Tax Savings Planning
PLAN. To Give Uncle Sam Less.
"In this world nothing can be said to be certain, except death and taxes"
While there's little anyone can do about the former, there are many steps you can take to reduce the amount of money you pay toward the latter.
One of the keys to successful tax planning is to think about and implement strategies throughout the entire year, not just at the end of the year or in March or April as you're preparing your tax return.
While your accountant is responsible for making sure you are taking all the proper deductions and receiving the proper credits, they cannot change actions that you have taken or could have taken throughout the previous year.
Our analysis will explore:
- The tax ramification of your investments and possible ways to help reduce this burden.
- Use of end of year tax loss harvesting.
- Repositioning to tax-free and/or tax sensitive investments.
- Advantages of maximizing contributions to your employer retirement plan and/or IRAs to reduce your taxable income.
Contact us today to help keep Uncle Sam out of your pocket!