At Kreppel Tax Advisory Group, we offer expert tax planning services designed to help retirees and pre-retirees effectively manage their tax liabilities. We understand that planning ahead is crucial for keeping your taxes manageable, especially as you approach retirement. Our team provides comprehensive guidance on leveraging deductions, credits, and exemptions to minimize the impact of your W2s and 1099s. We also help you navigate strategic decisions that balance the taxes you pay now with those you might incur in the future, ensuring that you optimize your financial outcomes.

Our approach goes beyond mere tax preparation by addressing the complexities of long-term tax planning. We assist you in making informed choices about Roth conversions, tax diversification, and Required Minimum Distributions (RMDs) to maximize your after-tax returns. Recognizing that the future of tax laws can be unpredictable, we work diligently to reduce your tax burden through proactive planning and strategic adjustments. By evaluating both immediate and future tax implications, we help you secure a financially stable and tax-efficient retirement.

Unfortunately, the future of our tax system is unclear which makes it difficult to prepare for the future with 100% certainty. However, we can lessen the tax burden by addressing the following:

• When it may be a good thing to trigger a tax today in order to save on tax tomorrow
• To Roth or not to Roth?
• How to use tax diversification to bolster your total after-tax dollars in retirement
• Understanding Required Minimum Distributions (RMDs) for your retirement accounts
• How to use the concept of “tax alpha” to bolster after-tax return
• How to evaluate the potential benefit of Roth conversion in your 60s to minimize the effect of Required Minimum Distributions (RMDs) at age 72

At Kreppel Tax Advisory Group, we carefully evaluate the short and long-term effect of taxes on your financial plan, and act as your tax professional to help you devise a strategy to maximize your dollars.