Tax Planning

We believe tax planning is in integral part of advising on your finances.  We review tax returns to see if we can find legal deductions and opportunities that may have been missed.  We also run tax estimates throughout the year to stay on top of your projected tax liability.  We advise on changing your withholding or making one time estimated tax payments to cover your tax liabilities and avoid any nasty surprises when you file your returns. 

This hands on work with your tax planning is labor intensive and often under appreciated by clients.  Tax savings is not reported on your tax return.  Tax savings are not computed in your performance report.  In fact, tax saving strategies like the use of tax free bonds in a portfolio or tax loss selling, may save you money on net and add to your net worth, but it may also be reported as lower calculated returns in your performance reports.  This is why most advisors will not offer or encourage these services.  However, regardless of whether we receive the praise for this work, we know that tax planning can have a significant impact on our client’s net worth and performing the work is part of our mission to be helpful. 

We can work with your existing accountant to provide complimentary services and assist in data gathering and collaborate as a team.  We provide tax preparation services on a limited basis for clients and we also have a network of capable CPA’s that we refer clients to for preparation work and special planning needs.