Income Tax Planning

Income Tax

We recognize the complex relationships between tax, retirement, estate planning and philanthropic interests. Before your Summit advisors make an intelligent and thoughtful recommendation for your tax plan, we take time to learn about our clients’ entire financial picture and goals.

Comprehensive Tax Planning is Far More than Income Tax Planning.

Each year your CPA provides guidance and sound income tax planning advice. Is he familiar with all of your long-term financial goals? Does he know how you plan to pay for college for your children? Has he presented options that will help you achieve your retirement objectives, and has he considered any charitable interests that can be advanced through comprehensive tax strategies?

As part of your overall financial plan your Summit advisor will review and evaluate your current tax planning efforts, and may recommend some better alternatives with a focus on reducing taxes and increasing cash flow. Implementing your plan, and coordinating your tax planning with your estate, retirement or business plans are key areas of our expertise.

Other Tax Planning options* that Summit considers include:

  • Tax efficient investment planning
  • Reducing Income Tax through Charitable giving
  • Tax efficient strategies for qualified plan distribution
  • Asset transfer techniques that focus on tax reductions
  • Using lower tax brackets to leverage personal needs

However, providing an immediate tax solution isn’t enough. We know that your circumstances will change. Therefore we offer the ongoing support you’ll need to make sure your overall Financial Plan stays focused on your goals, so you get the long-term results you desire.


* Please see disclaimer page