Clients have been asking us for help with saving on taxes. Until recently, we didn't have a good way to do that.
Taxes are a bit of a grey area for us because legally only tax professionals can give formal tax advice. This is in part because tax law is ever-changing and extraordinarily complex. However, advisors can provide tax planning which is tax-related education, projections, and estimates based on various scenarios.
New planning tools have been introduced to our industry in recent years that allow financial advisors to review a client’s information in light of current tax rules. This will allow us to compare various strategies and find combinations that best fit your needs and potentially save you some tax dollars!
Our basic analysis is a 12-point review of your taxing filing. We assess your:
SEE A SAMPLE TAX REPORT HERE!
When we manage investments for clients, we will provide you and your tax preparer with a summary of what documents to expect as you gather documents for filing.
This helps you and your tax-preparer to:
SEE A SAMPLE TAX SUMMARY LETTER HERE!
For more complex situations, tax-year comparisons and future projections can be provided with an Advanced Financial Plan. We look for:
SEE A SAMPLE TAX ANALYSIS REPORT HERE!
*This service is available to clients enrolled in a current financial planning engagement. Please note that this type of analysis is meant for educational purposes and to aid in planning discussions. Consult your CPA or tax accountant for formal advice and recommendations.
Want to learn a bit more about who can benefit from tax planning and what we need from you to complete this analysis? View this one-pager!