Effective tax planning is a challenging task. Our tax advisors support your long-term wealth management goals and make sure that you pay no more tax than the law requires.
To ensure effective tax planning services, our experts keep a vigil eye on the tax law that could affect you and recommend tax-saving strategies. Our advisors will prepare your tax returns and act as your advocate in tax-related matters.
In a nutshell, our tax planning strategies are:
- Splitting income: Our experts split income among several legal entities to get more of the income taxed in lower brackets.
- Income shifting: We also shift income from one financial year to another where it will be taxed at the lower rate.
- Shifting deductions: Our tax advisors shift deductions from one year to another to place them where the tax benefit will be greater.
- Deferring tax liability: We also defer tax liability through certain investment choices and through pension plan contributions.