Tax Services
Strategies for a Lifetime
As you accumulate wealth, understanding how taxes will impact your finances is critical to achieving your goals.
We use our in-depth expertise to minimize your tax liability and create a long-term tax plan that integrates into your overall financial picture. At the center of your tax plan is coordination with the other components of your financial life. Achieving the best financial result requires integration of tax strategies with your financial goals and investment strategy. Our team of experts from each discipline guides you at every decision point along the way.
Tax Planning and Filing
Effective tax planning allows you to keep more of what you’ve earned. Your plan includes both near-term and long-term strategies designed to maximize your after-tax returns. We believe tax services should be proactive and continue to have resources allocated to ongoing planning.
Bracket Management
Our planning strategies identify different approaches based on your earning stage and whether you’re having a high-income year versus a transitional or lower-income year. We consider tax bracket management, the method of either raising or reducing income to smooth out peaks and valleys and take advantage of more favorable tax rates. This can maximize after-tax results over the course of a lifetime.
Retirement Draw-down Strategies
We also help you determine which accounts to draw from during retirement. This kind of big-picture planning allows you to plan accordingly for potential quarterly tax payments.
Year-end Planning
We offer year-end planning to consider any opportunities before the close of the year. Even for clients who have been with us for years, there may be one-time events that lead to unexpected planning opportunities. In addition, we review estimated and actual capital gain distributions for clients with taxable accounts. Capital gain distributions vary year by year and by fund.
Tax Law Changes
With tax reform and continual revisions to state and local tax rules, there are new and old planning opportunities. In this changing tax atmosphere, we’re watching for changes and regularly check our projections to see if any new strategies should be implemented sooner rather than later.
Tax Compliance
Annual tax compliance is required by law, but we continue to work on your behalf even after your tax return is filed. Rather than accept the result on your tax return, we actively seek opportunities for you to achieve your best tax outcome.
Coordination With Your Financial Plan and Investments
As we construct your long-term tax plan, we work closely with your investment and financial planning professionals to ensure your plan is coordinated and tax-efficient. Our investment and tax professionals will review your asset allocation and asset location and make recommendations on changes to your portfolio, if necessary, to optimize your after-tax return.
Your Aldrich team will guide you with expert advice and integrated services to whatever degree of complexity your situation requires. We are your advisory team for life. Tax policies change rapidly so it’s our job to stay in front of the changes and advise you on the best path forward so you can achieve your financial goals.
All tax advice and tax-related work is performed by Aldrich CPAs + Advisors LLP, an affiliate of the Aldrich Group of Companies.
Client Success StorY
Step one
Tax Planning
Christine is a highly compensated corporate executive at a large, local firm. She initially came to us to discuss strategies for reducing her tax liability.
Step two
Tax Bracket Management
Through strategic tax planning, we were able to recommend a strategy that allowed her to defer a large portion of her compensation into her employer’s deferred compensation plan. Paired with a strategy for exercising specific stock option grants each year, this provided her with money for living expenses while also allowing her to carefully manage her tax bracket.
Step three
Portfolio Management
A secondary benefit, the reduction in her concentrated stock ownership, in turn, reduced the volatility of her overall portfolio.
Meet Our Professionals
Director, Private Wealth Tax
Meghan Burton, CPA
Aldrich CPAs + Advisors LLP
Meghan Burton has two decades of experience providing strategic tax planning and compliance to high and ultra-high-net-worth individuals and privately held companies and their owners. Meghan received a Bachelor of Science in business administration with an emphasis in accounting from California State University, Long Beach.
Meghan's Specialization
- Certified Public Accountant
- High and ultra-high-net-worth individuals
- Strategic tax planning and compliance
Senior Associate, Private Wealth Tax
Emma-Anne Lonsford, CPA
Aldrich CPAs + Advisors LLP
Emma-Anne Lonsford joined Aldrich Wealth in 2023 as a Senior Tax Associate for the Private Wealth Tax Team. Despite only recently joining Aldrich Wealth, Emma-Anne has been with Aldrich CPAs + Advisors LLP since July 2020, first as an intern and then transitioning into a full-time employee. In her current role, Emma-Anne strives to provide… Read more Emma-Anne Lonsford, CPA
Emma-Anne's Specialization
- Individual and trust income taxation and planning
Senior Associate, Private Wealth Tax
Jennifer Howard
Aldrich CPAs + Advisors LLP
Jennifer has worked with Aldrich CPAs + Advisors over the course of the last three years but recently transitioned in early 2022 to Aldrich Wealth and joined the Private Wealth Tax team. Jennifer provides strategic tax planning for individuals with expertise in trusts and estates and tax compliance. She is passionate about the tax planning… Read more Jennifer Howard
Jennifer 's Specialization
- Individuals
- Trusts and estates
- Tax planning and compliance
