Our management thrives on tax efficiency. What is held in certain account types is determined by a number of issues. For example, if you do not require any withdrawals from your Taxable account and do not see the need for some time, then this will determine what we hold in each account. Minimal income, especially those that are not as tax efficient like Taxable Interest and Non Qualified Dividends, will not be held in your taxable account. The Income portion of the overall asset mix would be held in the Tax Qualified account if possible. This is only a hypothetical example and will be determined by your income needs.

One of many benefits we provide to our clients is precise and accurate tax preparation. As early as the middle of January of each year we produce all tax information for each client which covers all income and gains produced from the investment portfolio. We will even coordinate this with Cavanaugh CPA's if you rather not deal with it. We send out statements to you that outline's all taxable events produced within the prior tax year. This eliminates an enormous amount of work for the client and makes their life that much easier.

Tax Planning Meeting Schedule:

1. April 15th: As soon as your tax return is complete and filed we request a copy of the return from the client. We evaluate the return and run projections for the current tax year. These projections give us an idea of our tax opportunities for this year. Examples would include adjusting investment holdings to produce tax efficient Portfolio Income. Secondly, these projections help us determine whether an IRA distribution or Roth conversion makes tax sense.
2. December 1st: By the end of the year we run the tax projections again to double check on how we will finish the year. Please note, Roth conversions and IRA distributions are taxed in the year they are transacted. Therefore, it is extremely important to look at these possibilities again at the end of the year to make sure we are taking advantage of our tax situation.

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info@cavcowealth.com

2381 Fruitville Road
Sarasota, FL. 34237
Local: 941-366-2983
Fax: 941-366-2995

333 West Miami Avenue
Venice, Fl. 34285
Local: 941-485-4847
Fax: 941-485-3470