Long-Term, Strategic Tax
Planning

Our tax strategies are designed to complement your overall financial plan by helping to protect and preserve your wealth. Through an array of tax planning services, Allegheny Financial Group can work directly with your tax accountant to review your past returns and identify opportunities to reduce your tax liability, including:

Tax Planning Techniques

Investment decisions should not be driven primarily or solely by tax considerations, but you can find ways to add to the success of your portfolio by being attentive to tax planning techniques. These ideas may include managing taxes through capital gains, tax losses, loss carryforwards, tax-exempt securities, and tax deferral through Traditional IRA, Roth IRA, and 401k accounts.

Tax Efficient Investing Strategies

Based on your situation and – above all – your goals, our experts can help you manage your portfolio for tax advantages by considering: the type of account you hold, selecting the right investment products, timing buying, and selling during the year, and taking advantage of losses in a portfolio.
  • What is tax planning?

    The goal of tax planning is to maximize tax efficiency and minimize tax liability in every aspect of your finances. This includes taking into consideration the timing of income, planning for expenditures, and the timing of purchases.

  • What does tax planning cover?

    There are three key aspects of tax planning that affect all aspects of your finances — investing to reduce taxes; planning your finances to incur the least amount of tax; the process of tax filing.

  • Why is tax planning important for businesses?

    Simply put, tax planning strategies help businesses achieve their goals. For both large and small businesses, tax planning plays a vital role in lowering the amount of taxable income and thereby reducing the tax rate, and channeling taxable income to different investment plans. Proper tax planning also aims at conforming to tax law in a way that minimizes the incidence of litigation.