Forensic Accountant | Retirement Planning
Gary Kaplan can help you with structuring events that make the most sense for your IRS and Maryland tax planning needs. There will probably be financial highs and lows throughout your life. It could be a phenomenal year in business or pending bankruptcy, selling great investments or the ones that don’t turn out as well, coming into an unexpected great sum of money or facing an unexpected lawsuit in Maryland –Maryland tax planning can be used to your overall greatest advantage.
Few decisions are more sensitive than planning what will happen to your personal wealth upon your own retirement or death. The timing of retirement account distributions can have a material impact on your taxes, and the taxes of your heirs. When it comes to estate planning, we recognize how all the people and interests you care for can be a source of conflict when trying to do the right thing for everyone. Gary Kaplan will work with your attorney to ensure your wishes and goals are accomplished in the most tax efficient way. He can analyze estate and income tax aspects of wills, the use of various trusts, charitable planning, and the use of life insurance & other available tools as part of your plan.
IRS and Maryland tax planning typically involves a combination of deferring income and/or accelerating deductions. The goal is to minimize overall tax liability and maximize the time value of money. Many current provisions such as low capital gains tax rates, the high estate exclusion & low rates for estate taxes are scheduled to expire at the end of 2012. The next few years may produce major tax legislation; strategizing when there might be a significant shift in tax policy will require the use of trustworthy expertise. Gary Kaplan devotes an exceptional amount of time keeping up-to-date on new regulations, what effect they have, and what adjustments you may need to make on your complete IRS or Maryland tax planning.
We provide a FREE initial consultation to every client. Give us a call at 1 (866) 643-3560 or fill out our FREE consultation form. We will contact you within 24 hours.
