High-Net-Worth Tax Planning in Austin

Avidian Wealth Solutions is a fiduciary financial firm offering high-net-worth wealth management in Austin. As a boutique family office*, our team acts in your best interest to provide you with the highest standard of care when it comes to your tax planning, offering guidance across each pillar of your financial plan.

As a multidisciplinary team, we are able to leverage our extensive network of financial professionals to help identify opportunities for reducing taxes throughout all aspects of your life. We offer everything from tax-efficient investment portfolios to comprehensive tax strategies and solutions that align with your unique goals, helping you to legitimately reduce your overall tax obligations.

*Continue reading: What is a family office and what are the benefits of setting up a family office

Small business retirement accounts

Tax planning for small business retirement accounts is an important part of gaining financial security, as it can help businesses to maximize their deductions and credits while minimizing their tax liabilities.

We provide customized tax planning services specifically designed to meet the needs of high-net-worth business owners in Austin. Our team will work in partnership with your existing small business CPA in Austin to ensure that you are taking advantage of all available deductions when it comes to setting up and investing in small business retirement plans.

Maximize deductions and credits

For business owners, maximizing deductions and credits can be an effective way to reduce their tax liabilities. At Avidian Wealth Solutions, we understand the importance of minimizing taxes for small businesses and are dedicated to helping you take advantage of all the available tax savings opportunities.

• Home office deductions
• Section 179 deduction for equipment purchases
• Hiring credits and other tax incentives
• Education credits such as the American Opportunity Tax Credit
• Self-employed retirement plans such as SEP IRAs and Solo 401Ks

Strategic tax return review

Our advisors, including CPAs and Certified Financial Planners, can help you maximize your savings by carefully examining your tax returns. This is an integral part of our comprehensive approach to tax-related strategizing, as it can reveal a variety of ways to lower your federal income taxes*. We’ll collaborate with your personal CPAs in Austin (if applicable) to make sure you take full advantage of these financial opportunities.

*Learn more about federal income tax from local Austin income tax strategy planners.

High-net-worth tax reduction strategies and smoothing

Avidian can create a tailored financial plan that takes into account a range of tax planning strategies for high-income earners, all of which could help you reduce the total amount going toward your taxes at the end of the year. These strategies may include contributions to retirement plans, HSA or 529 accounts, real estate investments, charitable donations, or other gifting options.

Tax-efficient investment portfolios

Avidian can help you find the right balance of investments in regard to your tax burden with our tax planning and consulting services in Austin. Our financial advisors can assess different types of investments and their respective tax advantages to determine which ones are most beneficial for you. These could include bonds, stocks, mutual funds, ETFs, annuities, real estate investment trusts (REITs).

Short- and long-term capital gains management

In all areas of our financial planning including tax planning in Austin, Avidian offers conservative, time-tested strategies to help you navigate capital gains taxes. We can better inform your decision-making by providing answers to tough questions like: Does my investment qualify for the lower long-term capital gains tax rate? Is it better to sell now when the value of my investment is lower and so is the capital gains tax?

Annual tax loss harvesting

Tax loss harvesting is a strategy for investment management in Austin that is used to offset capital gains with capital losses. When applicable, our advisors take an active approach to monitoring your portfolio, watching for any opportunities where strategies such as offsetting capital gains can improve the health of your portfolio.