Tax Planning
Year-Round & Year-End Tax Planning Details:
Maximize your investment returns while minimizing taxes
Harvest capital losses
Defer tax on dividend and interest income when possible
Reduce capital gains tax
Max-out 401(k) and IRA contributions
Utilize Roth conversions if possible
Take full advantage of charitable contributions and other eligible deductions
Year-Round & Year-End Tax Planning
Good tax planning is more than just filing your tax return each April. With coordinated year-end and year-round tax planning, our team of experienced tax planners and advisors can grow your savings and significantly reduce your tax burden.
Year-round tax planning is focused on reducing the taxes you pay on investments. With our unique tax planning deep-dive, we analyze every aspect of your portfolio. Then, we create a custom strategy that allows you to optimize your holdings, pick the right type of account, and shrink the amount of tax you pay on dividend and interest income.
With year-end tax planning, we discuss steps you can take before December 31st to save you money the following April. You may not think that the end of the year is the right time to think about tax planning, but in reality, it’s one of the most important. When you file your return in April, you’re doing so for the previous calendar year. So, if you’re thinking about strategies to save money on your taxes when you’re filing your return, it may be too late.
Don’t wait until April to start looking for ways to save money with your taxes. Let the experienced team at Cowen Tax Advisory Group help you with your year-round tax planning today.
