Nobody likes to pay taxes, right?
Tax planning is essential for managing wealth, but sometimes it’s not always straightforward.
You definitely want to work closely with your accountant, but don’t overlook the impact of working with your financial advisor as well.
Tax planning isn’t something you should only think about one time a year when filing your annual tax return. Successful tax planning requires year-round attention if done properly.
As your financial advisor, we can consider strategies like timing your charitable giving, tax-loss harvesting, retirement planning, education planning, and choosing appropriate investment vehicles. And we are happy to work with your accountant to make sure we are maximizing tax savings strategies.
Effective tax planning goes beyond just annual tax reviews but looks ahead to help you achieve your long-term financial goals.