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Tax Planner Near Me for Tax Saving Strategies – PillarWM

High net worth and ultra-high net worth individuals typically lack the time or experience required to handle their vast wealth and assets on their own. As a result, employing a tax adviser for themselves is indeed immensely helpful. Finding any financial advisor is easy, but hiring the right tax planner near me, who can genuinely assist you in achieving your financial objectives while minimizing your taxes, can be a little more difficult. As someone looking to invest $5+ million, you should seek expert advice, which you can acquire by requesting our book,7 Secrets to High Net Worth Investment Management, Estate, Tax, and Financial Planning – For Families With Liquid Investable Portfolios Between $5 Million and $500 Million.

7 Secrets minified

7 Secrets To High Net Worth Investment Management, Estate, Tax and Financial Planning

The insights you’ll discover from our published book will help you integrate a variety of wealth management tools with financial planning, providing guidance for your future security alongside complex financial strategies, so your human and financial capital will both flourish.

Clients frequently share with us how the knowledge gained from this book helped provide them tremendous clarity, shattering industry-pitched ideologies, while offering insight and direction in making such important financial decisions.

If you are looking to invest between $5 million to $500 million, you most likely understand how your investment returns can come with hefty taxes. Pillar Wealth Management caters specifically to investors like you, who want to legally bring down their tax returns.Our proprietary and personalized process analyses your concentration risk as part of your overall portfolio strategy, determining how that risk affects your financial peace of mind and aims to give you worry-free living for the rest of your life. To learn more about our wealth management services and tax-loss harvesting strategies, you can contact our team.

As we emphasized, working with the right tax planner is crucial to your success. If you’re wondering, “How do I find a good tax planner?”“How do I hire a tax planner?” or“How much does it cost to see a tax planner?” we will help you answer those questions in the following sections. First, we should discuss what tax planning is and why you need it.

Table of Contents
What Is Tax Planning and How Important Is It?
Why Should You Work with a Tax Planner?
Why Do the Wealthy Have to Pay More Taxes?
Who Can Give Tax Advice?
How to Know If Your Tax Planner Is Qualified for The Job
How Much Should You Expect to Pay a Tax Planner Near Me?

What Is Tax Planning and How Important Is It?

Taxes are an unavoidable part of life, and nobody really enjoys giving up any of their hard-earned money. It is possible, however, to pay less in taxes or obtain a greater reimbursement at the end of the year with proper tax planning. Although paying taxes is unavoidable, there are a few things you can do to reduce your tax burden and finish the year with more capital. That is where tax planning comes in.

The analysis and adjustment of a person’s financial position in order to maximize tax breaks and mitigate tax liabilities in a lawful and effective manner is known as tax planning. Tax laws can be confusing, but taking the time to understand them and use them to your advantage can drastically alter the amount you pay or receive when you file.

Furthermore, by factoring in taxes while creating your financial plan, you can greatly increase the amount of money you’ll have in retirement. Many aspects of tax preparation are straightforward, but it’s still a good idea to consult with a specialist at a local bank who can provide further insight into how to navigate the tax system effectively. You can take advantage of our expert advice by requesting a copy of our book,7 Secrets to High Net Worth Investment Management, Estate, Tax, and Financial Planning – For Families With Liquid Investable Portfolios Between $5 Million and $500 Million.

tax planner near me

Why Should You Work with a Tax Planner?

Tax planning has short and long-term advantages, but to maximize your savings, you’ll need to overview your financial situation holistically. If you expect your income to rise or fall over the next few years, start preparing your financial plan now to account for the changes. A tax planner near me can help you determine whether it is better to pay taxes on the additional income now or to attempt to put everything into tax-deferred accounts that could be subject to taxes eventually.

Since taxes impact so many aspects of your life, you can overlook potential savings opportunities. You could end up losing a lot of money if you don’t think about the tax consequences of a major financial decision. For ill-informed sellers and buyers, the tax laws governing real estate may be particularly frustrating. You will avoid inadvertently losing out on major tax deductions by consulting with a tax advisor before making any financial decisions.

When filing your taxes, you can choose to take the standard deduction, which is available to individual taxpayers, or you can create a personalized deduction by listing your costs for the year. Based on your financial situation, either choice could provide more savings, so you’ll want to assess how your finances have changed over the last year.With meticulous tax planning, you can make your wealth management a lot simpler while still pocketing some extra cash.

Why Do the Wealthy Have to Pay More Taxes?

The tax scheme in the United States is progressive. This suggests that those earning ahigher taxable income are liable to high tax rates, while those earning comparatively lower taxable incomes are liable to lower tax rates. As high net worth or ultra-high net worth individuals, you enter the highest tax bracket.

You can’t prepare for the future unless you know where you are right now. So, the first step in tax planning is to figure out which federal tax bracket you fall into. A financial expert such as a wealth manager can help you determine this. Our wealth managers have been helping rich clients manage their taxes for decades.You can call us to schedule your first consultation.

