Understanding tax strategies and managing your tax bill should be part of any reliable financial approach. Some taxes can be deferred, and others can be managed through tax-efficient investing. With careful and consistent preparation, you may be able to manage the impact of taxes on your financial efforts.

Tax planning should not be done in isolation, but instead should be driven by your overall financial goals and integrated with your total financial plan. We can help you develop and implement appropriate strategies to lessen or shift current and future tax liabilities to help you meet your long- and short-term objectives.

Asset Location

Optimal portfolios minimize the impact of taxes by holding tax-efficient investments and strategies in taxable accounts and by holding high yielding or more active strategies within tax-advantaged accounts.

Tax Diversification Strategies

Intelligently controlling and managing your portfolio allocation by tax type can minimize the total taxes paid over your lifetime.

Tax Loss Harvesting

Controlling asset allocation while using tax loss harvesting to provide after-tax value by offsetting realized capital gains

Roth Conversion Strategies

Taking advantage of your marginal tax bracket through Roth conversions may decrease your long-term tax liability.

While tax and legal issues may be discussed in the general course of financial and investment planning, Simplicity Wealth does not provide tax or legal services. Please consult with your tax or legal professional prior to making decisions relative to these issues.