Tax Saving Strategies
Learn more about AOG Wealth's tax mitigation services in Northern Virginia which includes minimizing the impact of taxes through tax saving strategies. Read more and contact us today!
Whether you are looking for efficient tax strategies to reduce your tax burden, repositioning your retirement funds to be less volatile, or utilizing more robust benefit plans to maximize pre-tax investments for you and/or your company, AOG is committed to maintaining the highest standards of integrity and professionalism by providing a high value proposition and superior personal service.
What Is Tax Mitigation?
Tax mitigation is conduct which reduces tax liabilities without “tax avoidance” (not contrary to the intention of Congress), for instance, by gifts to charity or investments in certain assets which qualify for tax relief. AOG Wealth Management helps clients minimize the impact of taxes through tax saving strategies.
Our Tax Strategies For Clients
We offer assistance with the following types of tax mitigation strategies:
Gain/Loss Harvesting: We take on a personalized approach when reviewing all of your holdings, including purchase dates of each security, in search for opportunities designed to reduce the impact of taxes on your investments.
Cash Balance Pension Plan/401k: Small business employers can use these tax-efficient retirement savings vehicles as another source of retirement funds while reducing current tax liability.
Roth Conversion: When beneficial to your portfolio, we initiate Roth IRA conversions so that you turn a traditional IRA into a Roth IRA. There’s no upfront tax break with a Roth IRA, but contributions and earnings grow tax-free.
Opportunity Zones: Qualified Opportunity Zones allow you to defer capital gains taxes while investing in the economic development of distressed areas within the US.
Land Development/Conservation Easement: Conservation easements provide tax and economic benefits to individual investors while protecting land and its conservation value for future generations.
Oil & Gas Drilling: Diverse your portfolio and take advantage of oil and gas commodities while adding monthly income and participating in lucrative tax breaks.
1031 Exchange: We can guide you through the process of what to do with the proceeds from the sale of your home through the process of a 1031 tax-deferred exchange.
721 UPREIT Exchange: If you are a property owner and you’re looking to exchange your property for share ownership in an UPREIT (umbrella partnership real estate investment trust) we can help. You can defer your capital gains taxes by reinvesting in an alternative
real estate trust investment.
1035 Life Insurance/Annuity Exchange: We assist investors in transferring an existing annuity contract, life insurance policy, long-term care product to a tax-free investment of like kind.
Our Tax Mitigation Process
We customize tax mitigation strategies based on our client’s individual needs. No two clients are alike and require the utmost planning. Contact us to see if our tax mitigation strategies are right for you.
Contact Our Reston, VA Office Today!
DISCLAIMER:
AOG Wealth Management is a Registered Investment Adviser (RIA). Registration as an adviser does not connote a specific level of skill or training. More detail, including form ADV Part 2A filed with the SEC, can be found at AOGWealth.com. Nothing contained in this commentary is intended to constitute personalized legal, tax, accounting, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The asset classes and/or investment strategies described may not be suitable for all investors and investors should consult with an investment advisor to determine the appropriate investment strategy. Information obtained from third party sources are believed to be reliable but not guaranteed. All opinions and views constitute our judgments as of the date of writing and are subject to change at any time without notice. No consideration or compensation has been received from any firm referenced in the above commentary.