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Income Tax Planning

The complexities of the IRS’s tax system require detailed calculations to determine the tax affect of any change to your tax data from year to year.  Being aware of tax consequences well in advance empowers you to make informed financial decision with less stress and avoid unpleasant surprises.

When would a person benefit from income tax planning services?  Whenever a person experiences a life event with significant financial implications, their tax obligations and reporting requirements will change as well.  Because of tax credits, deductions, exemptions, differing tax rates for differing types and amounts of income, and the phase out levels for all of these items, we have a VERY complex tax system.

  • Sale or purchase of home or land
  • Stock options*
  • Distributions from an investment account
  • Marriage or Divorce
  • Distributions from or contributions to a retirement account*
  • Birth or Adoption
  • Career change or retirement
  • Significant gifting to individuals
  • Significant contributions to church or other non-profits
  • College costs
  • Inheritance
  • Self employment
  • Parent(s) become your dependant(s)
  • And many more…

Other Services

Financial Planning
Estate Planning
Professional Money Management
Tax Preparation

Without passing judgment on its merits or shortcomings, it is fair to say that our tax system has increasingly morphed into a system that not only funds our government but also a system of wealth redistribution. Because of this dual purpose and resulting complexity, planning for, paying, and minimizing your tax obligation, is a daunting task to say the least. This is especially true for those of significant wealth or multiple sources of income.  Strategic planning for reduction, deferral and or avoidance of taxes is best accomplished by a tax and planning specialist.  Tax planning is available only during June through November. 

Family Financial Services provides you with a Certified Financial Planner™ (CFP®) practitioner and Enrolled Agent (EA), making this a unique opportunity to develop a business relationship with a credible financial advisor with expert knowledge in both tax and financial planning matters. Since we operate under a fee based pricing structure, conflicts of interest are never an issue.

Tax planning is offered as an independant engagement or as an add-on to your comprehensive financial plan*.  Cost will vary with complexity. Please call to arrange for a no cost, no obligation, exploratory meeting.

Our clients appreciate the convenience of having their financial planning*, investment management*, and tax services under one roof.

*Financial Planning services are offered by Jeffry Robinson through H.D. Vest Advisory Services SM.