Comprehensive & Fee-only

Tax Planning

Proactive Tax Planning Aligned with Your Financial Goals

Taxes are a key consideration for business owners and high-income earners. At Harbor Horizon Financial, our tax planning services are designed to help you navigate complex tax laws and integrate tax considerations into your overall financial strategy. We work alongside your CPA and other trusted advisors, coordinating strategies, providing tax analyses, and, with your permission, sharing relevant documents such as 1099s, to create a cohesive team approach to your finances.

Rather than reacting only at tax filing season, we take a proactive approach, analyzing your financial situation year-round, anticipating tax obligations, and implementing strategies that align with your personal and business goals.

What is Tax Planning?

Tax planning is a proactive, year-round process that considers your entire financial picture. It involves reviewing current and future tax considerations and implementing strategies with a long-term, lifetime perspective in mind, in coordination with your broader advisory team.

Key components include:

-Income Tax Planning: Strategically timing income and deductions

-Business Tax Planning: Leveraging deductions, credits, and entity structures

-Retirement Tax Planning: Maximizing contributions to tax-advantaged retirement accounts while planning for future withdrawals

-Investment Tax Planning: Designing tax-efficient investment strategies that balance dividends, capital gains, and other income with your situation

-Estate & Gift Tax Planning: Structuring transfers of wealth efficiently to plan for estate taxes and protect your legacy

Why Tax Planning is Essential

Strategic tax planning ensures that your financial decisions are intentional and aligned with your broader objectives.

Proper planning:

-Supports cash flow and financial organization

-Provides clarity and confidence when evaluating financial choices

-Aligns tax strategies with retirement, estate, and wealth goals

Why Choose Harbor Horizon Financial?

Comprehensive Approach: We integrate tax planning into your broader financial and business strategy and work closely with your CPA and advisory team.

Personalized Solutions: Every plan is tailored to your income, business structure, investments, and goals.

Proactive Strategies: We don’t just react at tax time; we plan ahead to manage tax considerations throughout the year

Expert Guidance: With experience in business exit planning, wealth management, and retirement, we understand how taxes intersect with all areas of your financial life.

Take a proactive, team-oriented approach to tax planning and ensure your financial decisions align with your long-term goals. Contact Harbor Horizon Financial today to schedule a personalized consultation.

What’s the difference between tax preparation and tax planning?

Tax prep is what your CPA does in March-April filing last year’s numbers. Tax planning is what we do year-round to shape your future. It’s about timing income, optimizing deductions, managing investments, and aligning your strategy with the big picture. Examples of these strategies are capital gains harvesting, Roth conversions, charitable gifting strategies, and estate planning strategies.

Why should my financial advisor be involved in tax planning?

Taxes touch everything: investments, retirement, business decisions, and even estate planning. We spend more time helping to help connect the dots and coordinate with your CPA so your financial moves are tax-smart from the start.

Do you replace my CPA?

Nope. We partner with your CPA. You want your advisor and CPA rowing in the same direction. We handle the strategy and big-picture coordination, your CPA handles the filings. Together, we create a more proactive, cohesive plan.

Can you help with tax strategies for my business?

Absolutely. We’ll help evaluate your entity structure, track deductions, discuss salary/distributions, and plan around revenue spikes or slowdowns. We also help coordinate exit strategies in advance to plan for the tax hit when it’s time to sell or step away.

How does tax planning factor into my investment strategy?

Big time. We look at where your investments live (taxable, tax-deferred, Roth), manage capital gains and dividends, and use techniques like tax-loss harvesting.

What are some smart tax moves for retirement planning?

Roth conversions, withdrawal sequencing, and timing distributions across different income brackets. We spend more time diving into your situation to find the strategy that helps you get closer to your goals, whether that means early retirement, more freedom, more travel, or more time with the family.

Can you plan for estate and gift taxes too?

Yes. Especially if you’re an Oregon resident where we have a $1 million estate tax exemption. We’ll explore gifting strategies, trusts, and other tools to transfer wealth efficiently and plan for the tax burden on your heirs.

When should I start tax planning?

The best tax strategies need time and coordination. They’re most effective when implemented before year-end or big life changes. We help you stay ahead of the curve, not scrambling after the fact.

Harbor Horizon Financial, LLC provides financial planning and guidance. We do not provide legal or tax advice. Tax planning involves complex laws, regulations, and strategies; please consult with your CPA, attorney, or other qualified tax professional for guidance specific to your situation