Many financial advisors today offer tax planning strategies as part of their planning services. Indeed, tax planning is one of the most important components of comprehensive financial planning to ensure you’re adhering to IRS regulations without overpaying in taxes.

Tax Preparation and Planning Experts

Tax planning is fraught with regulatory guidelines, and employing the wrong strategies can end up costing you money both in unnecessary taxes and in penalties to the IRS. To prevent these issues from occurring, it’s important to partner with a Certified Public Accountant (CPA).

Requirements for a Certified Public Accountant

The CPA license is earned by individuals who have passed the Uniform CPA Examination and demonstrated they have met certain rigorous education and experience requirements. CPAs are knowledgeable in a wide range of financial matters, but especially in regard to tax laws, reporting requirements, and tax implications for various types of assets. As with CFPs®, CPAs must adhere to a code of ethics to maintain their license.

Tax Planning Combined with Comprehensive Financial Planning – All Under One Roof

When your financial advisor is also a CPA, you receive unparalleled value because everything in your financial wheelhouse is coordinated to work seamlessly. We are able to provide holistic financial advice because we have the education and licensing required to understand your tax situation intimately.