Jerry Davidse discusses the importance of reviewing clients' tax returns to reduce future taxes, avoid costly mistakes, and provide additional planning options. He explains how Presilium's tax planning software generates reports that aid in planning for Roth conversions, capital gains, Medicare premiums, and more. The software also helps identify errors, as demonstrated by a $220,000 mistake found for a client. Jerry emphasizes collaboration with tax preparers to lower lifetime taxes and encourages clients to reach out for reviews.

In this episode:

• Taxes are often a family's largest lifetime expense.
• Tax returns provide valuable information for future planning.
• Priscilium's software generates easy-to-read tax reports.
• Reports include Roth conversion and capital gains planning.
• Software helps identify costly tax return errors.
• Collaboration with tax preparers is crucial.
• Goal is to lower lifetime taxes and avoid surprises.
• Found a $220,000 error for a client last year.
• Encourages clients to review their tax returns.
• Reach out for questions or tax return reviews.

#taxplanning #presilium #financialplanning

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Connect With Jerry: Jerry Davidse, CFP®

CEO, Presilium Private Wealth

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/jerrydavidse/ Meet Jerry: https://www.presiliumpw.com/team_member/jerry-davidse-cfp/#bio

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This Video is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product or services.

The content of this Video is provided solely for your personal use and shall not be deemed to provide access to any particular transaction or investment opportunity. Presilium Private Wealth does not intend the information in this Video to be investment advice, and the information presented in this Presentation should not be relied upon to make an investment decision.

Any third-party information contained herein was prepared by sources deemed to be reliable but is not guaranteed. Investment advisory services are offered through Presilium Private Wealth, a SEC Registered Investment Adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser or investment adviser representative has attained a particular level of skill or ability. Additional information about Presilium Private Wealth is also available on the SEC’s website at www.adviserinfo.sec.gov.