Income Tax Planning

Income Tax Planning Services

A Tax-Focused Strategy

Many advisors overlook the tax implications of their recommendations, missing valuable
opportunities to reduce your tax burden. Our tax-focused approach goes beyond the basics to help
you make the most of every dollar.

Helping You Pay Fewer Taxes

While we don’t prepare your taxes, we work alongside you to leverage proactive tax optimization strategies. From managing capital gains to leveraging tax-advantaged accounts, we make sure your financial strategy is as tax-efficient as possible.

Strategies to Grow Your Wealth and Reduce Taxes

We work closely with you to identify opportunities that maximize your wealth and minimize your tax burden over your lifetime. Here’s how we can help:

Maximizing Tax Efficiency

We review your tax returns as needed to identify strategies that can help reduce your tax burden over your lifetime, keeping more of your wealth working for you.

Proactive Tax Planning

Your tax situation is regularly assessed to anticipate changes in tax laws and uncover opportunities to optimize your financial strategy before they arise.

Smart Charitable Giving

We help you coordinate charitable contributions – including in-kind donations – to ensure they are both tax-efficient and aligned with your values and goals.

Tax-Efficient Investment Management

Through strategies like tax loss harvesting, tax lot accounting, and tax-aware trading, we work to minimize capital gains taxes and enhance the performance of your investments.

Leveraging Tax-Advantaged Accounts

We help you maximize the benefits of accounts like health savings accounts, IRAs, Roth IRAs, and 401 (k)s to improve tax efficiency while staying on track with your financial goals.

Business Tax Strategies

For entrepreneurs and small business owners, we evaluate your business structure and operations to uncover tax-saving opportunities that align with your broader financial plan.

Collaborating with Your CPA

We work seamlessly with your tax preparer to ensure your tax strategy is fully integrated with your overall financial plan, creating a cohesive approach to managing your wealth.

Why Choose TrueNorth Wealth?

Fee-Only
Advisors

No commissions means we’re only
focused on making the very best
decisions for you and your goals.

Legal
Fiduciaries

Not only do we WANT to act in your
best interest; as fiduciaries, we are
legally obligated to do so.

Comprehensive
Services

We’re here to help with every
aspect of your financial life – and
make sure it’s all working together
effectively.

Research-based
Investments

Our investment decisions are
informed by evidence-based
research, proven to optimize your
chance of success.

Active
Support

Financial plans get stale quickly –
TrueNorth works with you
throughout the year to stay on top
of your finances.

Ease of
Transfer

Our best-in-class transfer team will
help you every step of the way,
making the move to TrueNorth
Wealth as painless as possible.

Tax
Savings

We’re focused on tax savings,
helping you pay fewer taxes over
your lifetime.

Always
Available

We’re always here for our clients –
for every tough financial decision –
for every question. Always.

No Forced
Commitment

Our clients stay with us because of
the value they’ve received – not
because they are locked into a
contract.

Learn What Makes Us Different