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WHY THIS MAD DASH TOWARD TAX DAY?

  
White Paper Explores Value of Tax Alpha: How to Add Measurable Value with Tax-Focused Financial Planning

Published through the Alliance of Comprehensive Planners
Authors: Jonathan Heller, CFP®, CFA, MBA, KEJ Financial Advisors  and Robert Walsh, CPA/PFS, CFP®, CRPC®, Lighthouse Financial Advisors

There is a certain madness in the mad dash toward April 15. The white paper, “Tax Alpha: How to Add Measurable Value with Tax-Focused Financial Planning”, considers how such planning uniquely informs and positions advisors and tax preparers to guide clients in all aspects of their financial decisions throughout the year – mitigating, if not eliminating, costly surprises come tax day.

With multiple real-world examples, the authors demonstrate that the short-sighted, often rear view, of taxes as a once-a-year task, rather than a pervasive feature of financial life, risks higher tax payments and delays financial independence.

The paper concludes that financial planners who advise on investments, retirement planning and education saving, but ignore tax planning can lead clients toward greater tax liability. Likewise, accountants and tax-preparers who limit their client services to filling out forms and making the best of the past year’s information, also limit their ability to reduce their clients' tax exposure. For both, the result is less client satisfaction, compromising long-term engagement.

This paper presents the comprehensive tax-focused financial planning model and its benefits to the client, tax preparer, and financial advisor.

The paper will be published on 1/23/17. Sign up to receive a copy.

For more information, or to speak with Mr. Heller and/or Mr. Walsh, contact:
Margee Herring, 910.233.2466, margeeherring@gmail.com  
Lori Lorusso, 910.769.1569, lori@acplanners.org
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