Tax Planning

Making the most out of your money starts with recognizing all the ways taxes can impact your financial future. Whether you’re focused on your own retirement, a loved one’s education or the best way to pass on your wealth to your heirs, any sound, forward-looking plan to maximize your wealth needs to take into account taxes' bite.

Strategies for Tax Planning

Making the most out of our clients’ money starts with recognizing all the ways taxes can impact their financial future. Whether they’re focused on their retirement income, a business transaction or the best way to pass on their wealth to their heirs and favorite charities, understanding and efficiently managing any associated taxes are an important part of the process.

While we do not prepare taxes on our clients' behalf, we do have in-house experts who can provide the following solutions and strategies:

Tax Mitigation
Tax Return Review
Transaction Tax Analysis
Tax Deferral Strategies
Cash Flow and Required Minimum Distribution (RMD) Planning
Charitable Giving Strategies
Wealth Transfer Including Trust, Estate, and Gift Tax Planning
Legislative Updates
Asset Location Analysis

Tax Return Review

One of the complimentary services available through our team is a Tax Return Review. While Baird does not prepare tax returns and is not a legal or tax services provider, our team can review your tax return and ensure the decisions we make together are as proactive and tax-efficient as possible.

Here’s just some of what our Tax Return Review can do for you:

Uncover opportunities to create a more tax-efficient portfolio
Optimize your Social Security, Medicare and retirement distribution strategies
Review any existing capital gains and tax loss harvesting plans
Identify ways to proactively collaborate with your CPA and other advisors
Best of all, the Tax Return Review requires minimal effort on your part. Simply complete your tax return as you normally would and send us a copy for review – we will take care of the rest. You have many options to choose from when sending your return:

Transfer your files securely via Baird Online‘s Document Exchange. You can find Document Exchange under the Documents tab.
Mail a copy to our office. We recommend delivering them directly to the post office rather than leaving them in your mailbox.
Drop off a copy at our office during regular business hours.
There is a tax angle to every financial strategy you consider, and understanding the impact of taxes is crucial to making the best decisions for you. If you have questions about the benefits or process of the Tax Return Review, please don’t hesitate to give our team a call.