Tax Planning
Many mainstream financial advisors boast on their ability to outperform the market, but most fail to do so. Our markets are increasingly efficient, and the Global Economy is unifying. Due to these factors, investors should seek additional means of portfolio construction instead of relying on traditional asset allocation. Wave Wealth can create tax-efficient portfolios in a tax-inefficient environment.
Tax Location
The location of your holdings is crucial. The correct placement of various investments can make significant impacts on the after-tax return of a portfolio. As expert tax advisors, we can show you the best way to improve your after-tax return.
Gain & Loss Harvesting
The Internal Revenue Code is extremely complex. Income, deductions, credits, and taxation can take many different forms. It is important to monitor these items throughout the year to ensure that there are no surprises when you provide your tax documents each spring. Actions can be taken to minimize the tax on investment income, and, in some cases, reduce your earned income through strategic tax planning.
Entrepreneurs
Creating and managing a business is a daunting task, but it provides a multitude of opportunities for tax planning that do not exist for other taxpayers. There are strategies available to business owners that can substantially reduce their tax burden, without affecting cash flow or assets.