Income Tax Planning Services

As time goes on and your wealth increases, income tax planning becomes increasingly sophisticated and nuanced, requiring the expertise of knowledgeable professionals.

Headquartered in Salt Lake City, Utah, the personable and experienced financial advisors here at TrueNorth Wealth are specialists in reducing taxes. We do not prepare the tax return, but we do thoroughly go through all of the material and give it a second look to ensure that you are minimizing your tax burden as much as possible. Our tax responsibilities are interwoven into the financial fabric of our daily lives, and understanding the nuances and those interrelationships is vital to giving wise counsel about how best to meet one’s prudent tax liabilities and nothing more.

TrueNorth Wealth provides fee-only financial services for the communities of Salt Lake County, Utah, helping their clients achieve financial freedom without interference from the ulterior motives that can come with commission-based and fee-based firms. Continue reading to learn more about how our income tax planning services can help you achieve your family’s financial goals.

Why Should I Consider Income Tax Planning?

When it comes to procrastinating, one of the most common forms found throughout the U.S. is that of income taxes. At TrueNorth Wealth, we love it when clients express how good it feels to have professionals take over the planning and preparation needed to achieve the best results each income tax season. Your finances are yours, and because we are fee-only and receive no commissions, our advice is always given with your best interest in mind.

Further, because of the frequent complications that can come with filing income taxes as your personal wealth grows, having a team of experts handle your yearly filing can be a tremendous relief. Not only will you feel secure knowing that your finances are in good hands, but you will also save yourself the stress of doing your own calculations, giving you the time you need to focus on the bigger things.

Income Tax Planning in Salt Lake County, Utah

Deciding to whom to entrust your income tax planning can be stressful. When you work with TrueNorth Wealth, you will find that your financial advisor is nearby and easily accessible, giving you the peace of mind you need when it comes to planning your financial future. 

TrueNorth Wealth provides numerous services to help you with your income tax planning, including, but not limited to:

  • Annually reviewing your tax returns to maximize tax reduction strategies according to your needs.

  • Regularly reviewing your tax situation and planning ahead for new tax laws that could affect your finances.

  • Coordinating charitable, in-kind contributions.

  • Effectively leveraging tax lot harvesting, tax lot accounting, and tax-aware trading.

  • Recommending tax solutions, including tax-advantaged investment solutions.

Start Your Future with TrueNorth Wealth 

At TrueNorth Wealth, everything that we’re about starts with you: the client. As a fee-only business serving Salt Lake County, Utah, we do not engage in commission-based or fee-based compensation, helping ensure that your interests are our sole priority. If you would like to learn more about what we can do for your financial future, don't hesitate to call our friendly financial advisors today.

Talk about income tax planning today.