Tax Mitigation

Most people have a transactional relationship with their tax advisor, focused on completing their returns and minimizing next year’s bill. We help transform this relationship into a proactive partnership focused on reducing both current as well as future income tax liabilities.

We take pride in keeping up-to-date in the latest developments in the tax code. Below are some common areas of focus:

• Opportunities – We conduct a thorough review of your situation to determine if any tactics or strategies may have potentially been overlooked.
• Portfolio Spending Strategies – We analyze which accounts to draw down first in retirement, and how to mitigate the impact of required minimum distributions.
• Retirement Plans – For those who are self-employed or own a business, we review the latest developments in retirement plan design and deferred compensation arrangements to help maximize personal benefits while minimizing overall plan costs.
• Entity Selection – In conjunction with your other advisors, we help evaluate alternate tax structures, such as various corporations, trusts, etc.
• Sophisticated Strategies – In some cases, more advanced techniques may be in order. Examples may include captive insurance strategies, Opportunity Zone investments, private placement insurance, etc.