Advanced Tax Planning
We will use our two decades of experience and Master's degree in Taxation to provide you with the customized, tax sensitive guidance you deserve.
Advanced Tax Planning
For most of our clients, taxes reduce income by between 30-50% – or more. Therefore, planning for taxes – and, moreover, optimizing your finances for tax purposes – is a critical part of planning for success. We have two decades of experience working with professionals, including those with equity compensation and cross border situations.
Integrated Tax Planning
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Given our background in income tax preparation, all our advice is filtered through the lens of tax efficiency.
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All clients receive a tax projection as part of the Year End Financial Planning Meeting, as a way of guiding decisions to make them as tax-efficient as possible.
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In addition, we frequently consider multiple facets of tax planning, which other financial advisors may not be equipped to understand:
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Tax planning over multiple years to ensure lifetime optimization
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Trade offs between planning for income tax vs. gift and estate tax
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Advanced Tax Planning for Clients with Corporate Equity Compensation
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Build out a tracking model, covering: vesting dates, options expiration dates, cost bases of previously exercised shares, etc.
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Model alternate scenarios to optimize exercise and sale decisions around cash flow needs, long-term goals and tax minimization
Advanced Tax Planning for Clients with Cross-Border Situations
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Analyzing and optimizing tax residency
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Tracking assets in and income from multiple countries
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Analyzing foreign tax liabilities and planning opportunities
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Coordination with foreign tax professionals to mitigate any double taxation
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Optimizing taxes on US side by strategic use of Foreign Earned Income and Housing Exclusions, Foreign Tax Credits, and/or Income Tax Treaties
Advanced Planning for Trust, Gift and Estate Taxation
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Comprehensive tax planning frequently requires consideration beyond the individual client. Based on your individual circumstances, we may need to consider inter-generational gift or estate tax implications.
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Alternately, we may recommend the use of a Trust, and can advise on the income and estate tax implications of different types of Trusts.
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As part of this planning, we can also offer advanced guidance on the proper selection of assets to donate for charitable purposes, as well as the most tax-efficient vehicle that aligns with your goals and cash flow needs, such as a Donor Advised Fund, a Charitable Remainder or Lead Trust, or even a Private Foundation.
