How We'll Work With You
In a rapidly evolving tax environment, it can be difficult to remain up to date on all regulatory issues. However, a tax planning mistake can cost thousands of dollars over time. At Keen Wealth Advisors, located in Overland Park, Kansas, our experienced professionals will work with you to help ensure that your tax strategy is operating in an effective manner, and that it is constantly updated as regulations and your personal situation evolve.
Our efficient tax strategy portfolios can be incorporated into your customized retirement plan in order to help you achieve your long-term goals.
Tax Planning vs. Tax Preparation
In most cases, your CPA uses all the year-end tax info you’ll be collecting from your employer and financial institutions. What we’re talking about are having tax planning discussions that you need to have with your fiduciary advisor and CPA before December 31. These are adjustments to your portfolio and investments that could potentially influence the numbers that your CPA will be working with early next year.
We’re always happy to “quarterback” our clients’ tax planning and prep by coordinating with a CPA. And if you’re not currently working with a tax professional, we can help you find one.
It’s especially important you schedule a meeting this year so that we can analyze how the new tax laws could affect your tax picture.
Some of the tax planning opportunities we review include:
Individuals and working couples should review their tax withholdings annually to help avoid surprises at tax time.
Retirement account owners should review required minimum distribution (RMD) obligations and related charitable giving strategies, including qualified charitable distributions (QCDs), as part of their year-end tax planning.
In taxable investment accounts, it is important to review holdings for potential tax-loss harvesting opportunities.
IRA planning conversations should align with your long-term financial goals and overall tax strategy.
Many tax-planning opportunities are time-sensitive, and once year-end deadlines pass, the IRS generally does not allow retroactive adjustments.
Why choose to work with Keen Wealth Advisors?
You have lots of options when it comes to selecting a wealth advisor. We believe Keen Wealth Advisors is different. Our firm was founded with a simple mission – to help clients achieve the retirement of their dreams. Everything we do is focused on achieving this mission. We call it The Keen Wealth AdvantageTM.