Tax Strategies

At Legacy Wealth Partners, we believe proactive tax planning is a cornerstone of enduring wealth. Our Tax Strategies Services are designed to integrate seamlessly with your overall financial plan, aiming to minimize tax liability, maximize efficiency, and protect more of your assets for you and your heirs.

We move beyond annual compliance to provide forward-looking guidance, helping you make financial decisions today with a clear understanding of their tax implications tomorrow.

Our Proactive Tax Planning Focus Includes:

• Comprehensive Tax Analysis & Projection: We review your complete tax picture, including income, investments, and potential deductions, to identify opportunities and liabilities across current and future tax years.
• Investment Tax Efficiency: We incorporate tax-aware investment strategies, including asset location, tax-loss harvesting, and managing capital gains, to help enhance after-tax portfolio returns.
• Retirement Account Strategy: We provide guidance on the tax implications of contributions, distributions, and conversions from various retirement accounts (e.g., 401(k), IRA, Roth IRA), seeking to optimize for both growth and future income.
• Charitable Giving & Estate Transfer Planning: We explore strategies for charitable donations and wealth transfers that can fulfill your personal goals while potentially reducing estate and gift tax exposure.
• Business Owner Tax Considerations: We work with business owners to examine entity structure, compensation, deductions, and succession planning from a tax perspective.

Our Approach: Integrated Guidance

Our advisors coordinate with your tax professionals to provide cohesive, strategic recommendations. We focus on education and collaboration, ensuring you understand how each element of your financial plan interacts with the tax code. This integrated approach allows for ongoing adjustments in response to life changes, market events, and evolving tax legislation, keeping your strategy relevant and effective.

Partner with Legacy Wealth Partners to implement a tax-informed financial strategy designed to keep more of your hard-earned wealth working toward your legacy.