Tax Compliance & Strategy

It is not only how much you earn. It’s also how much you keep.

Effective tax strategy planning acknowledges that reaching your goals takes more than a mix of stocks and bonds. It requires a holistic tax approach that can lower, defer, or eliminate taxes, and increase your income.

Empirical Wealth Management employee wearing kakhis pants in the office
WHAT

Taxes touch every part of your life. Our tax management does too.

Without a coordinated approach to investing and tax planning, many investors pay more in taxes than necessary. Empirical works to ensure our clients do not.

  • Step 1: identify all holdings including financial investments, stock options, property, and businesses that may add to your tax burden to properly balance your entire portfolio.
  • Step 2: provide proactive tax planning strategies that account for current assets, as well as potential near-term acquisitions.
  • Step 3: monitor and respond to tax law changes. We assess how adjustments may affect your holdings and revise plans to support the lowest effective tax rate.
  • Step 4: prepare your taxes. That is where all the planning and work align into a tangible benefit.
HOW

The complexity of your life creates tax opportunities. We find them.

Maximizing growth begins with minimizing unnecessary taxes. Empirical identifies every legal opportunity to reduce your tax burden or offset income. This is how we help build your legacy.

Our approach

Empirical’s tax and investment advisors work together to identify and activate appropriate investment losses that will reduce capital gains taxes on other income and add to your net worth.

Tax laws evolve constantly. With proper planning, new legislation can become an advantage. Empirical prepares in advance so clients can benefit.

Protect your assets from taxes through the creation of trusts, income deferral, capital gains minimization,  charitable strategies, and gifting.

Avoid tax issues with on-going conversations about existing tax law and coming changes.

We regularly assemble your full financial staff to discuss your investments, estate planning, real estate holdings, and insurance services to ensure the correct tax decisions are being made.

Empirical’s tax professionals hold advanced credentials, including JD, LL.M., and Master of Professional Accounting degrees. Their expertise ensures clients receive informed, strategic guidance across all areas of tax planning.

WHY

Every dollar you save on taxes is another dollar for your legacy.

We are not looking for ways to reduce this year’s taxes. Our focus is on reducing taxes over your lifetime. And beyond.

Taylor M. Larson, CPA

Senior Tax Advisor

Empirical’s tax strategy goes beyond filing returns—our focus is on proactive tax planning that helps clients reach their long-term financial goals with clarity and confidence.
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The right tax strategy can catapult your net worth. Let’s create it together.

If you have read enough and are ready to get to work, we are too. If you still want to learn a little more, check out Our Approach for more details.

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