We believe that tax management is an integral part of financial planning and portfolio management, and that it is not possible to successfully execute an investment strategy without taking tax planning into consideration. All of Waterford’s planners are Certified Financial Planners and are also either Certified Public Accountants or Enrolled Agents. We employ tax management strategies year-round, not just when preparing your income tax returns. For these reasons, we believe our approach to managing taxes and your investment portfolio is superior to other approaches and makes us unique in the wealth management industry.

A summary of currently enacted tax changes for the 2021 tax year can be found in the tables at the link below for your reference. We cannot emphasize enough the importance of managing portfolios in a tax-efficient manner. Careful tax planning is more important than ever to minimize the impact of continual tax legislation changes. If you wish to discuss your individual tax situation, please contact our office at any time and we will be happy to assist you.

2021 Tax Rates & Planning Limits