Broker Check

Tax-Focused Financial Planning

Our background in finance and tax gives us a unique vantage point to attend to our clients’ goals and objectives. During a life transition, the stakes may be high, economic opportunities can be considerable, and yet the tax ramifications can significantly alter the future economic outcome.

In partnership with our affiliated firm, K.Q. Williams & Associates, P.C*., we provide financial advice that takes into consideration the impact of a variety of taxes, which may include federal and state individual and corporate income taxes, estate and gift taxes, and payroll taxes.

Typical Situations Where Tax Considerations Can Play an Important Role:

  • How to take distributions from IRAs prior to 59½ without paying the 10% penalty in certain circumstances
  • Calculating required minimum distributions from IRAs
  • Increasing tax efficiency in a client’s portfolio by properly allocating asset classes among the various retirement and taxable accounts
  • Determining the tax consequences of investment transactions
  • Helping business owners decide on the appropriate company retirement plan to provide to employees and/or key employees
  • How to minimize taxable income using tax-loss harvesting techniques
  • Selecting financial solutions that are consistent with income and estate tax plans
  • Evaluating the after-tax consequences of various financial decisions

Clients appreciate our ability to integrate their economic objectives with the related tax mitigating opportunities. This coordination enables us to have a significant impact on their financial lives, helping them to be proactive stewards of their wealth.

Just as important for many of our clients as our tax strategies and advice is our ability to prepare their tax returns and even represent them before the IRS should that ever be necessary. 

*(K. Q. Williams & Associates, P.C. is not affiliated with Independent Financial Group.)

Have a Question?

Thank you!