Do you ever feel like you’re paying more in taxes than you should? Maybe your income fluctuates year to year, or your investments and retirement accounts have grown more complex.
If you own a business, you might wonder whether you’re missing deductions or if your structure is still the most efficient.
For many affluent professionals, business owners, and retirees in Miami, taxes quietly shape nearly every financial decision. As income rises and finances become more layered, the real challenge is making sure more of it stays working for you, not the IRS.
At Mendoza Private Wealth, tax planning isn’t a once-a-year conversation. It’s a year-round collaboration that looks at how every decision, from portfolio construction to retirement withdrawals, affects your total tax picture.
We work closely with your CPA and other professionals so your financial and tax strategies stay connected. This coordination allows you to see where opportunities exist today and how your tax exposure may evolve over time.
Where you hold each investment can make a meaningful difference. We help structure portfolios across taxable, tax-deferred, and tax-free accounts to improve after-tax returns.
Once you retire, deciding which accounts to draw from and when can significantly impact your lifetime tax bill. We design withdrawal strategies to help balance cash-flow needs with tax efficiency.
For business owners and partners, we evaluate opportunities such as cash balance plans, defined-benefit plans, or other tax-advantaged structures that coordinate with your CPA’s recommendations.
If philanthropy is part of your life, we can help you explore ways to give efficiently—through donor-advised funds, charitable trusts, or direct gifts—to support the causes you care about while managing taxes thoughtfully.
What you really need is a clear, connected approach—professionals who communicate and make sure every decision supports your overall plan.
That’s the role we fill. We bring organization, structure, and clear communication between your financial plan and your tax strategy, so you can focus on what matters most to you.
Ready to explore smarter tax planning? Let’s talk about how your investments, retirement income, and estate goals can work together to reduce unnecessary taxes and help you keep more of what you’ve earned.
Ready to take the next step in creating or reviewing your tax plan? Schedule a complimentary Fit Meeting to discuss how we can help protect what matters most to you.
Every financial decision has a tax consequence. From investment choices to estate planning, taxes are part of nearly every conversation we have with clients. Effective tax planning integrates those decisions, helping to keep your wealth strategy efficient, coordinated, and aligned with your long-term goals.
Tax-loss harvesting involves selling investments that have declined in value to offset capital gains from other investments. The realized loss can help reduce your overall taxable gains for the year. While this can be an effective strategy, it’s important to follow IRS rules, such as the wash-sale rule, to make sure losses are recognized. At Mendoza Private Wealth, tax planning involves coordinating with your CPA to identify opportunities that fit within your broader investment strategy.
Capital gains taxes depend on how long you’ve held an investment before selling it. If you hold it for a year or less, it’s typically taxed as short-term capital gains at your ordinary income tax rate. If you hold it for more than a year, it usually qualifies for long-term capital gains treatment, which comes with lower tax rates. Strategic timing and asset placement can help manage when and how those gains are realized.
Yes. Charitable giving can create valuable deductions, especially for those who itemize. Techniques such as donor-advised funds (DAFs), qualified charitable distributions (QCDs) from IRAs, or charitable remainder trusts (CRTs) can align your giving with your tax strategy. These options may help reduce taxable income while supporting the causes that matter to you.
Business owners often have more flexibility in how they structure income, expenses, and retirement plan contributions. In certain situations, setting up a cash balance pension plan or combining it with a 401(k) profit-sharing plan can allow for significant pre-tax savings. Timing income, reviewing entity structure, and coordinating compensation planning with your financial advisor and CPA can all help manage taxable income more effectively.
Tax planning doesn’t end at retirement—it becomes even more important. The order in which you draw from taxable, tax-deferred, and tax-free accounts can impact how long your money lasts and how much of it you keep. Planning your withdrawal strategy early helps manage your tax brackets, required minimum distributions (RMDs), and potential Medicare surcharges.
No. Tax preparation focuses on filing last year’s returns accurately. Tax planning looks forward—evaluating how your investment, income, and estate decisions affect your future tax situation. While Mendoza Private Wealth doesn’t prepare tax returns, we work collaboratively with clients’ CPAs to identify tax deferral opportunities and help reduce avoidable taxes over time.
