Tax Planning & Preparation | Strategic Tax Advisors

Our in-house tax team delivers proactive tax planning so families and entrepreneurs can reduce inefficiencies and keep more of what they earn.

Tax Planning and Preparation at IDA gives families and business owners true alignment across taxes, investments, and financial planning by bringing everything under one in-house team. The result is greater clarity around financial decisions, fewer surprises, and a more streamlined financial life.

What we deliver

Tax Strategy With
Insight, Structure, and Discipline

Tax Planning and Preparation at IDA provides families and business owners with coordinated, year-round guidance that aligns taxes with investments and financial planning, resulting in clearer decisions and a more streamlined financial life.

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Integrated tax planning tied to investments and long-term goals
Individual, business, trust, estate, and nonprofit tax preparation
Multi-state filings, bookkeeping, and financial statements
Strategic year-end planning and proactive tax consulting
A cohesive team focused on accuracy, efficiency, and compliance

Integrated Tax Planning Solutions

Individual Tax Planning

IDA’s individual tax services make filing seamless and strategic by handling all income types with precision, reducing liability, and identifying planning opportunities that align tax decisions with broader financial priorities.

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Business Tax Planning

IDA advises business owners on tax strategy and entity structure, helping ensure filings are optimized and growth decisions are tax-aware, intentional, and aligned with the overall financial picture.

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Tax Planning & Preparation

Reducing Taxable Exposure
Through Tax-Loss Harvesting

Hypothetical Scenario 1 — Without Tax-Loss Harvesting
Sale of Fund A: $10,000 short-term gain

Estimated Tax Owed ·

$3,700

Short-term capital gains taxed at 37%

Hypothetical Scenario 2 — With Tax-Loss Harvesting
Fund A: $10,000 short-term gain 
Fund B: ($10,000) harvested loss

Estimated Tax Owed ·

$0

  Potential tax savings: $3,700

This example is provided for illustrative purposes only and reflects a hypothetical tax-loss harvesting scenario. The illustration assumes a $10,000 short-term capital gain offset by a $10,000 realized capital loss and applies a 37% federal short-term capital gains tax rate. It does not account for state or local taxes, wash sale rules, transaction costs, market impact, timing differences, future tax law changes, or the investor’s specific tax circumstances.The potential tax savings shown are estimates only and are not guaranteed. Tax-loss harvesting may not be appropriate for all investors and may reduce future after-tax returns if replacement securities appreciate. The effectiveness of any tax strategy depends on an investor’s individual tax situation and overall investment objectives. Investors should consult their tax adviser before implementing any tax strategy.

Adviser Thoughts

“Effective tax planning is more than filing — it’s understanding the full picture and making intentional decisions year-round. Our goal is clarity and confidence for every client, in every season.”

Desiree Vargas

Tax Manager

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Our Process

Our Tax-Planning
Process and Strategy

We begin by understanding the full financial picture, including income sources, investment accounts, entity structures, and future plans. Using that insight, we build a coordinated strategy that reduces tax friction, integrates long-term goals, and supports better year-round decision-making.

Let’s Simplify Your Taxes Together

Clarify Income and Intent

We develop a clear understanding of income sources, entity structures, planning through life transitions, and long-term tax-related goals.

Model the Tax Landscape Ahead

Projections, scenario analysis, and multi-year planning highlight opportunities for optimization and potential areas of exposure.

Build the Coordinated Tax Strategy

We integrate investment decisions, planning initiatives, estate structure, income timing, charitable strategies, and entity planning into a cohesive tax approach.

Adjust as Laws and Life Change

Tax strategies are refined as legislation evolves, income shifts, markets move, and new opportunities arise.

Our Podcast

Financial Detox®

We built IDA to be the antidote to the financial toxicity found in the world. We share insights that are straight-forward, evidence-based, and grounded in experience.

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Insights to Guide
Tax Planning and Preparation

Podcast : Financial Detox®

Is This 2008 All Over Again? How to Handle Market Volatility in 2026

When prices rise for years, investors begin to feel invincible. But volatility starts creeping back into the headlines....

Podcast : Financial Detox®

The Retirement Tax Trap Most Investors Don't See Coming

A lot of investors save carefully but this well-meaning tactic can covertly result in a retirement tax trap.

Frequent Tax Planning Questions

Why combine tax planning with investments and financial planning?

Taxes influence nearly every financial decision. When tax planning is integrated with investments and financial planning, opportunities around timing, asset location, charitable strategies, and income management become clearer and easier to implement. Coordination creates financial and tax planning efficiencies and minimize unexpected outcomes.

What services does IDA Tax offer?

IDA Tax provides integrated tax planning, preparation, and filing services for individuals, families, businesses, trusts, estates, and nonprofit organizations. Services include proactive planning, multi-state filings, entity guidance, year-end strategy, and ongoing coordination with investment and planning teams.

How does year-round tax planning help?

Year-round tax planning allows decisions to be made proactively rather than reactively. By monitoring income, investments, and legislative changes throughout the year, planning can help reduce surprises at filing time and improve after-tax outcomes over the long-term.

Does IDA Tax support small businesses?

Yes. IDA advises business owners on entity structure, compensation strategies, deductions, and long-term planning considerations. Business tax strategies are aligned with broader financial and investment decisions to support sustainable growth and efficiency.

What if I have complex personal taxes?

IDA works with clients who have complex tax situations, including multiple income sources, equity compensation, real estate holdings, trusts, and multi-state exposure. Complexities are addressed through collaboration and ongoing planning rather than isolated, once-a-year filings.

What makes IDA Tax different from standalone tax preparers?

Unlike standalone tax preparers who focus primarily on filing, IDA integrates tax planning with investment strategy and financial planning. This coordinated approach provides broader context, better alignment, and more intentional decision-making throughout the year.

When should someone consider using IDA Tax?

Individuals and business should consider using IDA tax when their financial lives involve complexities from multiple income streams, long-term planning considerations, or navigating unique financial situations. Combining tax and financial planning becomes increasingly valuable as complexity grows.

How can we help you pursue better?

Financial peace of mind isn’t a slogan — it’s earned through clarity, discipline, and a partnership built on trust. Start the conversation with IDA and experience what it means to Pursue Better™.

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Founded in 2009, IDA Wealth was built on a core belief: independence leads to better advice and better outcomes.

Our Promise:
Institutional Thinking and Execution for Individual Investors

We serve those who want clear, independent, and coordinated financial guidance.

Resources designed to support clarity, confidence, and better planning.

Tax Planning and Preparation

Our in-house tax team delivers proactive tax planning so families and entrepreneurs can reduce inefficiencies and keep more of what they earn.