Core areas handled:

Retirement planning

When can you retire?

How much do you need?

Social Security optimization

Pension decisions

Withdrawal strategy and sustainability (e.g. 4% rule)

Tax planning

Roth conversions

Tax bracket management

Capital gains planning

Helping avoid IRMAA or NIIT thresholds

Insurance

Life, disability, long-term care reviews

At Sansone & Associates, P.C., we are excited to offer a combination of services that integrates both wealth management and CPA expertise. As a firm that specializes in tax and financial services, we understand the interconnected nature of your financial picture. Taxes and investments are not separate pieces; they are part of the same puzzle. By working with professionals who are both CPAs and financial advisors, you may benefit from a coordinated approach to managing your wealth.

The Holistic Financial Picture

When it comes to financial planning, every decision impacts another. Taxes affect your investments, and your investments can affect your taxes. Many people work with separate tax professionals and financial advisors, which can sometimes lead to conflicting advice or missed opportunities. For example:

• A financial advisor may recommend an investment that appears solid on the surface but doesn't consider how it fits into your tax strategy.

• A CPA might recommend ways to reduce your tax liability but may not always account for long-term goals like retirement or wealth accumulation.

By having your CPA and financial advisor be the same person, or at least working within the same team, you benefit from strategies that optimize both sides of the financial equation: tax efficiency and wealth growth.

Example: How Taxes and Investments Work Together

Consider a situation where: a financial advisor recommends that you contribute to a traditional IRA, believing it will help you grow your retirement savings. On the surface, it seems like sound advice. However, if your income is higher than the IRS threshold for a deductible contribution, you could end up facing unnecessary penalties (Example for illustrative purposes only).

A CPA would have known your income level and might suggest alternative retirement savings options that both reduce your tax liability and support your long-term financial goals.

This example highlights a common pitfall in working with separate advisors: lack of communication and coordination. With Sansone & Associates, P.C., that risk may be reduced. Our team works to align your financial plans with your tax situation, helping you avoid unnecessary complications.

Why Choose a CPA Who Is Also a Financial Advisor?

1. Comprehensive View of Your Financial Situation: We can review your tax returns and investment portfolios simultaneously, ensuring both align with your short-term needs and long-term goals.

2. Tax-Efficient Investment Strategies: We help you avoid unnecessary taxes by designing investment strategies that take advantage of tax-advantaged accounts, such as IRAs, Roth IRAs, and 401(k)s.

3. Personalized Financial Advice: Since we're familiar with your entire financial picture, we can offer advice that fits you uniquely, whether you're looking to buy a home, save for college, or plan your estate.

4. Convenience and Coordination: Managing your wealth and tax needs in one place can reduce the need to coordinate across multiple professionals..

Solving the Financial Puzzle Together

At Sansone & Associates, P.C., we put the pieces of your financial puzzle together. We understand that financial success isn't just about minimizing taxes or achieving high investment returns—it's about coordinating both for the greatest overall benefit. When your tax strategy and investment plan are aligned, you may have a greater opportunity to achieve your financial goals..

Let us help you complete your financial puzzle, ensuring all parts of your plan: taxes, investments, retirement savings, and more, work together in harmony. Our team is ready to provide you with customized advice that’s designed for your unique situation.

Contact Us Today

If you’re ready to take control of your financial future with a firm that understands the full picture, contact Sansone & Associates, P.C. We’ll work with you to create a comprehensive plan that helps you grow your wealth and manage your taxes efficiently.

You can reach us by phone or through our website contact form. Let's start the conversation about how our combined CPA and wealth management services can benefit you.