Financial Planning Briefs


Tax Planning


Don’t Allow Tax Reform To Create Complacency

Last year’s tax preparation season was the first following passage of the 2017 Tax Cuts and Jobs Act.  Individual tax reform implications, including doubling the standard deduction and imposition of a $10,000 state and local tax deduction (SALT) cap, have been widely discussed.  As expected, the number of filers itemizing deductions in 2018 dropped significantly from roughly 45 million to 18 million.

While tax planning may have gotten a lot simpler for most, there are still many important items to consider heading into year-end.  Acting now can help reduce your near and longer-term tax burdens.




What Factors Should I Consider?


Our Recommendations

Be proactive.  Informed tax planning is essential to efficiently managing current obligations as well as the amount of your wealth that can be shielded from future estate taxes.  Working closely with your tax advisor and portfolio manager can make a big difference.  Reach out and let’s plan together.


How can we help you?  Please contact:
Jim O’Neil, Managing Director, 617-338-0700 x775
[email protected]


This commentary reflects the opinions of Appleton Partners based on information that we believe to be reliable. It is intended for informational purposes only, and not to suggest any specific performance or results, nor should it be considered investment, financial, tax or other professional advice. It is not an offer or solicitation. Views regarding the economy, securities markets or other specialized areas, like all predictors of future events, cannot be guaranteed to be accurate and may result in economic loss to the investor. While the Adviser believes the outside data sources cited to be credible, it has not independently verified the correctness of any of their inputs or calculations and, therefore, does not warranty the accuracy of any third-party sources or information.  Specific securities identified and described may or may not be held in portfolios managed by the Adviser and do not represent all of the securities purchased, sold, or recommended for advisory clients. The reader should not assume that investments in the securities identified and discussed are, were or will be profitable. Any securities identified were selected for illustrative purposes only, as a vehicle for demonstrating investment analysis and decision making. Investment process, strategies, philosophies, allocations, performance composition, target characteristics and other parameters are current as of the date indicated and are subject to change without prior notice. Registration with the SEC should not be construed as an endorsement or an indicator of investment skill acumen or experience. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal.
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