Through our affiliated tax firm, Grimes S&C Tax Advisors, and with our external trusted outside CPA firms and other tax professionals, we help clients bring tax planning into the broader wealth management process. We believe these decisions should be considered together to support more coordinated financial decision making.
By facilitating closer coordination between your financial advisor, investment team, and tax professionals, we can identify potential opportunities, anticipate tax implications, and help you make more informed decisions throughout the year, not simply when it is time to file a return. This is also why we value our strong existing relationships with outside CPA firms, and we view this new offering as complementary to these partnerships.
Tax Services
Proactive Tax Planning: Evaluate potential tax implications before major financial decisions are made. Our team helps clients explore planning opportunities intended to manage current and future tax liabilities while supporting their broader financial goals.
Individual Tax Preparation: Preparation of federal and state income tax returns for individuals and families, supported by professionals who understand how investments, charitable giving, retirement income, business interests, and other financial considerations may affect your tax picture.
Business and Entity Tax Services: Tax preparation and planning for corporations, partnerships, and other business entities. Grimes S&C Tax Advisors can also help business owners assess how tax decisions may intersect with cash flow, compensation, retirement planning, and long-term business objectives.
Trust and Estate Tax Services: Preparation and planning support for trusts and estates, helping families and their advisors navigate tax reporting requirements and coordinate tax considerations with broader estate and wealth-transfer strategies.
Real Estate Tax Planning: Specialized guidance for real estate owners, investors, and developers, including planning related to depreciation, cost-segregation considerations, property management activities, and Section 1031 like-kind exchanges.
Nonprofit and Charitable Organization Tax Services: Tax preparation and compliance support for nonprofit organizations and private foundations, including the specialized reporting requirements that apply to tax-exempt entities.
Planning Beyond Tax Season
Tax planning is most effective when it is ongoing. Throughout the year, changes in your income, investments, family, business, or the tax environment may create new considerations. By incorporating tax professionals into the planning process, we can help you evaluate questions such as:
- How might a portfolio change affect my tax liability?
- Are there opportunities to make my charitable giving more tax-efficient?
- How should taxes factor into a business sale or liquidity event?
- What tax considerations should I anticipate as I approach retirement?
- How can my tax, estate, and investment strategies work more effectively together?
The objective is not simply to prepare for April. It is to help you make thoughtful, tax-aware decisions throughout your financial journey.
About Grimes S&C Tax Advisors
Grimes S&C Tax Advisors brings established tax, accounting, and advisory experience to Grimes & Company’s broader wealth management offering. As our in-house tax capability, the Grimes S&C team works alongside our advisors while maintaining the specialized expertise required to address complex individual, business, trust, estate, real estate, and nonprofit tax matters.
Together, we offer clients a more connected and integrated approach to managing and simplifying the complexities of their financial journeys.
Whether you are looking for ongoing tax planning, assistance with tax preparation, or a more coordinated approach to your wealth and tax strategies, your Grimes & Company advisor can help you determine the right next step.
Important Disclosures:
Grimes S&C Tax Advisors, LLC (“Grimes S&C”) is an affiliate of Grimes & Company. Tax preparation and tax advisory services are provided by Grimes S&C in its separate capacity pursuant to a separate engagement and separate fee and are not included as part of Grimes & Company’s investment advisory services unless expressly stated otherwise. Because Grimes S&C is an affiliate, Grimes & Company has a financial interest when clients engage Grimes S&C for tax services. Clients are not required to use Grimes S&C and may engage any tax professional of their choosing. The availability of tax services does not guarantee any particular tax, investment, or financial outcome. Additional information regarding the services and fees of Grimes & Company and Grimes S&C is available in their respective disclosure documents. A copy of Grimes & Company’s current written Brochure discussing our advisory services and fees is available at https://www.grimesco.com/form-crs-adv/