1. They both require planning.
You’ve probably never thought about it quite this way, but just like a vacation, maximizing the tax benefits you are entitled to requires some advance planning.
2. The best months to plan are May, June, and July.
Although it may seem counter-intuitive at first, removing the pressures and deadlines of tax filing season translates to more focused, big picture planning.
Meeting with clients about their taxes as we approach year end—or worse, during the height of filing season—is almost like trying to plan your vacation on your flight home. Traditionally, clients most often come in to meet with us during February and March, which limits our discussion to a prior year’s tax filing. And because the main focus is to complete your income tax return at that time, we are constrained to discussing only past events.
Over the course of the last three years we have determined that the best window for effective client meetings is from late spring through early summer. This timeframe allows us to take a longer view of your financial future and provide more in-depth assistance that will be to your advantage.
Whether you are interested in seeing us for current tax planning, budgeting assistance, or exit strategies for retirement, we are confident that—just like a good vacation—scheduling these meetings in warmer weather will take away some of the stress of tax planning and bring the most benefit to all of our clients. Keep an eye out for more information about scheduling financial strategy meetings with us in 2019.