Tax Planning
We prefer to work collaboratively with your accountant to implement pre-and-post tax portfolios to help you have greater flexibility over the course of your life. As your fiduciary, we believe our role is to help you in every facet of your financial life, not just investments.
Tax planning is an important part of comprehensive financial planning. At Paradigm, we coordinate tax strategies with investment management, retirement income planning, and estate planning to help clients minimize lifetime tax liability and support long-term financial goals. We work alongside each client’s CPA or tax professional to ensure financial decisions are made with tax efficiency in mind.
Common tax-related tasks:
Collect and review tax returns; collaborate with accountant as needed.
Design a tax-efficient portfolio to reduce tax liability; create an efficient distribution plan when appropriate.
Determine when to harvest gains and losses inside the portfolio.
Structure your portfolio to maximize after-tax return.
Determine which investments are best held in after-tax accounts versus 401K or IRA accounts.
Navigate employer stock options and other employer compensation plans.
Examine ways to lower taxes now and in future years.
Stay current on tax law changes to determine how they impact you.
Review the impact of healthcare reforms or Medicare on your taxes.
Consider Roth conversion, or Backdoor Roth.
Examine the possibility of the zero percent capital gain rate.
Tax planning strategies are coordinated within each client’s overall wealth management and financial planning strategy.
Optimize Your Tax Strategy and Maximize Savings
The Paradigm Team & your accountant are here to collaborate and help enhance you financial health.