At Sequoia Financial Group, we firmly believe that comprehensive tax planning is a strategic opportunity to optimize your wealth, preserve your legacy, and reduce unnecessary tax liabilities. Fall is an ideal time to engage in tax planning to thoroughly consider your options and leverage opportunities before year-end. Proactive preparation for the April filing deadline, combined with the guidance of skilled professionals, ensures your wealth works harder for you and your family.
In light of recent tax law changes, it’s especially important to approach this tax season with much intention. Your Sequoia Financial advisory team is ready to help. Consider the following before your next conversation.
- Gather Comprehensive Documentation
Your financial picture extends beyond W-2s and 1099s. Make sure you collect records of charitable contributions, trust distributions, real estate transactions, and business ownership interests. Having these documents in order helps your advisory team evaluate your tax exposure holistically. - Review Last Year’s Return
Last year’s tax return is more than history; it’s a roadmap. Reviewing it with your advisory team can reveal patterns, identify deductions that may have been underutilized, and spotlight areas where planning could better align with your overall wealth strategy. - Make a List of Life Events
Did you welcome a child or grandchild, sell a business, relocate, or make significant philanthropic gifts? Life changes like these can meaningfully impact tax planning. Sharing updates early helps your advisors structure strategies that reflect your evolving goals. - Evaluate Estate and Gifting Plans
Estate planning and tax strategy are inseparable. Consider whether you intend to make any financial gifts to loved ones or charitable donations before year-end. Having enough time to prepare can help to increase your long-term benefits.
Comprehensive tax planning requires collaboration among specialists who seamlessly integrate tax planning, financial planning, investment strategies, charitable giving, and estate planning. By working with the Sequoia Financial Group team and the specialists in our wealth planning department, you gain:
- Proactive Strategy Development: Skilled advisors and specialists who can anticipate tax implications of investment decisions, business transactions, and life changes before they happen.
- Coordination: Collaboration between financial advisors, tax professionals, and estate planners ensures strategies complement rather than conflict.
- Time Savings and Confidence: By delegating to a knowledgeable team, you free yourself from the stress of managing details and gain confidence that your wealth is being stewarded effectively.
- Customized Solutions: Every client’s financial situation is unique. A skilled team creates strategies tailored to your family’s goals.
Start Early, Stay Strategic
For many individuals, tax planning is about leveraging opportunities, aligning strategies with personal goals, and preserving wealth for generations. By preparing thoughtfully and working closely with Sequoia’s skilled advisory team, you’ll have tax planning options to help shape outcomes in your favor. Now is the time to act. Contact your Sequoia Financial Group team today to begin preparing for tax season and position yourself for a stronger financial future.
Investment advisory services offered by Sequoia Financial Advisors, LLC, an SEC Registered Investment Advisor. Registration as an investment advisor does not imply a certain level of skill or training.
This material is for informational purposes only and is not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Diversification cannot assure profit or guarantee against loss. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses. Sequoia Financial Advisors, LLC makes no representations or warranties with respect to the accuracy, reliability, or utility of information obtained from third-parties. Certain assumptions may have been made by these sources in compiling such information, and changes to assumptions may have material impact on the information presented in these materials.
The tax and estate planning information offered by the advisor is general in nature. It is provided for informational purposes only and should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Clients requesting tax return or estate preparation services are referred to a commonly-held affiliate, Sequoia Tax Services or a third party and not Sequoia Financial Group.
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