Tax Planning ¹

It’s said that only two things are certain in life: Death… and taxes! With prudent planning and foresight, there’s a lot you can do to minimize your tax bill now and in the future. A well-planned tax strategy can yield great benefits, but only if it is done reviewed and updated every year.

A Holistic Review - Many different facets of your personal finances carry tax implications, from investments to employee stock options to property holdings and more — so it only makes sense to create a tax strategy that takes all of these elements into account. I will take a comprehensive look at your finances in order to create a sound, integrated strategy.

Tax-Efficient Investments - A lot of people think of a good investment as the one that makes the most money — but this is only part of the picture. It’s very possible for an investment to have a higher value but ultimately put less money in your pocket due to the unfavorable way it’s taxed. I will take tax-efficient investing into account when assessing your portfolio and making recommendations. A few tax-efficient investment strategies may include:

-Tax-loss harvesting

-Tax-efficient withdrawals

-Utilization of tax-efficient investment vehicles

-Spreading investments across accounts with different taxability

Staying on Top of Updates - People usually don’t think of taxes as the most dynamic field — but the truth is, the rules and regulations surrounding them are constantly evolving. Things like IRA contribution limits and the exact value of credits and deductions typically update on a yearly basis, but there are also frequent changes to tax laws at the local, state, and federal levels. These developments can have significant tax implications in both the short and long term.

Evolution & Adaptation - Being aware of changes, of course, is just half of the equation — the other half is adapting to them. I will analyze the updates that take place to tax law, your personal financial circumstances, and the overall market, and make recommendations accordingly. That way, your financial tax planning strategy will be optimized for any given moment.

¹ Any information presented about tax considerations affecting client financial transactions or arrangements is not intended as tax advice and should not be relied on for the purposes of avoiding any tax penalties. You should discuss any tax or legal matters with the appropriate professional.

McW Wealth Management offers securities through International Assets Advisory, LLC (“IAA”) – Member FINRA/SIPC. Advisory services offered through International Assets Investment Management, LLC (“IAIM”) –SEC Registered Investment Advisor. McW Wealth Management is unaffiliated with IAA and IAIM.

McW Wealth Management may only conduct business with residents of the states for which they are properly registered, therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. This site and the content herein are subject to certain Legal Notices.

¹ Any information presented about tax considerations affecting client financial transactions or arrangements is not intended as tax advice and should not be relied on for the purpose of avoiding any tax penalties. You should discuss any tax or legal matters with the appropriate professional.

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McW Wealth Management

McW Wealth Management

Tax Planning ¹

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