Once a taxable event occurs, you will need advice as to how to manage the tax implications.
For example, if part of your employment compensation comes in the form of stock options, we can work with you to determine the most tax efficient means of converting those options to cash so that you can diversify your financial holdings. Similarly, if you wish to make a charitable gift to your church, we can identify the best low basis stock in your personal portfolio to use for that gift so you both maximize the charitable deduction and avoid the capital gains tax on the appreciated asset. Or, if you are considering selling an investment property, we can evaluate the tax consequences of that sale as input to the decision process.
Aurora’s tax professionals can provide you with a variety of tax strategies to deal with any event in your life that creates a taxable situation.