Tax planning is an ongoing service focused on analysis, coordination, and proactive strategy.
Our Philosophy
We believe effective tax planning is not about minimizing taxes in a single year, but about making informed, intentional decisions over time.
Our tax planning approach is designed to align with a client’s broader financial plan, investment strategy, and long-term goals. Rather than treating taxes as a standalone exercise, we focus on how income, investment decisions, and timing impact future outcomes—including retirement income, Social Security, Medicare costs, and legacy objectives.
By taking a proactive, multi-year view, we help clients manage tax exposure thoughtfully while maintaining flexibility as circumstances evolve.
Boone River Financial and LPL Financial do not provide tax advice or services. Please consult your tax advisor regarding your specific situation.
What We Do for Clients
Tax Return Review & Education
- Review and analysis of client tax returns
- Identification of planning opportunities and risks
- Client education to support informed decision‑making
Roth Conversion Analysis
- Evaluation of Roth conversion opportunities
- Multi‑year conversion strategies
- Coordination with cash flow and investment planning
Tax‑Aware Investment Strategies
- Tax loss harvesting
- Tax‑efficient portfolio implementation
- Ongoing tax overlay within investment management
Retirement & Distribution Planning
- Tax‑efficient withdrawal strategies
- Coordination across taxable, tax‑deferred, and tax‑free accounts
- Planning for the taxation of Social Security benefits
- Consideration of Medicare premium and surcharge thresholds
Bracket Management & Income Planning
- Strategic income recognition
- Marginal tax bracket management
- Coordination of income sources over time
Legacy & Multi‑Generational Considerations
- Planning with future beneficiaries in mind
- Coordination with estate planning strategies
- Alignment with client legacy goals
