There should be three times per year when tax planning should be front and center of your overall wealth management plan; Beginning (January/February), middle (June/July), and the end of the year (November/December).
Planning at the beginning of the year should be focused on the following;
Once you have your initial tax and wealth planning strategy laid out for the year, June/July, provides for an ideal stopping point to check in on your progress;
The end of the year provides an opportunity to review your progress once again and allows for a small window for you to make any necessary changes.
For questions about any wealth planning, portfolio management, or tax-related topics, do not hesitate to contact me to find out what options may be best for your personal situation.