Tax Planning included Micro and Macro Elements
Micro tax planning focuses on ways to reduce your taxes in the short term. By implementing these type of strategies, you can lower your tax bill in the current year.
Macro tax planning takes a longer-term view, focusing on ways to reduce your taxes over your entire lifetime.
The key to both is proactive tax planning centered around YOU.
Your financial plan needs to be coordinated with all aspects of your financial life. It must include tax planning, cash flow management (including retirement income), investment positioning, and estate preservation.
Our tax team understands this and takes proactive approach to tax planning and preparation—starting by assessing and organizing current financials and historical records. Based on these insights, we’ll develop a custom plan of action and work together to implement.
Tax Planning Services
- Income tax planning and avoidance strategies
Minimize your tax burden with smart strategies that evolve with your financial situation. Find smart ways to reduce your tax burden and maximize your financial potential.
- Tax credits analysis
Make sure you’re taking advantage of all possible tax credits with our thorough analysis.
- Capital gains tax mitigation / deferral strategies
Plan for and mitigate capital gains taxes from all sources including investments and all types of property.
- Charitable giving strategies
Explore philanthropic endeavors to reduce your tax burden.
- Retirement income planning
Plan ahead for peace of mind with tax-wise retirement income strategies.
- Investment planning
We’ll identify tax strategies for your investment to maximize returns and lower your lifetime tax burden on both IRAs and brokerage accounts.
- Estate planning
We’ll help secure your family’s future with tax-wise estate planning.
Everyone wants to save on taxes now, we call that micro tax planning. Unfortunately, that is where most tax planning stops.
However, true tax planning also takes a macro approach, that is what are strategies that would allow you to reduce your lifetime taxes? Sometimes that means paying more in one year to take advantage of different rates or opportunities in order to pay less later. Roth conversions are just one example of macro tax planning when done the right way.
Our Team
We partner with the Reeder CPA group for tax planning and preparation. Micheal Reeder is the founder and managing partner of the firm. He is not your normal CPA, he is very forward-thinking and strategic, working together with other professionals to provide true, comprehensive plans.
His firm was founded on the principle of doing the utmost for each and every one of their clients. Reeder’s excellent reputation in the communities has been earned through diligence and care. Each client is important no matter how large or small.
Ready to Get Started?
One phone call can be the path to easing all of your tax planning concerns.
