Tax planning is a fundamental and often times an overlooked area of financial planning. With the recent changes to the tax code, an effective taxation strategy should take into consideration the tax implications of individual, investment, or business decisions. We will work with your tax advisors to help create a financial plan that mitigates tax liability through:
The creation, and management of tax mindful portfolios
Tax loss harvesting
Tax deferred investing
Management of trust held investments
Given the rising interest rate environment, investors with high tax sensitivity are encouraged to involve their tax advisors during the financial planning process.
Samra Wealth Management is not a tax advisor. All decisions regarding the tax implications of your investments should be made in consultation with your independent tax advisor. Samra Wealth Management does not provide tax or legal advice. We will work with your independent tax/legal advisor to help create a plan tailored to your specific needs. This material is not intended to replace the advice of a qualified tax advisor, attorney, and accountant or insurance advisor. Consultation with the appropriate professional should be done before any financial commitments regarding the issues related to the situation are made. The material contained herein is for informational purposes only and does not constitute tax advice. Investors should consult with their own tax advisor or attorney with regard to their personal tax situation. A portion of income may be subject to State and local taxes.