Income Tax Planning
Are you tired of financial advisors who only talk about investments? We often hear, "I need tax and retirement advice, too. Can you help?" 🎯Absolutely! Embrace Wealth Management offers a full spectrum of services to cover all your financial needs.
Income Tax Planning
We help you reduce taxes over your lifetime to keep more of your money. By reviewing your tax returns, we identify planning opportunities. This includes Tax-Efficient Investing, Asset Location, Tax Loss Harvesting, Capital Gain Harvesting, Retirement Distribution Planning (RMD), Roth Conversions, Charitable Giving, and addressing potential tax "surprises" like Medicare Surcharges (IRMAA), Net Investment Income Tax (NIIT), and the Widow Penalty.
Additionally, we can model different scenarios to see how adjustments, such as changing your filing status, dependents, business transactions, or stock choices, affect your taxes.
* This information is not intended to substitute for specific individualized tax advice. We suggest you discuss your specific tax issues with a qualified tax advisor.
Tax-Smart Withdrawals: Making Your Retirement Savings Last Longer
You've built your nest egg, invested in brokerage accounts, and have 401(k)s and Roth IRAs. Now that you're retired, which account should you withdraw from first?
Discover how a smart, tax-efficient distribution strategy can extend the life of your retirement funds and make them work harder for you.