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Tax planning

A broader view
of your wealth.
An eye on taxes.

Tax considerations belong in the decisions you make throughout the year. We help connect them with your investments, retirement income and family priorities.

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A broad view of Diamond Head and the Pacific coastline

Look beyond a single tax year

Consider today’s choices.
Keep tomorrow in view.

With substantial wealth, a decision in one account can affect the rest of your financial picture. Our planning conversations consider both current circumstances and the years ahead, with attention to your retirement and legacy goals.

Connected planning conversations

Put tax considerations
in the bigger picture.

01

Retirement income

Review the timing and sources of income alongside spending needs and your broader retirement strategy.

02

Investment decisions

Consider the tax implications of portfolio changes and how different accounts fit your financial plan.

03

Roth conversion analysis

Evaluate whether a conversion deserves consideration in your circumstances, including the immediate tax cost and longer-term tradeoffs.

04

Giving & legacy

Discuss charitable and family priorities in coordination with the tax and legal professionals who support your plan.

A forward-looking conversation

Your return tells a story.
Your plan looks ahead.

A review of your tax return and financial circumstances can help frame planning questions. Projections let us explore how potential decisions may fit into your longer-term financial picture.

The goal is to evaluate choices in context, including their costs, timing and effect on your other priorities.

Questions we help you explore

How do different income sources fit into my retirement plan?

What should I consider before a Roth conversion?

How might a portfolio change affect my tax picture?

How can giving fit into my broader plan?

What changes should we discuss with my CPA?

A coordinated relationship

Bring your planning
professionals together.

Your financial plan benefits from a connected conversation. With your permission, we can work with your CPA or accountant to evaluate the tax implications of financial decisions.

Planning and preparation have different roles.

Our focus is the financial decisions ahead and how tax considerations fit into your plan. Your tax professional handles preparation, filing and advice specific to your tax situation.

For estate and legal matters, we coordinate with your attorney as appropriate.

Part of a complete plan

Keep every decision connected.

Explore how tax considerations fit with your retirement and investment priorities.

Retirement Planning →Investment Management →Estate & Legacy →

Plan with perspective

Let’s look at the
whole financial picture.

Start a conversation about your wealth, your priorities and the decisions ahead.

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What is tax planning?

Tax planning refers to our review of your tax return to identify potential planning opportunities - both now and in the future - to keep your lifetime tax liability as low as possible. This is different than tax preparation (usually done by your CPA or an online service like TurboTax), which is focused on keeping you compliant with what the government thinks you owe each year.

Why is tax planning important?

Taxes touch every part of your financial life. Your tax return is a financial fingerprint: it's completely unique to you, complete with valuable clues and information, all of which is buried in dozens of pages and hundreds of numbers. Understanding your return equips us to have more valuable and actionable conversations with you. Additionally, we can demystify the world of income taxes and help you understand this important piece of your financial picture.

Who is tax planning for?

Everyone! Regardless of your income sources or filing status, nearly anyone who pays income taxes can benefit from having a professional review of your tax return to identify relevant planning opportunities. At worst, we'll review your return and conclude you are currently maximizing every available tax saving opportunity. That's great "peace of mind" news. Alternatively - and more frequently - we'll identify a handful of tax saving opportunities, both in the current year and in future years.

What kind of opportunities might be identified?

We will evaluate a number of opportunities during tax planning, including topics like most tax efficient retirement vehicles, charitable giving strategies, realizing capital gains, Roth IRA conversions, tax credit eligibility, and more.  We can run projections to see how potential changes (e.g., filing status, dependents, the sale of a business, stock option exercises, etc.) may impact your upcoming tax liability.


Common Tax Errors to Avoid

Filing your taxes can be an involved process, and accidental errors can be easy to make. Grab this handy guide to get some tips to avoid some common filing errors.