Proper tax planning can be a powerful element in protecting and building your wealth.
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There are certain tax breaks that usually only the wealthy employ, and then there are the tax breaks that aren’t tax
breaks and are actually illegal. Financial planning can help identify
the impact that taxes will have on you in the future. While we can’t
predict tax increases or decreases, we will have a good idea of how to
minimize the taxes you pay, both now and in the future.
There are a number of different tax-exempt and tax-deferred
investments you can buy that will help reduce your tax burden. Virtually all tax-exempt investments are free from federal income tax,
and many are exempt from state and local income taxes when purchased by residents of those states.