Tax planning is important for everyone, whether you’re planning for retirement or are already retired. With constantly changing tax laws and a complicated tax code, you want to work with a professional team to help you minimize your tax burden. With the services of an in house CPA, we have the technical knowledge and experience to create a tax strategy that allows you to keep more of your hard earned money.

We always consider the tax implications before making any investment or income related recommendations. If you have to pay a significant amount of capital gains tax, the return on your investment can be appreciably reduced. Similarly, we want to help you reduce your tax burden to allow you to invest more money for your future and keep more of your retirement benefits.

The best time to engage in tax planning is before the tax year has ended. After the fact, you can only search for deductions and credits you might qualify for. Instead, we suggest planning for deductions and credits by being strategic with your financial decisions throughout the year. Tax planning can significantly reduce your tax bill, especially if you end up in a lower tax bracket as a result.

Tax planning is just as important when you retire. For example, we will review you overall investment portfolio and current tax situation to recommend from which of your accounts (401k, Roth IRA, TOD, etc) you should withdraw funds to minimize your taxes and maximize your investment performance. If you are required to take an annual minimum distribution from your qualified retirement accounts, a Qualified Charitable Distribution may be an effective tax strategy. 

We create integrated tax strategies that allow you to keep more of your hard-earned money. Here are some examples of tax strategies in action:

• Advising as to which retirement account(s) your retirement distributions should be withdrawn to minimize your taxable income
• Timing the sale of your assets to reduce or offset capital gains tax
• Being strategic with the structure of your business
• Once I retire, should I relocate to another state to lower my overall taxes?
• Why pay more money to the IRS than you’re legally required to. We can help you keep more of what you have by providing a comprehensive approach to your finances that includes limiting how much you pay in taxes every year.

What Is a CPA?
A Certified Public Accountant (CPA) is an accounting professional who has met state licensing requirements to earn the CPA designation through educational training, experience and passing the CPA Exam.  In addition to demonstrated technical competence, a CPA is also held to rigorous ethical standards when working with their clients. A CPA can reduce your tax burden through tax planning. A CPA can both prepare your return and also focus as a tax planner to anticipate and navigate taxable events and structure your income in a tax-efficient manner. For example, recommending incorporating a business, timing the sale of assets at a loss to offset capital gains taxes, or investing in municipal bonds.

What Are the Benefits of Working with Integrated Tax Consultants?
Every investment decision you make has an impact on your taxes. With access to the in house expertise of a CPA,  you know we’ve already considered the tax implications before suggesting an investment to you. Earning higher-than-average returns on your investments is wonderful, but if it doesn’t lead to a net gain after taxes, it’s not good enough.

How Do Investment Consultants Help with Integrated Taxes?
Our Investment Advisor Representatives understand the ever-changing tax laws that affect your financial decisions. We don’t make investment recommendations without considering the effect it will have on your taxes. We also think about the future and how much you’ll pay in taxes when you sell the assets in your investment portfolio or start withdrawing from your retirement account.

Our Investment Advisor Representatives are here to help you make the best financial decisions for your situation, keeping in mind the tax implications for the present and future. Let us help you keep more of your earnings by creating customized tax strategies for you. Schedule your appointment with our team today.