Tax Planning Strategies

Why Tax Planning Is Critical

A proactive approach to preserving your wealth

Effective tax planning is one of the most powerful ways to improve your financial outcomes over time. At Destination Wealth Advisors, we help you avoid surprises and identify opportunities to minimize taxes—now and in the future. Our work isn’t about filing returns; it’s about building tax-smart strategies into every part of your financial life. Whether you’re preparing for retirement, managing a business, or planning your estate, tax efficiency plays a key role in achieving your goals.

How We Help with Tax Planning

Integrated strategies that evolve with your needs

We coordinate with your CPA or tax attorney to help ensure your financial plan accounts for tax implications every step of the way. From asset location strategies to timing income and deductions, we look at both short- and long-term opportunities. As laws change or your financial situation evolves, we help adjust your strategy to reduce unnecessary tax exposure while aligning with your broader financial priorities.

What’s Included in Our Tax Planning Support

Common areas we help you evaluate and optimize

Tax planning varies by client—but here are some of the core areas we often help address:

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Retirement Account Strategies

We advise on contribution types, Roth conversions, and required minimum distributions (RMDs).

Investment Tax Efficiency

We review tax loss harvesting, asset location, and capital gains strategies.

Charitable Giving Options

We help evaluate donor-advised funds, qualified charitable distributions (QCDs), and other giving techniques.

Small Business Tax Coordination

We assist in aligning business cash flow and compensation strategies with personal planning.

Estate & Gifting Strategies

We help structure tax-efficient transfers to heirs or charitable causes, in coordination with estate planning.

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Frequently Asked Questions

  • Do financial advisors provide tax planning or just tax prep?

    Financial advisors like us don’t prepare tax returns, but we do provide year-round tax planning support. That includes helping you anticipate how financial decisions affect your taxes and coordinating with your CPA to align your financial and tax strategies. It’s a proactive—not reactive—approach.

  • How can tax planning improve my investment results?

    Strategic tax planning can help reduce the amount you owe on investment gains, dividends, and interest. We can help with decisions about which accounts to use, when to sell investments, and how to balance your portfolio for tax efficiency—especially important over long time horizons.

  • Is tax planning just for high earners?

    No, tax planning is valuable at every income level. Even middle-income families can benefit from smarter strategies around retirement contributions, charitable giving, education savings, and more. Our goal is to help every client keep more of what they earn and grow.

  • How do you work with my CPA or tax professional?

    We’re happy to coordinate directly with your accountant or tax attorney to ensure all parts of your plan are aligned. That includes sharing reports, flagging opportunities or deadlines, and discussing upcoming financial decisions that may affect your taxes.

  • What if tax laws change?

    We monitor changes in tax legislation and adjust your strategy accordingly. If an update affects your retirement plan, investment strategy, or estate plan, we’ll discuss how to adapt—and work with your tax professional to make sure everything stays on track.