Plan Before It's
Time To File.
Tax Planning in Morris County, NJ
Many of the decisions that affect your taxes happen months before your return is prepared. Tax planning gives us an opportunity to look ahead, understand what's changing, and discuss potential tax consequences while there may still be time to act.
Good tax planning happens throughout the year
A tax return primarily tells us what already happened.
Tax planning asks a different question: What can we do now?
Planning Situations
Income Changes
Retirement
Self-Employment & Small Business
Investments
Major Life Events
Charitable Giving & Estate Considerations
December can matter as much as April.
Once December 31 passes, some planning opportunities for that tax year may no longer be available. We encourage clients with changing or more complex circumstances to consider a year-end planning conversation before filing season begins.
Year-End Planning
Tax Planning & Your Broader Financial Life
Sometimes the tax question is really a financial-planning question.
For clients whose needs extend beyond tax planning, comprehensive financial planning and investment management are available separately through DiMaio Private Wealth.