Tax Planning

Taxes represent one of the largest expenses most families face, yet effective tax planning is often overlooked until April approaches. At Strive Financial, we take a proactive, year-round approach to tax planning, working alongside trusted CPA partners to help you keep more of what you earn.

Strategic tax planning goes far beyond basic tax preparation. While filing your return accurately is important, real value comes from anticipating tax implications throughout the year and implementing strategies that legally minimize your tax burden. Our forward-looking approach identifies opportunities that can save you thousands of dollars annually.

We collaborate with experienced CPA partners who bring specialized tax expertise to your financial strategy. Together, we help you optimize deductions and credits you might otherwise miss, from business expenses and charitable contributions to education credits and energy-efficient home improvements. Proper documentation and timing can significantly reduce your tax liability.

Income timing strategies help you control when you recognize income and incur deductions, potentially moving earnings into lower-tax years or accelerating deductions into high-income periods. This is particularly valuable for business owners, retirees, and anyone with variable income.

Entity and investment structure planning ensures your business and investments are organized tax-efficiently. The right entity structure—whether LLC, S-corp, or C-corp—can dramatically impact your tax situation. Similarly, locating investments in taxable versus tax-advantaged accounts, harvesting losses strategically, and optimizing capital gains treatment can preserve significantly more wealth over time.

Our integrated approach ensures your tax strategy aligns seamlessly with your overall financial plan, maximizing after-tax returns and helping you build wealth more efficiently.

Frequently Asked Questions

  • Because taxes can significantly impact your investment returns, retirement income, and estate value.  Smart planning helps you keep more of what you earn.

  • No. Tax preparation is filing your return once the year is over. Tax planning is proactive — making decisions throughout the year to reduce future tax liability.

  • Through strategies like Roth conversions, tax-efficient withdrawals, charitable gifting, and managing which accounts you draw from each year.

  • Yes — collaboration ensures all parts of your financial picture align and opportunities aren’t missed.