Hence, wealthier families are cautious regarding unforeseeable risks and liabilities that could jeopardize their financial well-being. Our book, The Art of Protecting Ultra-High Net Worth Portfolios and Estates – Strategies for Families Worth $25 Million to $500 Million, goes into this in detail and offers tips on how to keep your family safe from financial ruin.

Who Can Give Tax Advice?

If you believe you need help managing your taxes, you might be wondering, “How do I find a good tax planner?” or“How do I hire a tax planner?” Any advisor may claim to provide tax advice, but it’s still a question of whether or not it’s reliable or suitable for you. Even if they have a decent amount of expertise in this area, not all financial advisors specialize in it.

Tax planners or advisors and tax attorneys are specialists in the field of taxation, tax preparation, and tax management. Some advisors provide estate tax advice as they specialize in inheritance and estate tax laws. Other financial advisors can give you general tax management advice to help you monitor your finances.

As a wealthy individual looking to invest more than 5 million dollars, though, this shouldn’t be the only consideration when recruiting one. Rich investors are subject to various taxes, and if your advisor is unfamiliar with the implications and regulations that apply to you, their recommendations will fall short of your standards. It is better to work with a professional who has experience in working with wealthy families, such as wealth managers. If you would like to read more about how you can stay on top of your wealth management, you can request a copy of our book,7 Secrets to High Net Worth Investment Management, Estate, Tax, and Financial Planning – For Families With Liquid Investable Portfolios Between $5 Million and $500 Million.

How to Know If Your Tax Planner Is Qualified for The Job

A major concern for rich investors is, “How do I find a good tax planner?” After all, countless advisors can give you advice on how to handle your taxes, but not all can effectively help you achieve the results you seek.

Just as investment managers use strategies to optimize the performance of your investments, tax planners use tax reduction strategies to help you legally reduce your taxable income or take advantage of deductions. If you’re interested in reading about portfolio optimization strategies, you can take a look at our guide,Improving Portfolio Performance: The Shifts Multi-Millionaires Must Make to Achieve Financial Security and Serenity.

When it comes to selecting a tax planner near me, the reputation and expertise of a tax advisor should be among the first considerations. Ideally, they should have enough experience working with rich investors to know the ins and outs of how the tax system affects you. Only advisors with relevant experience and a proven track record can be able to effectively focus on market dynamics to help their clients develop and preserve their wealth.

Once you’ve shortlisted your candidates, you should look into their credentials. It is important to assess your advisor’s competence in order to ensure that you made the best decision.Qualifications are crucial in demonstrating whether the financial advisor you’ve selected is capable of doing the job. Their certifications and credentials are a clear reflection of their expertise, qualifications, and experience.

If you’re asking yourself, “How do I hire a tax planner?” the simplest way is to go online and search for a tax planner near me. Certain financial advisors exclusively offer services in this field, while others include it in their array of services.Many financial planners help you plan for your taxes, investments, retirement, wealth transfer, and more. If you would like to read more about how wealthy investors can improve their investment performance, you can read our guide, 5 Critical Shifts for Maximizing Portfolio Growth Strategies – For Families Worth $5 Million To $500 Million.

How Much Should You Expect to Pay a Tax Planner Near Me?

When you ask yourself, “How much does it cost to see a tax planner?” the answer depends on who you plan on taking tax advice from.

When you hire a specialist to handle your taxes, you’ll also get access to a variety of other services, such as accounting or auditing. While some professionals are generalists, it is important to recruit someone with relevant expertise. The expense of hiring a skilled accountant to prepare your taxes is determined by the circumstances and the tax forms you must file. The average fee for working with a CPA can range from$176 to $273.

If you work with a financial advisor or a wealth manager, their fee will vary according to their payment structure. Therefore, it is preferable to consult with your potential tax planner for an initial consultation where you get your concerns about the costs and fees out of the way. Our wealth managers work through a fee-only payment model and inform you of any costs and expenses beforehand. If you’re interested in learning more about our fee structure, you can schedule a free consultation with one of our expert wealth managers today.


Working with a tax planner near me can help you manage your finances effectively by using the right strategies to legally mitigate your taxes and save millions of dollars. Pillar Wealth Management has a skilled team of wealth managers and financial advisors who are dedicated to assisting high net worth individuals in achieving financial success and security. We offer wealth management, tax planning, risk management, retirement planning, estate planning, and many other services.If you’re looking to invest between 5 million to 500 million dollars, you can get in touch with us to learn how we can help you achieve your goals.


To be 100% transparent, we published this page to help filter through the mass influx of prospects, who come to us through our website and referrals, to gain only a handful of the right types of new clients who wish to engage us.

We enjoy working with high net worth and ultra-high net worth investors and families who want what we call financial serenity – the feeling that comes when you know your finances and the lifestyle you desire have been secured for life, and that you don’t have to do any of the work to manage and maintain it because you hired a trusted advisor to take care of everything.

You see, our goal is to only accept 17 new clients this year. Clients who have from $5 million to $500 million in liquid investable assets to entrust us with on a 100% fee basis. No commissions and no products for sale.

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