San Ramon 's Local Tax Specialist -Summit
Tax Planning Blog
February 21, 2025
Step One in Estate Planning: Deciding whether to establish a Revocable or Irrevocable Trust
Establishing a trust is one of the most important components of an overall financial plan. That’s because a revocable living trust is the tool one uses to ensure their assets will go where they want them to, once they have passed away.
February 7, 2025
S-Corps vs. Single Member LLCs: Which to Choose as a High Net Worth Entrepreneur Starting a Business
Before launching a business, choosing the right structure is one of the most important decisions to make. The structure of your business affects your tax life, your personal liability and long-term financial planning goals. If you’re unsure of what business structure to choose, learning about S-Corps and Single Member LLCs is a great place to start. To learn about these two business structures, read the article on our website (insert link) or below.
December 20, 2024
Why You Should Consider a Roth Conversion to Help Maximize Your Wealth
Are you within 5-10 years of retirement and hoping to maintain your current lifestyle, but most of your retirement is tied up in a traditional IRA? Continuing with your current plan means that you’ll have to pay taxes on your hard-earned retirement funds. But, there is something you could do right now to avoid income taxes throughout your entire retirement – a Roth conversion.
November 22, 2024
How Small Business-Owners Can Turbo Charge Their Retirement and Get a Tax Break
Are you a small business owner contributing to a 401(k) or IRA, but are unhappy with their restrictive contribution limits? Did you know there is another type of retirement plan that is more beneficial for high income earners? Enter the Defined Benefit Plan.
October 18, 2024
Exchange Funds: Diversifying Concentrated Stock while Deferring Capital Gains Taxes
Well-performing stock can give investors a false sense of security, but the unpredictable nature of the market makes long-term performance uncertain. So, what is an option for high net-worth individuals who want to diversify their portfolio and avoid capital gains taxes? Insert the exchange fund.
September 20, 2024
Navigating 1031 Exchanges: Tax-Deferred Real Estate Investments
Imagine being able to sell your investment property without the looming shadow of capital gains taxes, allowing you to reinvest the sale profits into your next opportunity. This is possible through a real estate investment strategy known as 1031 exchanges. By navigating the ins and outs of this tax-deferral strategy, you can enhance your real estate portfolio while unlocking greater investment potential.
September 6, 2024
A Guide to Qualified Small Business Stock and How it Relates to Tax Planning
Usually, selling appreciated stock submits you to federal capital gains taxes. However, if these capital gains were acquired through investments in Qualified Small Business Stock, you would not be required to pay those same taxes (up to $10 million).
August 23, 2024
Donor-Advised Funds
In search of a strategy that combines tax benefits + charitable giving, all while still allowing you some control over your investments? A Donor-Advised Fund may be an option to consider.
July 26, 2024
Gifting Appreciated Assets to a Charitable Remainder Trust
Selling a highly appreciated asset and hoping to mitigate your tax bill? A Charitable Remainder Trust may be an option for you.
July 12, 2024
Welcome to Our Blog
Our blog is where we delve into tax strategy and explore its role in your financial planning, with the goal of demystifying complex tax concepts and showing how they integrate with sophisticated wealth management strategies.
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