Tax Strategies
Tax planning plays a crucial role in building and preserving your wealth. Nearly every financial decision you make can have significant tax consequences, including income, estate planning, gifts, or various state and federal taxes. The goal is to help reduce your tax liabilities and manage your wealth in the most tax-efficient manner possible.
At D’Angelis Wealth Management, our experienced team works closely with you to coordinate the tax aspects of your financial plan. Leveraging tax-efficient strategies allows us to help you retain more of your income and assets, leaving you with greater financial flexibility and the ability to pursue your objectives with confidence.
Key Areas of Tax Strategy:
- Income Tax Planning: We assist in developing strategies to reduce your income tax liability so you keep more of your earnings for reinvestment or consumption.
- Estate & Gift Tax Planning: We collaborate with you to structure your estate plan in a way that diminishes taxes on assets passed down to heirs or charities, preserving wealth for future generations.
- Tax-Efficient Investing: By optimizing your portfolio, we set up your investment strategy in tandem with your tax goals.
- State & Local Taxes: We help you navigate the complexities of state and excise taxes, keeping your financial strategies accounting for any local tax implications, which can vary depending on your location.
A Partner in Your Tax Planning
Our team works with trusted tax professionals so your wealth management strategy reflects the latest tax laws and opportunities. And while tax planning can be complex, we strive to simplify the process, providing you with clear, actionable steps to reduce your tax burden and increase your wealth over time.
Please note, D’Angelis Wealth Management does not provide tax advice. We recommend consulting with your tax advisor for personalized guidance.