When it comes to wealth building, there are few things as important as tax planning. However, many tax professionals are too busy with tax preparation to provide it consistently to clients. As a result, you might be paying more than you need to.
At Genesis, tax planning is not an afterthought…it is an integral part of what we do for you. That means more opportunities to save and keep more of your money working for you.
Paying Attention to Taxes
Good tax strategies can have a significant impact on the wealth that you keep, so you don’t want to miss out on savings opportunities. At Genesis, our specialists take the lead with regular tax planning help.
We monitor tax law changes and know the strategies available to help save money now and later. Once fitting options are found, we’ll work directly with your tax professional to help get them implemented.
Tax-Efficient Investing
It doesn’t matter what you make–it matters what you keep. Especially in challenging markets, it is critical to optimize your after-tax returns. At Genesis, we’ll analyze your investments to look for opportunities for tax optimization. We also focus on tax-loss harvesting to keep your capital gains tax bill as low as possible while helping you realize profits. Regular attention to these areas can help improve your overall returns.
Tax-Smart Charitable Giving and Gifting
Our team will also help you plan your charitable giving and gifting to maximize tax deductions, if available, as well as tax efficiency. We’ll explore options such as donor-advised funds, charitable trusts and strategic giving to provide tax benefits while making an impact.
Business Tax Planning
If you’re a business owner, you likely have even more opportunities to employ tax strategies. At Genesis, our Executive Wealth Managers will collaborate with you and your business’s tax advisors to look for opportunities to maximize savings while remaining compliant with tax regulations.
