Topic: Tax Smart Strategies for Business Owners and Individuals

Speaker:  Mike Garmone, CRPC^®, CexP, Partner and Wealth Advisor with Carson Wealth
 

Presentation

- Long-Short SMA (Separately Managed Account) Investment strategy seeking excess returns while deferring gains and realizing tax losses
- DAF - Donor Advised Fund - You contribute assets, take the tax deduction right away, and then recommend grants to charities over time, whenever you like. A DAF can help to offset a portion of AGI for up to 5 years depending on the size of the DAF contribution.
- QCD - Qualified Charitable Donation - Send funds directly to a charity from an IRA. Funds are not taxed. Must be over 70 1/2

Speaker's bio:

Mike is the Owner of Carson Wealth in Gilbert AZ.

His team focuses on holistic wealth management, which integrates retirement planning, estate strategies, insurance, charitable giving, and business interests into a single cohesive plan. Tax planning sits at the heart of that process. We look for opportunities to reduce your lifetime tax burden through strategies like Roth conversions, tax-loss harvesting, long-short strategies and charitable gifting vehicles such as Donor Advised funds, and Qualified Charitable Donations.