Developing a comprehensive picture of your business

We help minimize or defer your tax burden

Through careful year-round planning, we can assist you in minimizing or deferring your tax burden. While we are familiar with the tax provisions of the issues presented herein, as financial advisors of Raymond James Financial Services we are not qualified to render advice on tax or legal matters. Tax laws can be complex and frequently change, so you should consult the appropriate professional before making any tax decisions.

There are methods and investments that can effectively reduce or defer the amount of taxes you pay, enabling you to then preserve and manage your assets.

Investment types we typically use include:

  • Municipal Bonds
  • Variable Annuities
  • Traditional IRA
  • Roth IRA
  • Simple IRA
  • 401(k)
  • 403(b)

While interest on municipal bonds is generally exempt from federal income tax, it may be subject to the federal alternative minimum tax, or state or local taxes.  Profits and losses on federally tax-exempt bonds may be subject to capital gains tax treatment. In addition, certain municipal bonds (such as Build America Bonds) are issued without a federal tax exemption, which subjects the related interest income to federal income tax. 
Variable annuities are long-term investment alternatives designed for retirement purposes. Withdrawals of taxable amounts are subject to income tax, and if taken prior to age 59½, a 10% federal tax penalty may apply. Early withdrawals may be subject to withdrawal charges. 
Withdrawals from tax-deferred accounts may be subject to income taxes, and prior to age 59 ½ a 10% federal penalty tax may apply.