While we understand that having a tax discussion probably isn’t #1 on your “to-do” list, we ask that you bear with us for just a moment.
Along with mortgages, auto purchases/repairs, and food/entertainment, taxes are right up there as one of our largest expenses. And unfortunately, the Internal Revenue Code is notoriously one of the most complicated books on the face of our planet.
We see far too many clients overlooking the intrinsic value of robust tax planning to help control, manage, and minimize these liabilities. And we want to help! Here’s how we work on this:
Tax-Efficient Portfolio Management: A thorough understanding of your tax situation puts Frank in a better position to understand and discuss different investment approaches that can lead to better ‘after-tax’ returns while keeping as much of your hard earned money as possible.
Retirement Optimization & Tax-Sensitive Withdrawals: Did you know that while clients with multiple IRAs can aggregate their Required Minimum Distributions (RMDs), the same is not true for those who have multiple 401k accounts? Frank has the tools to help you better visualize why tax management is such a critical factor when making withdrawal decisions.
Ongoing Tax Management: With laws and regulations constantly changing, efficient tax planning identifies opportunities to buy, sell, or hold in various market scenarios while adjusting to earned income, gains, or losses from other assets in your portfolio. Frank can work in coordination with your CPA to validate and ensure any moves are aligned with current tax laws and your overall tax plan.
In a nutshell…
If you want to make sure you are maximizing the efficiency of your tax situation, give us a call or book a time on Frank’s online calendar. Together, we can work toward better management of your tax liability and bottom line.