Tax and Financial Advisors in Denver

We provide a team approach that provides both the benefits of multiple perspectives as well as a tailored approach designed to meet our client's specific needs. Some of the tax planning services we provide include:

INVESTMENT SELECTION

Not all investments are created equal when it comes to tax efficiency. Dodds Wealth will review the tax efficiency of various investments in order to ensure the optimization of after-tax returns.

LONG TERM INVESTING

Because the long-term capital gains rate is lower than that of short-term capital gains, you will pay a lower tax rate on your profit if you hold on to your investment for at least a year. We recommend long-term investments in order to assist avoiding tax consequences.

TAXABLE VS. TAX-DEFERRED/TAX-EXEMPT ACCOUNTS

Tax deferred accounts are not taxed until funds are withdrawn, and tax-exempt accounts allow for tax-free distribution and gains. Another way to assist our clients in avoiding tax consequences is by recommending those tax-efficient investments be made through their taxable accounts and investments that are less tax-efficient be made in a tax-deferred or tax-exempt account.

TAX-LOSS HARVESTING

Our strategy of using tax losses to offset taxable gains helps to allow our clients to benefit from tax losses. We attempt to maintain optimal asset allocation by replacing the sold security with a similar one.

It is important for your investments to be tax-efficient for a couple of reasons. First, the money you pay in taxes is money that is no longer of any benefit to you. Additionally, money that isn't invested isn't providing you with the same benefits of growth. Tax and investment decisions are often complicated and anxiety-producing. Entrusting a knowledgeable financial advisor who has experience in tax planning services is a way to make the most of your investments while avoiding the tax consequences that take money out of your hands.

The Benefits of an Experienced Financial Advisor in Your Area

When choosing a financial advisor, many are tempted to go with a large company who handles their clients' tax strategy online. We prefer the personalized approach that being a local tax advisor provides. At Dodds Wealth, our tax and financial advisors in Denver possess knowledge of the local tax requirements and understanding for this area in which you live, earn, and invest that someone from another state or country cannot easily provide. As tax planning advisors in Denver, we are nearby and available to meet with you, to answer your questions, and to earn your trust.

How to Become a Client

From our first meeting, we will begin getting to know you and understanding your expectations of the tax investing process. After you and our team determine that we are a good fit for your needs, we will develop a financial plan that takes into consideration your existing investments, estate plan, and insurance plan and helps move you toward your financial goals. Over the next few weeks, we will assist you in transferring any current investment accounts that you would like us to manage. Finally, our relationship will continue to grow as we provide you with access to information, recommendations, and regular updates to ensure that your plan is performing as intended.

Contact our Financial Advisors in Denver

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This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

A fiduciary financial advisor has a fiduciary duty to their clients when they enter into an Advisory relationship. When providing brokerage only services, representative may only have the obligation to act under the Best Interest standard of the client.