Strategic Tax Planning
Smart tax strategies to help you keep more of what's yours.
Minimize Your Tax Burden; Maximize Your Potential Returns
Taxes touch every aspect of your finances, from your paycheck and the purchases you make to the investment returns you receive and the amount you can pass along to your heirs. At Creative Planning, your wealth manager works with our in-house CPAs* and attorneys to help ensure your entire financial life is as tax-efficient as possible.
Integrating Tax Strategies With Your Custom Financial Plan
The Stakes Are High
Your approach to tax filing and tax planning can have a significant impact on the amount you owe in taxes. The U.S. tax code is incredibly complex, and if you're not familiar with every aspect of it, you may be missing opportunities. We can help you take full advantage of all tax-saving opportunities available to you, with the ultimate goal of minimizing your tax exposure and maximizing your wealth savings potential.
Proactive Tax Strategies
Tax laws are complicated and perpetually moving targets. That's why every decision we make on your behalf takes into consideration any potential tax implications. We integrate custom tax guidance with your overall wealth management and financial planning strategies. This approach helps ensure all aspects of your financial life are working together to help you make the most of your wealth.
Tax-efficient gifting strategies, such as donor-advised funds, qualified charitable distributions and the direct transfer of appreciated stock, are a great way to lower your tax bill and maximize your charitable impact.
While some firms only realize investment losses to offset ordinary income at the end of the year, we perform tax-loss harvesting on client accounts all throughout the year whenever it's strategic to do so.
Periodically rebalancing a portfolio, especially during market pullbacks, allows investors to follow the adage "buy low, sell high."
Adjusting a portfolio's asset location can align your investments to the most tax-efficient accounts and help to lower your overall tax bill.
5 Tips to Reduce Portfolio Taxes
Experience You Can Trust
Our comprehensive approach helps ensure all aspects of your financial life are working together so that you can make the most of your wealth. And because we serve in a fiduciary capacity, you can be confident we're acting solely in your best interests. We don't sell or earn commissions on investment products, and our planning-led approach helps ensure your money is working as hard as it can for you, every day.
Tax Planning and Tax Filing Strategies
As a Creative Planning wealth management client, choosing to partner with us for your tax filing needs means you'll work directly with an experienced tax director who has an in-depth understanding of both your tax situation and your overall financial picture. Your tax advisor will coordinate all required annual tax filings while also planning for future tax years and anticipated changes to your income. Plus, our tax professionals have experience helping clients in all 50 states.
*Creative Planning is an independent wealth management firm, also providing business consulting, tax and financial services to clients, but is not a public accounting firm. Creative Planning works closely with BerganKDV, an independent and separately governed licensed CPA firm, to provide audit and attest services.
