Tax Planning
“The hardest thing in the world to understand is the income tax.” Albert Einstein
When you think about a 30-plus-year retirement, it’s easy to focus on your portfolio’s performance to deliver the lifestyle and financial independence you seek.
However, minimizing the erosive impact of your tax liabilities over that period is also critically important so you have more net income and a more substantial estate that can be passed on to heirs and any philanthropic causes that are important to you and your family.
Tax and estate planning can impact your financial wellness more than just picking the right stocks. As tax laws become more complicated, you need a financial advocate to coordinate with your accountant to help you build a cohesive tax plan that protects your wealth.
At Breakwater Capital Group, we use dynamic tax strategies, including tax-loss harvesting and long-term vs. short-term capital gains, to help you reduce taxes and increase your after-tax returns, boosting your long-term wealth.
We use techniques including the following to help you manage the complexities of taxes and maximize your after-tax returns:
- Asset location optimization
- Tax-exempt municipal bonds
- Donor-advised funds
- Tax loss harvesting
- Short-term vs. long-term gains
- Income management
- Tax efficient utilization of stock options
- We deliver tax projections to help you understand the bottom line when making financial decisions
Let's Get to Work
If you’re in search of innovative wealth management solutions or are starting a new chapter in your financial life, let’s connect.
