Tax Planning

Portfolio Analysis

We consider the tax implications of our investment recommendations to account for short-term gains, long-term gains, and losses.

Tax-Efficient Investing

We identify tax-efficient investment opportunities, like tax-deferred retirement accounts and tax-exempt municipal bonds, to minimize, defer and eliminate taxes where possible.

Tax-Loss Harvesting

When an investment declines in value, assuming it isn’t held in a retirement account, it may present an opportunity to engage in tax-loss harvesting. Tax-loss harvesting involves selling a losing investment and potentially using that loss to offset up to $3000 of your ordinary income.  Any amount over $3000 can be carried forward to offset short or long-term capital gains.

Retirement Planning

We help you create a tax-efficient retirement plan like traditional and Roth IRAs, 401(k) plans, and other retirement vehicles. Maximizing contributions to these accounts can reduce your taxable income and increase your retirement savings. It’s essential to strike a balance between funding retirement and non-retirement accounts because
retirement accounts are subject to required minimum distribution requirements, and withdrawals will be taxed at your marginal tax rate in the taxable year the withdrawal occurs.

Estate Planning

We work with your estate planning attorneys to minimize estate tax liability wherever possible.