Tax Planning
Taxes represent a significant consideration for every long-term investor. By minimizing income taxes, investors retain more wealth to help meet their goals. We exercise care in the appropriate placement of investments within taxable and tax-deferred accounts. For example, we generally place index and tax-managed vehicles in taxable accounts and higher turnover mutual funds in tax-deferred accounts. However, tax considerations do not dominate our portfolio management process.
Tax planning is included as part of Aspire's Financial Independence Planning but is also offered to clients as a separate service. This service includes summary review of your last two years of tax returns including your deductions, income, and all your other tax schedules and forms. We'll be looking for "red-flags" i.e., items on your tax return that indicate financial planning opportunities. Professional referrals to CPAs and Enrolled Agents or tax preparation specialists are available as necessary.