As they say, “it’s not what you make, but what you keep.” Taxes may well be your largest expense during your working years and during your retirement years. Unfortunately, many tax professionals and families are only concerned with minimizing taxes for the last or current tax year. We believe that your planning should include a broader approach.
As part of our process, we will review your current tax return so that we understand your current income and tax situation. We will also project your future taxes so that we can help identify activities that you might take to help reduce your future tax bills. As your situation changes, we will update our projections. As tax law changes, we will let you know how the changes could impact your situation. When necessary, we will collaborate with your CPA in a team approach.