Tax Planning

An important consideration in your financial plan are taxes. While we all need to pay taxes, you need to look for ways to assure that your are paying the right amounts. Thoughtful tax planning can help assure that taxes don’t negatively impact you or your heirs.

The IRS has a singular purpose at which it is quite effective - that of raising money via taxes. In good economic times and bad it is indifferent to you. It is your responsibility to pay the taxes you owe and not a penny more. Your financial health depends on this.

Although we do not prepare tax returns we work in conjunction with our client’s existing accountants to help minimize their annual federal and state income tax obligations. Various tax reduction strategies such as deferral, deductions, exemptions, and credits, are evaluated and if appropriate, implemented. Tax savings then generated can be deployed towards accumulating additional capital to apply towards their financial goals.