Tax Planning
Take Control of Your Tax Future
Taxes can be one of the biggest obstacles to enjoying a comfortable retirement and preserving your legacy.
Keep more of what you’ve earned
Tax laws change, your sources of income shift, and what worked during your working years may not be optimal in retirement. Without a thoughtful tax plan, you could pay more than necessary or miss out on valuable opportunities to save.
Some of the most common “tax gotchas” in retirement include:
- Unexpected taxes on Social Security benefits
- Required minimum distributions (RMDs) from IRAs and 401(k)s
- The impact of SALT (State and Local Tax) deduction limits
- Capital gains from selling investments or real estate
- The effects of the latest tax law changes on your estate and charitable giving
Our Approach
Personal, proactive, and ongoing.
We get to understand you and your goals
We listen to your story, your needs, and your dreams for the future. We’ll review your income sources, investments, charitable giving, and family situation to create a tax plan that works for you.
We design a plan that works for you
Our team coordinates with experienced CPAs and uses advanced tax planning tools to identify strategies that minimize your tax burden—now and in the years ahead. We explain your options in plain language and help you make smart, informed decisions.
We implement and maintain the plan ongoing
Tax planning isn’t a one-time event. We monitor changes in tax laws and your personal situation, making adjustments as needed so your plan always reflects your best interests.
Key Tax Planning Strategies We Use
Personal, proactive, and ongoing—tailored to your goals.
Managing Retirement Income
We help you coordinate withdrawals from IRAs, 401(k)s, and other accounts to minimize taxes and avoid costly Required Minimum Distribution (RMD) mistakes.
Social Security Tax Optimization
We show how the timing of Social Security benefits and other income affects your tax bill— and strategies to keep more in your pocket.
Charitable Giving
Maximize impact and deductions whether donating cash, appreciated assets, or making Qualified Charitable Distributions (QCDs) from your IRA.
Year-End Tax Strategies
We review your situation before year-end to identify moves like tax-loss harvesting, Roth conversions, or strategic gifts to family or charity.
Estate & Legacy Planning
We coordinate your tax plan with your estate plan to help reduce estate taxes, avoid probate, and ensure your legacy is passed on efficiently.
Staying Ahead of Tax Law Changes
We keep you informed about new rules—like the Tax Cuts and Jobs Act, SALT deduction changes, and retirement account updates—so you’re never caught off guard.
Common Tax Planning Questions
Quick answers to help you keep more of what you’ve earned—especially in retirement.
“How can I avoid surprises on my tax return in retirement?”
“It’s just too depressing to think about.”
“Should I consult my CPA before year-end?”
How to Get Started
Three easy steps to a smarter, more tax-efficient retirement plan.
Gather your tax documents and financial statements.
Recent returns, IRA/401(k) statements, brokerage reports, Social Security info, and any pension/annuity details.
Book a free, friendly consultation with David at MoneyWorks Group.
We’ll discuss your goals, concerns, and the best windows for tax savings this year and beyond.
We’ll create a personalized tax plan just for you.
We’ll review your current situation, answer your questions, and map specific next steps to reduce surprises.
What Our Clients Say
I always thought estate planning was only for the wealthy, but this made it so easy and affordable. Now I know my family will be taken care of, and I feel such peace of mind.
Having everything organized and stored in one place is a huge relief. I wish I’d done this sooner.