Our services.
Tax Mitigation.
Taxes can be a burden on your finances, we understand that. GoalVest is here to help alleviate that burden. So, we coordinate with CPAs and strategize with our clients to reduce their tax bill. In doing so, we explore various methods to optimize their investments and minimize their tax liabilities. These strategies may include tax loss harvesting, asset location, distribution strategies, and managing required minimum distributions. Our objective is to ensure that our clients' investments are optimized while reducing their overall tax burden in alignment with the advice and preferences of their accountants.
Terms Defined:
Tax loss harvesting- a strategy to reduce capital gains taxes owed from selling investments at a loss.
Asset location- a strategy that puts certain assets in different types of accounts for the most favorable overall tax treatment
