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Below are a few common scenarios where tax planning can help save time & reduce your liability:
You sold a house and have a large capital gain.
You sold a business or commercial property and did very well but have a big tax obligation.
You have a concentrated position in a specific stock or stock options which will result in a big gain.
You are tired of owning existing real estate and its ongoing operational requirements.
You have an old estate plan that needs updating.
You have a highly profitable business that pays burdensome tax liabilities on a yearly basis.
Tax planning is preparing for future tax liability using any one or a combination of strategies to be as tax efficient as possible. It is analyzing the present and past financial documents and transactions to prepare for the future. The process is forward-looking and proactive, which is very different from tax accounting. Tax accounting is based on recording and documenting the past.
Schedule a Free Call →Trust transfer exemption- 706
Retirement Plans
Detailed knowledge of unearned income tax categories
Financial instruments (options)
1031 exchanges
OZ Funds
Captive Insurance
Charitable Gifting and Donor Advised Funds.
Singularly and in combination
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