Tax-Aware Wealth Management

Your tax return is a financial fingerprint.

Most CPAs prepare your taxes. We plan around them. Using advanced tax analysis technology, we read every line of your return and translate it into multi-year planning opportunities to review with you and your CPA.

75+
Opportunities Scanned
CFA
Charterholder
Multi-Year
Strategy
CPA Coordination
The Difference

Tax preparation looks back. Tax-Aware Planning looks forward.

Your CPA handles compliance. We focus on forward-looking strategy. Together, we work as a coordinated team.

Tax Preparation

  • Files your return after year-end
  • Reports what already happened
  • Focuses on current year deductions
  • Reactive compliance

Tax-Aware Planning

  • Multi-year bracket management
  • Roth conversion timing
  • Loss harvesting & gain deferral
  • Proactive optimization
The Ecosystem

Every dollar connected.

We integrate every tax decision into your broader wealth plan. See Wealth Management

360°
Tax Efficiency
Asset
Location
Roth
Strategy
Bracket
Management
Withdrawal
Order
Gain/Loss
Harvesting
Charitable
Giving
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We read between the lines.

Using specialized OCR technology, we securely scan your tax return to identify over 75 specific planning opportunities, from missed deductions to RMD reduction strategies. Your documents are processed through encrypted channels.

Upload Your Return
Strategies We Deploy

Actionable insights.

Tax planning is one of the core subject areas of the CFP® certification curriculum. Chris Milligan holds the CFP® certification and works alongside your CPA on the strategies below. Meet the Team

CFP Board owns the certification mark CFP® in the U.S.

Roth Conversions

We identify "valley years" where your income is lower to convert IRA assets at reduced tax rates. Our scenario modeling shows you the estimated dollar impact, so you can convert with a documented projection rather than guesswork.

Four Scenario Models We Run
Roth ConversionsConverting IRA assets in a lower-income year, with the estimated tax cost modeled before you decide.
Qualified Charitable DistributionsDirecting IRA distributions to charity from age 70 and a half, so the amount is excluded from taxable income.
Schedule CFor the self-employed, modeling how business income, retirement plan contributions, and deductions interact.
Donor-Advised FundsGrouping several years of charitable giving into a single year to clear the standard deduction threshold.

Each model sets two scenarios side by side so you, your CPA, and our team can review the estimated tax impact of a decision before it is made rather than after.

Sample analysis shown with hypothetical data for illustration purposes only. Scenario descriptions are general in nature and are not tax advice. All tax strategies should be reviewed with a qualified tax professional.

Scenario Analysis
Roth Conversion: Estimated Taxes
Tax Year 2025 • Current Law • 2.00% Inflation
Scenario 1
Change
W/ Roth
Wages
$291,478
-
$291,478
Roth Conversion
$0
+$49,000
$49,000
Total Income
$291,478
+$49,000
$340,478
Schedule 1 Deductions
$0
-
$0
Adjusted Gross Income
$291,478
+$49,000
$340,478
Standard Deduction
$31,500
-
$31,500
Taxable Income
$259,978
+$49,000
$308,978
Credits Applied
$4,400
-
$4,400
Total Tax
$44,684
+$11,760
$56,444
Ordinary Marginal Bracket
24.0%
-
24.0%
LT Capital Gains Bracket
15.0%
-
15.0%
Effective Rate
17.2%
+1.08%
18.3%

IRMAA Planning

We help you plan around Medicare surcharges by managing your Modified Adjusted Gross Income (MAGI) through strategic income timing and bracket management.

Asset Location

Placing high-yield assets in IRAs and growth assets in brokerage accounts to help minimize ongoing tax drag across your portfolio.

Get Started

Your return has a story. Let's read it.

Schedule a complimentary review to see what opportunities might be hiding in your 1040.

Ashwood Financial Partners · Richmond, Virginia
CFA Charterholder
AIF® Designee
Fiduciary
Independent
Tax-Aware Planning
CommunityVotes Richmond 2025 Platinum Winner

CommunityVotes Richmond 2025 Platinum Winner. Award based on community voting; not indicative of future performance or an endorsement by any regulatory body. CommunityVotes is not affiliated with Ashwood Financial Partners or Kestra Investment Services.