Tax Planning

It’s said that only two things are certain in life: Death…and Taxes!  While there’s not much you can do to avoid the former, with prudent planning and foresight, there’s a lot you can do to minimize the latter.  However, similar to planning that goes into living a happy and fruitful life, a well-planned tax strategy can yield great results!

Our Tax planning philosophy is not centered around tax avoidance, but rather on helping you structure your finances, so you and your family aren’t overburdened by undue tax liability.


Why Tax Planning Is Important

Delayed tax planning is the equivalent to leaving potentially savable dollars, of your hard-earned money, on the table for others to benefit from.  The longer you defer tax planning, the more money you’ll end up owing and paying in taxes.  That money could potentially have been saved, though a reduced tax bill, invested and grown, though the magic of compounding, over many years. 


What We Can Do For You

We help our clients though long term, Tax Planning strategies – and that’s exactly how we’ll help you.  Tax Planning does not commence on the date of filing your tax returns. Just the contrary.  We can help devise a tax planning strategy that work toward minimizing taxes, seek to maximize tax refunds and guides you to optimize your tax-friendly investment returns.

Here’s what we can do for you through our Tax Planning service:

  • While the best advice you can get is: Save. Save. Save…as much as you can. The next best advice is: Be careful how you invest those savings. Our Tax Planning advice will include considerations on whether you should invest with pre-tax dollars, or post-tax income. How you invest, and in what types of vehicles, can make a significant difference to the taxes you pay. Our Tax specialists can help you navigate through the various advantages and disadvantages of choosing one strategy over another.

  • When planning for tax impact on your income, we’ll also plan for the types of income that you might receive. Dividends, interest, annuity payments, capital gains, inheritances, employer or government benefits.  While all of these are potential income streams, in retirement and before, each has different tax planning implications.

  • Our team will help you foresee impacts to your future net wealth. If left unplanned, your new wealth could be diminished due to multiple reason, including the possibility of erosion to your estate though substantial taxes.

  • We’ll help you work toward mitigating possible tax impacts when it comes to your estate. A good tax plan seeks to ensure that future generations do not bear the burden of taxes due to the legacy you leave them.  To secure the best tax-advantage inheritance for your beneficiaries, you need to put appropriate plans in place now.

This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.