Were you aware that if the impact of taxes isn’t taken into consideration while making financial decisions throughout the year, you could be paying more in taxes than you would otherwise? Controlling your risks and minimizing taxes is important and should NOT be seen as separate from financial planning; instead, tax planning should be done simultaneously while making financial decisions and incorporated into your overall financial plan.
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TAX STRATEGIES
​​​Incorporating tax planning into your financial plan improves the probability of meeting your goals, especially when planning for retirement. By having a financial advisor analyze your current and future tax liabilities and utilizing tax strategies to shift or minimize the amount of taxes you pay throughout your lifetime, you will be able to more effectively plan your current and future cash flow. Therefore, tax planning is a key component of creating a well-rounded, successful financial plan.​

Year-round tax planning can help you: 
  • Take full advantage of deductions and credits you may qualify for
  • Choose tax-efficient accounts and investments
  • Determine how selling or holding assets could impact your tax bill
  • Make tax-efficient retirement withdrawals
  • Determine tax-efficient ways to transfer or gift assets to heirs