Tax Planning

Because tax laws and personal circumstances change, it’s wise to review your financial plan with tax awareness at least once a year, and whenever significant events occur—such as selling a business, receiving a large bonus, or retiring. These reviews help ensure your investment strategy remains aligned with your goals, while your tax professional ensures compliance with current regulations.

Common areas include retirement account contributions, required minimum distributions, capital gains, and estate considerations. Each of these can impact when and how much you keep of your investment earnings. We work with clients to model how these factors may affect their broader wealth plan, leaving tax calculations and compliance to their CPA or tax professional.

Taxes can affect your net returns, making tax awareness an important part of portfolio construction. Asset location—deciding which investments are held in taxable accounts versus retirement accounts—can influence long-term growth. We help illustrate how strategies like tax-efficient investing or rebalancing might fit within your overall financial plan, while your tax advisor handles the technical rules and filings.

In financial planning, tax planning refers to aligning your investment and savings strategies with awareness of how taxes may affect your overall wealth. While tax professionals provide the detailed guidance, we focus on helping clients understand how investment decisions, account types, and timing of withdrawals may influence their after-tax outcomes.