specific.
Tax planning is forward-looking. This is important because tax returns are backward-looking. The goal of tax planning is to reduce the future taxes you will owe such that you pay no more than absolutely required. Our recommendations across all planning and investments give consideration to this important, and powerful, value-creation.
[KEYS] Tax Optimization
401(k), Mega-Roth, HSAs & things you can do as an employee
Remember that HR book you got on your first day? You had to make decisions about what benefits you wanted and often had no idea what HR was talking about. That book is full of ways you can grow "the value of you." Some companies, especially startups and tech companies, offer exponential opportunities. Take advantage of these. Your future self will thank you!
Tax planning for sudden money and philanthropy
Tax planning for sudden wealth and philanthropy require specialized knowledge and expertise. These are some of our favorite services. Sudden wealth is worth only as much as you get to keep. Know your options and act before Uncle Sam calls. Philanthropy is worth more than the tax benefits but knowing the tax breaks can give more to charity, or to your heirs, makes tax planning worth it. Although most effective for giving amounts over $500k, there is effective planning that can start at $20k giving.
The oyster of opportunities for business owners
The size of your company, demographics of your employees, nature of your income, and mixture of the fixed assets can all play a role in effective tax planning and personal wealth.
Tax-efficient estate planning & legacy goals
Estate planning can be as simple as a Revocable Living Trust. The more wealth and assets you have, the more complex which usually means more opportunities to plan for tax-efficiency that leaves more to heirs and charity.