Let’s Take A Look At The Bigger Tax Planning Picture.
Most people seek the help of an accountant. We’re able to work right alongside you, and your CPA to minimize your tax liability by looking at the full picture.
At Wealth Analytics, our goal is to minimize the taxes you pay over the course of your entire life. As financial advisors, we take a much more macro approach to tax planning. Our strategy is based on current incomes as well as future ones. This wider time frame allows us to see savings in the long-run, and create a plan that’s adaptable to life’s changing circumstances.
Answering Retirement’s Taxing Questions
It can be overwhelming to try and tackle taxes yourself and CPAs are trained to minimize taxes in a given fiscal year. But this is only a short-term solution to a much larger and longer problem. There’s deductions, dependents, IRS restrictions, different account types, employment status, and so much more to think through.
We regularly work with clients to answer their biggest tax questions. These include, but aren’t limited to:
- When should I begin Social Security?
- What account(s) should I be taking my distributions from each year?
- How do I best reduce my taxes during RMD years?
- Is a Roth Conversion right for me?
- Are tax free muni bonds a good fit?