Broker Check

Tax Planning: Minimize Your Tax Obligations

When the new year rolls around, many people turn their attention to the often-dreaded April 15 th Tax Day. Though you must file your taxes every year by this date, tax planning implements year- round strategies to minimize your tax obligation and increase your tax efficiency.

What Is Tax Planning?

A tax plan is a financial strategy that allows you to lower how much you pay in taxes throughout the year. Your income streams, investment portfolio and large purchases can all contribute to either raising or lowering your taxes for the year. With effective tax planning, you can ensure you don’t pay more taxes than is necessary.

How Does Staub Financial Help With Tax Planning?

A Staub Financial advisor can help you create an efficient tax strategy. The advisor assesses your expenses, investments and income to determine what opportunities exist to lower your tax obligations.

Your tax strategy may involve investing money into tax-deferred retirement accounts, planning large purchases for maximum tax benefits and write-offs. If you have investments that have lost money, you may also use those to offset capital gains. At Staub Financial, we also work with you to ensure your tax plan reflects your short- and long-term financial goals.

Staub Financial is a family-owned and operated business. We are dedicated to providing our clients with the financial planning services they need to pursue their goals. Contact us today to learn more about our tax planning services.

*This information is not intended to be a substitute for individualized tax advice. We suggest that you discuss your specific tax situation with a qualified tax advisor.

Have a Question?

Thank you!
Oops!