Tax Minimization

Many of our clients have tax liability concerns for various reasons. Situations are often unique and client specific, but here are some examples of how we have helped minimize tax liability:

• Client is a small business owner or physician managing a medical practice
  We can help set up and manage a Defined Benefit Plan that could allow the owner or physician to defer over $100,000 a year in some instances in pre-tax contributions to the Plan, dramatically reducing tax liability and quickly building a sizable retirement nest egg. We also help set up and manage 401K Profit Sharing plans including Safe Harbor plans.
• Client is in a high tax bracket and wants tax efficient portfolio management
  We can utilize investment models that have a higher concentration of tax free municipal bonds and other investments that are held longer than one year. We can also tax loss harvest when it is appropriate.
• Client has a concentrated stock position they have held for a long time
  We can utilize various options strategies to generate income while we periodically sell the position over a longer time period to spread out the tax liability or time periodic sales to offset other positions that may have losses.
• Client recently sold a business and wants to defer taxes
  We can help clients set up and manage a Donor Advised Fund. This allows them to put away a large amount from the sale for future philanthropic giving. By doing so, they deduct the full amount of the contribution in the year of the sale but make grant distributions from that fund in following years to charitable organizations of their choice.

Posted By Navigo Wealth Management