TAX PLANNING

Tax Planning is an essential part of your financial plan

Get help from Next Gen, a professional finance coach with advanced experience on wealth and financial scaling. Let’s explore how we can assist you in planning for all aspects of your taxes.

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— Tax Exemptions

Enhance Your Tax Deductions

Working with a financial advisor can help you get more out of your taxes than simply submitting return filings on your own. A financial advisor can look at your finances with an informed and strategic eye, identifying deductions and credits which you may otherwise be unaware of or not take full advantage of. In addition, a financial advisor can ensure that filing deadlines are met, furthering the goal of maximizing any deductions or tax savings available in order to reduce your overall burden. Going forward, their advice and guidance can aid you in taking long-term measures to continue saving money on taxes.

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High Impact Results

250+

SATISFIED CLIENTS

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CLIENT SUCCESS

5M+

SATISFIED CLIENTS

— TAXES —

Consulting services for
managing your taxes

Tax Bracket

Save money, time, and no longer stress with us managing your taxes for you. Not only will we help you maximize your deductions and utilize any existing credits or incentives, but we can provide advice on investments that might be beneficial for you in the long-term.

IRA Conversions

Being well-versed in IRA conversions, allows individuals to convert traditional individual retirement accounts of any size into Roth IRAs without incurring taxes or fees from IRS penalties. By utilizing Next Gen’s expertise, clients can rest assured that their IRA conversion will be maximized.

Maximize Income

We provide invaluable guidance and security, especially for those who are feeling overwhelmed by the process of saving or making their money work for them. We are experts at analyzing investment opportunities and assessing risk levels.

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Find San Diego Fiduciary Services at Next Gen Financial Planning

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At Next Gen Financial Planning, we understand the importance of finding a trusted fiduciary to manage your finances. Our team of experienced financial advisors in San Diego are dedicated to providing fiduciary services that align with our clients’ best interests. We believe that every client deserves personalized attention and a comprehensive financial plan tailored to […]

How Much Does A Financial Advisor Cost Per Year?

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The cost of a financial advisor can vary depending on several factors, including the amount of assets being managed, the complexity of the services needed, and the compensation model of the advisor. At NextGen Financial Planning, for instance, we operate on a fee-only model, which means we charge a flat rate or a percentage of […]

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San Diego, with its idyllic weather, stunning beaches, and vibrant cultural scene, offers a paradise-like setting for those looking to enjoy their golden years. From leisurely strolls along the famous boardwalk of Pacific Beach to exploring the historic Gaslamp Quarter, this city provides a diverse range of recreational activities for every interest. However, to ensure […]

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Tax Planning Process

— TAX SERVICES

Have a Tax Plan that Stands the Test

Next Gen makes it simple to have your taxes taken care of without any hassle – with an effective plan that fits every client’s needs. Having a reliable source like them on your side will give you the freedom to focus on more important tasks knowing that everything is being handled by a professional team. Next Gen not only takes away the stress of preparing taxes, but also gives clients peace of mind that their financial needs are being met.

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Frequently Asked Questions

Financial advisors are experienced professionals who can help clients get a handle on their financial health. Not only do they provide comprehensive advice in the area of taxes, but also specialize in resolving tax issues and planning ahead for future ones – including estate and trust returns.

When it comes to taxes and finances, the best bet is always consulting the pros. Certified Public Accountants (CPAs) are invaluable resources for navigating tax planning while Certified Financial Planners (CFPs) provide sound guidance on financial advice – sometimes they even offer a combination of both!

CPAs have specialized skills such as bookkeeping, tax preparation and auditing, allowing them to assist with more technical financial needs. On the other hand, CFPs focus on overall financial planning and providing advice for retirement planning and investments. Which certification is better for you depends entirely on your financial goals— if you need help with filing taxes or analyzing your current finances, a CPA is what you’re looking for; however, if you want advice and assistance on developing long-term wealth management plans then working with a CFP may be better suited to your needs.

If you possess substantial wealth, a wealth advisor could be the key to unlocking your personal fortune. These professionals specialize in helping affluent individuals maximize their financial success and ensure they have adequate resources for years to come – potentially ensuring millions of dollars remain within the family legacy!

When meeting with a financial planner, it is important to ask the right questions. First, inquire about their credentials and experience. Make sure they are licensed and experienced in the field of financial planning. Additionally, understand their fee structure and if they offer any additional services as part of their services package. Ask them what strategies they feel confident employing to grow your savings or investments portfolio in a safe yet profitable manner. Also find out their process for managing decisions when it comes to changes in the market in order to protect your finances. Asking all of these questions will help you make an informed decision about your financial future.