Tax planning refers to our review of your tax return to identify potential planning opportunities, both now and in the future, to keep your lifetime tax liability as low as possible. This is different than tax preparation (usually done by your CPA or an online service like TurboTax), which is focused on keeping you compliant with what the government thinks you owe each year.

Tax planning is important because taxes touch every part of your financial life. Your tax return is a financial fingerprint. It is completely unique to you, complete with valuable clues and information. Understanding your return helps us understand this important piece of your financial picture.

Nearly anyone who pays income taxes can benefit from having a professional review of your tax return to identify relevant planning opportunities. We will look for tax saving opportunities, both in the current year and future years.

 We will evaluate a number of opportunities during tax planning, such as tax efficient retirement vehicles, charitable giving strategies, realizing capital gains, Roth IRA conversions, and more.