Being strategic about taxes is an integral aspect of managing and maximizing wealth that many people overlook. Not only do you need to understand how much you should be paying presently in taxes, but you should also look ahead to the future. Even more importantly, you must consider methods for reducing tax outlays in the long term.
The team at Fortis Lux Financial is here to break down and demystify tax planning. The New York office is open year-round for people to call and schedule a consultation with one of their tax planners. The best time to start strategizing is always now.
A: The American tax code is infamous for being complicated. No matter how much laypeople try to educate themselves, they are almost certain to overlook details that might save them a lot of money. By working with someone who specializes in tax planning, you have a far better chance of maximizing your wealth—and avoiding trouble with the IRS.
A: People enjoy many benefits from effective tax planning, but four big ones are reduced tax bills, less taxation for heirs, increased estate planning flexibility, and maximized real returns. To learn about the specific advantages for you, talk to one of our tax planners.
A: Most people think more about their taxes at the beginning of the year during “tax season.” While this is a fine time to start working with a tax planner, their services are available and beneficial throughout the entire year. We also recommend deliberate tax planning for certain life events, such as starting a new business or getting ready for retirement.