In the area of Income Tax Planning, we can:
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Review your tax return each year to spot planning ideas visible to us because of what we know about the rest of your financial life.
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Provide summary tax data each year to help in the preparation of your annual tax return.
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Determine whether it is appropriate to convert a portion or all of your Traditional IRA to a Roth IRA.
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Inform you of changes in the tax law and discuss with you what the changes mean for your financial planning.
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Conduct tax smart strategies in your investment portfolio to help maximize your after-tax returns. As we like to say, you cannot eat pre-tax returns.
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Track cost basis data for your portfolio that we manage.
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Refer you to an accountant if you need one, or work with your accountant if you already have one.
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Assist with miscellaneous questions, such as what expenses are tax deductible or when to consult a CPA or attorney.
With an intelligent approach to income tax planning, it is more likely you will not pay more tax than is necessary given your financial situation.
