Tax Planning

Reducing the tax bite is a crucial part of your wealth management strategy.

As your success grows, so do your tax obligations. Opal Wealth Advisors serves as your expert guide to advantageous tax planning that’s fully integrated with your individualized financial roadmap. This may include things like recommending tax-efficient investments and using tax-advantaged accounts. Our goal is to keep your overall investment plans and goals moving forward while keeping tax bills to a minimum along the way.

Coordinate with Your Team

Careful timing of your income and expenses can reduce your tax liability—while inattentive timing can needlessly increase it. Working closely with your other advisors, we watch for potential tax impacts across your personal and business financial interests. That way, we can all work together to determine the best strategies for managing them.

Minimize Tax Liability Year-Round

Opal takes a year-round approach to tax planning. For instance, we act quickly to mitigate any tax code changes that could affect the progress of your financial plans. We also pay attention to opportunities that are unique to your personal or business situation. This diligence adds up to more money saved with fewer tax penalties.

Please Note: The scope of any financial planning and consulting services to be provided depends upon the terms of the engagement and specific requests and needs of the client. OWA does not serve as an attorney, accountant, or insurance agent. OWA does not prepare legal documents or tax returns, nor does it sell insurance products. If the client desires, one of OWA’s representatives, in their separate individual licensed capacities, can be engaged to be provide insurance sales/services as described on OWA’s written disclosure Brochure, per the terms and conditions of a separate engagement and fee.