Tax Prep & Planning

Tax Planning Services

Many new retirees are shocked to learn how the IRS taxes income from their 401(k), IRA, pension, and Social Security. That’s why tax planning before you leave the workforce is a crucial component of your overall retirement strategy.

What You Need To Know

Once you retire, withdrawals from your tax-deferred retirement accounts are taxed at your regular income rate. Interest paid on investments in taxable accounts is also taxed at your regular rate. Add to this a portion of your Social Security benefit may also be taxable – as high as 85% of your benefit depending on your total income.

The Advantages Of Our Tax-Planning Services

A comprehensive, tax-efficient strategy can help reduce your tax burden and enable you to keep more of your hard earned money. We work with you to develop tax-saving strategies customized for your personal situation. Our team is always up to date on the latest changes to tax law, the tax code, and new tax regulations for individuals, couples and businesses.

We can provide the professional guidance needed to help you understand:

How taxes on Required Minimum Distributions affects your retirement income.
How timing your Social Security benefits can help lower your taxes.
How taxes may affect your Medicare benefits and more.

Don’t wait until you retire. Let’s get started on developing a tax-saving strategy to help you protect your nest egg.