Year End Tax Planning for 2014

Dear Clients and Friends,

Another year has passed, and the time for year-end tax planning is upon us again.

We have survived the first tax season with most of the big changes associated with the American Taxpayer Relief Act of 2013 (ATRA) signed into law on January 2, 2013, and provisions in the Patient Protection and Affordable Care Act of 2010 taking place in 2013. While we will highlight and summarize some of those key changes, the main focus of this year’s Silicon Valley Wealth Advisors (SVWA) tax letter is on tax planning.

This year, we have included the card we developed which summarizes the key tax planning numbers for 2014 to assist you in YE tax planning activities. In addition, as many of you know, we have rolled out new financial planning software in which we can model a variety of scenarios to assess the effect on your overall long-term goals including taxes.

If you have any questions about this letter and would like to get together to discuss tax planning strategies and/or other financial planning matters, please let us know.

Read the full letter here.