Broker Check

Why Tax Planning Matters

Client Centered

Our firm offers annual tax planning as part of our comprehensive financial planning service. While often overlooked, robust tax planning is one of the most valuable pieces of a complete financial plan, and we are excited to offer it to you.

WHAT IS TAX PLANNING?

Tax planning refers to our review of your tax return to identify
potential planning opportunities - both now and in the future - to keep
your lifetime tax liability as low as possible. This is different than tax
preparation (usually done by your CPA or an online service like
TurboTax), which is focused on keeping you compliant with what the
government thinks you owe each year.

WHY IS TAX PLANNING IMPORTANT?

Taxes touch every part of your financial life. Your tax return is a
financial fingerprint: it's completely unique to you, complete with
valuable clues and information, all of which is buried in dozens of
pages and hundreds of numbers. Understanding your return equips us
to have more valuable and actionable conversations with you.
Additionally, we can demystify the world of income taxes and help you
understand this important piece of your financial picture.

WHO IS TAX PLANNING FOR?

Everyone! Regardless of your income sources or filing status, nearly
anyone who pays income taxes can benefit from having a professional
review of your tax return to identify relevant planning opportunities. At
worst, we'll review your return and conclude you are currently
maximizing every available tax saving opportunity. That's great "peace
of mind" news. Alternatively - and more frequently - we'll identify a
handful of tax saving opportunities, both in the current year and in
future years.

WHAT DO WE NEED FROM YOU?

An electronic PDF copy of your most recent tax return. That’s it. Get
us a copy of that most recent tax return, and we will take it from there.