Simplify Your Tax Situation

The U.S. federal tax system is incredibly complex and can cause a major headache having to decipher what tax statutes and regulations matter to you. In a recent poll by the Pew Research Center, 72% of Americans are “bothered” by the complexity of the U.S. tax system. Thus, almost inevitably, tax preparation can be a major pain point for many taxpayers. Our tax preparation services in Denver, aim to alleviate that stress in order to simplify your tax situation and improve it.

Why Is Tax Planning Important?

Your current and future tax liabilities can change with every financial decision you make. As you save for retirement and invest, taxes can be one of your largest expenses. Optimizing the management and allocation of assets between account types whenever possible, such as taxable, qualified or charitable accounts are effective strategies to reduce taxes. Smart tax planning is integral to optimizing the portfolio design and investment strategies for all of our wealth management clients.

Tax Planning Services

At Dechtman Wealth Management, we help guide our clients in the Denver area through a full range of tax planning strategies. Our strategies are designed to help you minimize your tax liabilities, maximize your cash flow, and keep you on track to reach your financial goals.

We provide unique blueprints tailored to each client’s needs where we emphasize the importance of tax efficient planning. Some tax efficient planning considerations include:

  • Tax deferred accounts (i.e. traditional IRAs, pension plans, 401ks, annuities, etc.)
  • Tax-free accounts (i.e. Roth IRAs, 529 savings plans, etc.)
  • Taxable accounts (i.e. bank accounts, mutual funds, etc.)

Additionally, our Denver tax preparation services can increase your tax efficiency through the careful consideration of investment strategies with a disciplined approach to buy and sell decisions. We also employ a sophisticated approach to charitable giving, such as donating appreciated securities, trust planning, utilizing tax credits, minimizing capital gains, maximizing deductions, and taking advantage of income deferral strategies. These are just a few of the approaches designed to help you reduce your tax liability.

Tax Saving Strategies — What You Can Start Doing

In addition to offering tax preparation services, Dechtman Wealth Management understands tax saving strategies and what you can do to take advantage of them. Some actions, such as investing in municipal bonds, maxing out retirement accounts, and using an HSA, can really prove handy come tax time. Let our tax professionals in Denver guide you through tax preparation and saving strategies today.

How We Can Help

The recent changes to the tax code in 2017 have created many new opportunities as we are in the midst of one of the most tax friendly environments we have seen in the past 30 years. Take advantage of our wealth of experience and expert tax preparation services and analysis to help you optimize financial opportunities that you may not have considered. By utilizing our Denver based firm, let us help you reach your financial goals. We welcome the opportunity to visit with you and discuss your tax planning strategy.