Maximize your wealth with tax planning

Maximize your wealth with strategic tax planning

Experience peace of mind working with CERTIFIED FINANCIAL PLANNER™ Professionals to help you take control of your tax and retirement planning. Our services help align your tax planning with your long-term goals and provide financial clarity.

Streamlining your finances for optimal tax savings doesn’t have to feel overwhelming. At Goodwin Investment Advisory, we know the challenges that come with navigating the ever-changing tax landscape. We take the time to guide you through each element of your financial plan, so that all parts work together to maximize tax efficiency.

We work alongside Certified Public Accountants (CPAs) to manage your wealth with care and precision. By partnering with CPAs—including your own—we create a cohesive tax plan that integrates seamlessly into your overall financial strategy. Our thorough review of your recent tax returns helps uncover opportunities for savings, to help align and support your broader financial goals.

Take advantage of one of the benefits of hiring our CFP® professionals to manage your wealth. Our advisors will review your Tax Return to potentially uncover hidden savings and avoid future liabilities. Our analysis identifies overlooked opportunities and potential pitfalls in your past filings.

• Maximize 401(k), IRA, or HSA contributions to lower taxable income
• Utilize Roth conversions strategically to minimize future taxes
• Claim all eligible tax deductions (mortgage interest, student loan interest, medical expenses)
• Take advantage of tax credits (Child Tax Credit, Earned Income Credit, Saver’s Credit)
• Adjust tax withholding to avoid large refunds or tax bills

• Use Qualified Charitable Distributions (QCDs) to donate from an IRA tax-free
• Create a trust to minimize estate taxes and control asset distribution
• Take advantage of the $18,000 annual gift tax exclusion ($36,000 for married couples)
• Consider a Backdoor Roth IRA to get tax-free growth even with high income

• Tax-loss harvesting to offset capital gains
• Hold investments for over one year to qualify for lower long-term capital gains rates
• Gift appreciated assets to charities such as Donor Advised Funds (DAF) or family members in lower tax brackets
• Charitable bunching combines multiple years of donations into one tax year to exceed the standard deduction, maximizing itemized deductions.
• Maximize the zero percent long-term capital gains tax bracket.
• Utilization of tax-efficient investments such as ETFs versus mutual funds and tax-exempt municipal bonds.

• Deduct home office expenses, business mileage, and health insurance premiums
• Maximize SEP IRA, or Solo 401(k), contributions to defer income taxes and avoid self-employment tax on “employer” contributions.
• Take the Qualified Business Income (QBI) deduction for pass-through businesses
• Use an S-Corp election to reduce self-employment taxes
• Georgia’s SALT cap workaround allows pass-through entities (S-corps, partnerships) to pay state taxes at the entity level, bypassing the $10K federal deduction limit.

Discover why clients trust us with their finances

Cindy Rincon

Retired

“Annual financial/portfolio review meetings are just one of the many valuable benefits of being a client of Goodwin Investment Advisory. My recent review experience with Ray Brown was not only thorough, but also encouraging to know how best to plan for the future in these retirement years. He is an amazing and talented young man! Tim Goodwin, Ray Brown and Sharon Brewer are just 3 of the team of very smart and knowledgeable people who are or who have been extremely helpful in advising and guiding me to financial peace in my retirement. Additionally, Goodwin Investment Advisory’s many client communication vehicles, from weekly reports, podcasts and market updates are timely and thorough. This team is always available to assist or answer any questions or concerns, which is especially important during these days of economic uncertainty. I am grateful to be a client of this advisory team!”

Goodwin Investment Advisory, LLC is an SEC Registered Investment Adviser. SEC registration does not imply a certain level of skill or training. GIA did not provide any cash or non-cash compensation in return for these testimonials and endorsements by existing clients and other individuals. We are also not aware of any material conflicts of interest on the part of the person(s) giving the testimonial or endorsement resulting from the person’s relationship with Goodwin Investment Advisory, which could result in an incentive to recommend the adviser. Opinions and comments given by GIA clients or other individuals may not be representative of any other person’s experience with the firm.