Financial Planning & Investment Advisory | New Albany, OH
Is Your Investment Advisor Also an Experienced CPA?
Financial Planning Through Both a Tax and Investment Lens
Coordinate investments, taxes, retirement, and long-term financial decisions through integrated CPA and investment advisory services.
Schedule a ConsultationAre Your Tax and Investment Strategies Working Together?
Many financial decisions have tax consequences, and many tax decisions affect long-term financial planning. The New Albany CPA Co. owns Omega Capital Management LLC, a Registered Investment Adviser providing financial planning and investment advisory services. Together, the two firms coordinate tax and financial planning.
Tax-Free Income Doesn't Begin and End With Roth Accounts.
An experienced CPA can help to identify opportunities for tax-free income that may otherwise be overlooked. When that CPA is also your Investment Advisor, they can help to position that income to support your future goals.
Examples of potential sources of tax-free income include:
Good planning isn't always about paying less tax this year. It's about planning which sources of income to use, when to use them, how they will be taxed, and which tax rules may be available over your lifetime.
Common Questions We Help Clients Answer
How can I create retirement income without unnecessary taxes?
Coordinate taxable, tax-deferred, and tax-free income sources to determine which to use, when to use them, and the potential tax impact.
What am I really paying in investment fees?
Review advisory fees, fund expenses, and other investment costs to understand what you're paying across your portfolio.
How much can I safely spend in retirement after taxes?
Evaluate your investments, income sources, taxes, and long-term needs to determine a sustainable spending strategy.
How should I plan for a large capital gain or high-income year?
Consider the timing of income and gains alongside deductions, tax brackets, investment decisions, and other planning opportunities.
See How the Pieces Work Together
Traditional or Roth?
An individual is comparing the trade-offs of a tax deduction today versus tax-free income tomorrow.
The answer may depend on today's tax bracket, expected future income, business cash flow, retirement timeline, and investment plan. It's both a tax decision and a financial planning decision.
Inherited an IRA?
An individual inherits an IRA and needs to determine how to manage distributions over the applicable period.
The answer may depend on other income, tax brackets, distribution requirements, investment needs, and longer-term financial goals. Tax and investment planning need to work together.
Pay Down Debt or Invest?
An individual has available cash and is deciding whether to reduce debt or invest for the future.
The answer may depend on interest rates, taxes, investment risk, liquidity, and broader financial goals. The best answer depends on more than the interest rate.
Consider a Roth Conversion?
An individual is considering paying tax today to convert retirement assets to Roth for potentially tax-free qualified distributions in the future.
The answer may depend on current and future tax brackets, other income, investment growth, and the timing of the conversion. The lowest tax bill today isn't always the best long-term strategy.
Why Tax Planning and Financial Planning Should Work Together
Many people have a tax advisor and an investment advisor who never talk to each other. Decisions made in isolation, like a Roth conversion here, a portfolio rebalance there, can create unexpected tax bills or missed opportunities.
Our integrated approach means every financial decision is evaluated through both a tax lens and a long-term wealth lens simultaneously.
"Is Your Investment Advisor Also an Experienced CPA?"
One Decision. Two Perspectives.
We evaluate financial decisions through both a tax and investment lens, helping you understand not only what may work today, but how it fits into your longer-term plan.
Areas We Commonly Help With
Ready to bring your tax and investment strategies together?
Schedule a consultation to explore how integrated planning can work for you.
Individual tax planning for executives, retirees, and families
401(k) Plans