Tax Planning

Taxes play a critical role in your financial plan, creating friction in your goals for building wealth, creating retirement income, and preserving assets. One’s wealth is not measured by the size of the account, but by the amount you can put to use after taxes, and in the flexibility with which you can access your wealth.

Our planning software recognizes the tax treatment of most elements of your financial world – earned income, investment income, capital gains, Social Security taxation, annuities with exclusion ratios, taxable, tax-free, etc. – and calculates the projected impact of taxes on every withdrawal, transaction, and charitable gift.

We can help you optimize your assets, your “asset allocation,” your income, your giving activities, and your legacy intentions to make the most efficient use of your financial resources so they can provide the most meaningful impact.


Proactive Tax Preparation

A common concern that we've heard at Mallery Financial is that tax preparers are not providing proactive help in tax planning. The tax preparer – the person who has the most intimate knowledge of your tax situation – typically records what happened last year, shows you the outcome, and waits for you to provide information again next year. We hear that proactive tax planning is persistently lacking in the experience of many people.

For that reason, Stephen Mallery opened a tax preparation business to help you accomplish two things: 1) get your taxes done, accurately, on time, and affordably, and 2) gain a direct interface between the tax specialist and the financial planner for insight into how to structure income and assets for better tax outcomes. Mallery has partnered with a network of skilled tax professionals with a bent toward proactive tax planning. 

This material is intended to provide general financial education and is not written or intended as tax or legal advice and may not be relied upon for purposes of avoiding any Federal tax penalties.  Individuals are encouraged to seek advice from their own tax or legal counsel.  Individuals involved in the estate planning process should work with an estate planning team, including their own personal legal or tax counsel.  This material is for informational purposes only and is not an offer to sell or a solicitation to buy any securities.