Peace of Mind

Tax Strategies


KEY POINTS:
 
  • Lower this year’s tax.

  • Defer this year’s tax to future years.

  • Reduce your tax in future years.

  • Maximize the tax savings from allowable deductions.

  • Minimize the effect of the AMT on this year’s tax liability.

  • Take advantage of available tax credits.

  • Maximize the amount of wealth that stays in your family.

  • Minimize capital gains tax.

  • Avoid penalties for underpayment of estimated taxes.

  • Free up cash for investment, business or personal needs by deferring your tax liability.

  • Manage your cash flow by projecting when tax payments will be required.

  • Minimize potential future estate taxes so you can leave the maximum amount to your beneficiaries (and/or charities) rather than the government.

  • Maximize the amount of money you will have for your retirement and education funding for your children.