Income Tax Planning

Elevate your value. Empower your clients.

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Taxes can be one of the biggest obstacles to your client’s financial success. Whether they’re high-net-worth individuals or business owners, navigating complex tax rules without a proactive strategy can result in clients missing opportunities or incurring unnecessary costs.

Many tax professionals focus solely on compliance — filing returns and meeting deadlines — without optimizing for long-term savings. That’s where you can stand out. By offering strategic tax planning, you provide value your clients aren’t getting elsewhere.

Boost Your Value with Proactive Tax Planning Support

Tax planning isn’t just about reducing liabilities. It’s about helping clients make smarter decisions that impact their entire financial picture. With the right support, you can:

Maximize clients’ financial efficiency
Strengthen client relationships
Expand your role beyond investment management

But tax codes are complex, and most advisors don’t have the time or resources to master intricate tax laws or navigate changing regulations. That’s where LPL’s tax planning services comes in.

Partner with LPL’s In-House Tax Planning Specialists

Tax Planning Services acts as an extension of your team, giving you access to experienced CPAs and tax attorneys who specialize in tax strategies designed for wealth preservation and growth. You can bring a new level of expertise to your clients — without needing to become a tax specialist yourself. You get the insights, strategies, and analysis to help you deliver exceptional service and elevate your value.

What you get:

Personalized Insights

Plans go far beyond generic tax software, providing your clients nuanced guidance.

Deep Expertise

Experienced CPAs and tax attorneys simplify complex strategies.

Seamless Collaboration

Your tax planning CPAs become a part of your team for an integrated financial approach.

Lean Into Holistic Planning

Get specialized tax guidance whenever you need it.

“We consider the Tax Planning Services team as part of our team. We know most clients and their CPAs will likely want to vet us. We feel confident saying that ‘we do this now’ and know it differentiates us. So much so, that we just added our Tax Planning to our website!”

- Brian Beasley, Structure Financial Group, LLC

Give Your Clients Smarter Tax Solutions

Tax Planning Components

As part of the collaborative process, you’ll receive:

Tax Opportunity Review – Identifying potential tax savings strategies for your client
Projection and Impact Modeling – Assessing long-term benefits of various tax approaches and providing guidance on business sales, tax attributes, and deductions
Rules & Regulations Research - Navigating complex federal and state tax codes to inform strategy development
Strategy Development - Creating customized strategies focused on objectives like accelerating deductions, deferring income, and managing tax attributes to potentially lower effective tax rates
Client-Ready Deliverables – Simplifying explanations and providing you recommendations for your client discussion

FAQs

Which of my clients would benefit the most from Tax Planning Services?

While many of your clients would benefit, business owners and high-net-worth individuals who have sophisticated tax needs have the most to gain from a comprehensive tax plan.

We work with you to review your book and identify clients who have specific personal, employment, and investment characteristics that help determine if they may benefit from tax planning.

Then, on agreement to engage, we create a tax plan customized for each client on a case-specific basis.

How do I know what level of tax planning my client needs?

Tax Planning Services will work closely with you to understand your clients’ goals and the specifics of their situation. Then we’ll review and indicate whether there is an opportunity to minimize certain clients’ future tax liability, while also determining the level of engagement needed.

Who presents the tax plan and answers clients' questions?

It’s up to you. Some advisors ask our tax planning team to co-present the plan to their clients in partnership with them, while others simply want to consult with us prior to the client presentations. Regardless of who presents, we’ll be available to guide you and answer your clients’ questions throughout the process.

Get Started

Ready to enhance your services with experienced tax planning? Schedule a consulation today by emailing Planning Services at [email protected] or click the “Schedule a Consultation” button to explore how you can further elevate your wealth management services.

Schedule a Consultation

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