TAX STRATEGY

Although tax strategy is the second pillar of wealth, or the second step in your plan, really tax strategy is a part of everything. Cash flow is first, as it provides an instant benefit to you. Every investment and move you make should be influenced by tax strategy. If you make a $100,000 investment that returns $7,000 per year, you are making 7%, that is great. If you make the same investment but it helps create $8,000 of tax savings in year 1, you just made 15% on your money. In addition, you can take the $8,000, and buy another investment. That is the power of tax savings, they supercharge your plan. Plus, no one likes paying taxes.

BPSG has strategists that understand taxes (amazing right?) and have access to CPAs that provide tax strategy, not just tax preparation.