Tax Strategy

There are two things that our advisors know are always in motion: IRS regulations and our client’s level of vulnerability to them. An increase of income and/or assets often requires a change of tact from tax reporting to tax planning. We identify strategies and work with accountants to avoid stepping on landmines laid by our increasingly complicated tax code.

The following is a sample of how our advisors simplify tax strategy:

• Reconstruct Basis and properly fill out Form 8606
• Set up annual Roth conversion strategies
• Roth Re-Characterization
• Identify opportunities to isolate IRA basis without tax
• Funding recommendations among employer plans, Roth’s, Traditional IRA’s, and Trust/Brokerage accounts
• Build tax efficient portfolios for taxable accounts
• Design tax-friendly withdrawal strategies
• Help evaluate when to take social security benefits
• Create custom Investment portfolios that seek to increase step-up in basis to heirs
• Second to Die Policies in Irrevocable Life Insurance Trusts to help reduce Estate Tax