Tax Planning

What is tax planning & why does it matter?

The single largest expense we experience related to our income and investments is taxation. That’s why it is critical for thoughtful financial advice to always be mindful of the impacts of taxes both now and in the future.

At Divvi, our goal is to keep your lifetime tax liability as low as possible to ensure you experience the maximum after-tax benefits of your income and savings. We seek to achieve this through thoughtful tax planning, which involves analyzing your tax return, anticipated impacts to future tax years and the taxation of your investments and investment accounts. There are a number of strategies we utilize to do this, several of which are listed below. Ultimately, the strategies we utilize for any client is unique to their situation.

Does Divvi provide tax advice?

No, we do not. Tax planning is different than tax preparation (usually done by your CPA or an online service like TurboTax) and tax advice, which is focused on keeping you compliant with what the government thinks you owe each year. Instead, we choose to partner with our client’s CPA and/or their tax professional to collaborate on tax planning concepts. This helps to ensure any proposed tax planning solutions Divvi may recommend are also vetted by you or your respected tax professional.