Tax Planning
We Work With Individuals and Families in All Phases of Life.
Your personal finances and investments can become overwhelming and complex. At Sampadha, our main goal is to simplify your financial life.
Tax Planning:
1. Finances Merged vs Finances Separated Benefits Analysis
2. Reviewing Annual Tax Returns
3. Plan for tax free, tax deferred, tax payable investments
4. Adjust strategies for tax changes
5. Tax Loss Harvesting
6. Capital Gains Harvesting Analysis
7. Strategies for accelrating / deferring business income
8. Tax Credit Analysis / Opportunities
9. HUF Benefits Analysis
10. Trust Benefits Analysis
Few myths and misconceptions of Tax Planning
- Tax exemption is received on the actual rent paid for rented home
- Section 80C benefits are available only on investments, or on bank FDs and insurance premiums
- Section 80 c is the only available benefit in tax planning.
- All the rental income I get is taxed.
- I don't have enough income to file tax.
- All incomes which I get are taxed.
- Can plan my tax investments in the month of February and march only.
Few mistakes of Tax Planning
- Not having a proper tax planning investments.
- Not opting for tax free investments as they offer very low returns.
- Planning investments in order to save tax only.
- Failing to opt for tax benefitted loans.
- Relying heavily on section 80c for tax saving option.
Are we right for you ?
Find out if we’re a good match for your financial planning and investment management needs. We offer a free, no-obligation consultation to help us get to know each other. We can meet by phone, in-person, or online.