Tax Analysis in Rockville, MD
When considering your long-term financial goals, taxes are an important part of the equation, including the types of taxes you must pay, the amounts, and strategies that can help to reduce your tax liabilities.
At Ferguson-Johnson Wealth Management, we can help you determine how your tax obligations affect your financial goals with our comprehensive tax analysis, and we can recommend tax-sensitive investment strategies that help to maximize your returns.
Our financial experts have been helping customers in the Rockville, Maryland area with quality financial planning and wealth management services since 1978. We are committed to the investment and financial goals of our customers, and our experienced team can provide a variety of financial services, from retirement planning to education planning and wealth management.
For a no-cost consultation, contact Ferguson-Johnson Wealth Management today!
Common Types of Taxes
Your financial planning goals can be affected by a variety of local, state, and federal taxes, including:
- Income taxes
- Self-employment taxes
- Capital gains taxes
- Corporate taxes
- Alternative minimum taxes
- Gift taxes
- Estate taxes
- And more
Though we do not offer tax services, as part of the financial planning process, our team can examine your current investments and recommend strategies that you can discuss with a tax professional to help minimize your liabilities. This can include techniques such as maximizing tax-free contributions to retirement accounts, timing withdrawals to avoid tax penalties, and more. We can also recommend specific investments that minimize your tax obligations, such as tax-deductible or tax-deferred accounts.
For more information about managing your tax obligations, contact us today!
Tax Reduction Strategies
By working with a tax professional, there are a variety of strategies you can use to minimize taxes, such as:
- Contributing to a tax-deductible IRA or Roth IRA
- Increasing contributions to a health savings account
- Shifting income or expenses to different years to minimize obligations
- Maximizing gift deductions
- Selling loss-generating investments to offset taxes
Contact our team today to learn more about these strategies!
Our Other Personal Financial Planning Services
Considering your tax contributions and obligations is just one piece of the greater financial planning puzzle. When we work with you, we’ll go through every aspect of your financial situation to ensure we have the right information to help you make smart saving, spending, and investment decisions. Our financial planning services can include:
- Budget and cash flow analysis
- Insurance analysis
- Tax analysis
- Investment analysis
- Education planning
- And more
If you’re ready to get started or just want to discuss the process further with one of our fee-only fiduciary advisors, call today at 301-284-8786.
Financial Planning Services in the Rockville Area
Whether you would like to simply make retirement more comfortable, or you would like to help your children receive a great education, our team at Ferguson-Johnson Wealth Management is happy to assist. Our tax analysis and financial planning services can help you make intelligent investment decisions that get you closer to meeting your long-term financial goals while minimizing your tax obligations.