Decrease Income Taxes Case Study

Overview

Eric and Pat are consistently paying income taxes on their investment portfolios, eroding their return.

Execution

PARTNERSINWEALTH evaluates all taxable investment accounts regardless of where they are held (Wells Fargo brokerage, Fidelity, Goldman Sachs, etc.) for tax efficiency. Every December, we evaluate the potential year-to-date taxes due from each investment.

 

Based on the above evaluation, PARTNERSINWEALTH then instructs brokers managing the accounts to sell the stocks or bonds we identified as showing a loss for tax purposes. The losses from the sales are used to offset the gains from other investments, thereby reducing or eliminating the taxes due.

Results

Erica and Pat consistently save money on income taxes and enjoy an increased after-tax investment return.

 

 

Client Since: 2000