Tax Planning & CPA Services

"I've saved diligently for decades. Now I want to keep as much of my money as possible instead of sending it to the IRS."

This sentiment echoes what we hear from many of our clients. The truth is, without proper tax planning, even well-funded retirement accounts can be significantly diminished by taxes.

Our tax planning team, including our in-house CPA, understands that taxes are often one of the largest expenses in retirement.

Many retirees we work with are surprised to learn that traditional tax preparation—what most people do each April—only captures a fraction of the tax-saving opportunities available with proper year-round planning.

Most financial advisors focus primarily on investment growth. In our experience, focusing on tax efficiency often provides more certain results. Here's how our approach can help you keep more of what you've earned:



Roth Conversion Analysis: "Should I convert some of my traditional IRA to a Roth?" It's one of the most common questions we hear. Rather than giving a one-size-fits-all answer, we analyze your specific situation to determine if Roth conversions make sense, when to do them, and in what amounts. For many clients, this strategic approach to "pre-paying" taxes can save thousands over their lifetime.

Tax-Efficient Withdrawal Sequencing: Having different types of accounts—IRAs, Roth accounts, taxable investments—creates opportunities to strategically withdraw from the right accounts at the right time. Our in-house CPA helps develop a customized withdrawal plan that can potentially reduce your tax burden throughout retirement.

Required Minimum Distribution (RMD) Planning: Many clients are shocked by the tax impact of mandatory withdrawals after age 73. We help you prepare for and potentially minimize these tax consequences through strategies like qualified charitable distributions, strategic Roth conversions before RMDs begin, and coordinated withdrawal planning.

Tax Loss Harvesting: Market downturns, while emotionally challenging, can present tax-saving opportunities. We identify potential tax losses that can offset gains and potentially reduce your overall tax burden—turning market lemons into tax lemonade.

"I already have a tax preparer. Why do I need tax planning from my financial advisor?"



It's a fair question. The difference lies in coordination and proactive planning versus reactive preparation:

Coordinated Expertise: When your CPA and financial advisor work under the same roof, you avoid the all-too-common situation where your left hand doesn't know what your right hand is doing. Investment decisions, retirement withdrawals, and tax planning work in harmony rather than conflict.

Proactive vs. Reactive: Most tax preparers are focused on accurately reporting what already happened last year. Our integrated approach looks forward—identifying opportunities to minimize taxes before decisions are finalized and transactions occur.

Retirement-Specific Knowledge: Our tax planning centers specifically on the unique challenges retirees face. From Social Security taxation to Medicare premium thresholds, from Required Minimum Distributions to estate tax considerations—we focus on the tax issues that matter most in retirement.

Many of our clients tell us that the peace of mind from having coordinated tax and financial planning is invaluable. They no longer worry about making financial moves that trigger unexpected tax consequences.

When it comes to retirement tax planning, Leonard Financial Solutions offers distinct advantages:

True Integration: Unlike firms that merely "collaborate" with outside CPAs, our in-house tax expertise means seamless coordination between your investments, income planning, and tax strategy.

Fiduciary Standard: As fiduciaries, we're legally obligated to put your interests first—always. Our tax recommendations are based solely on what benefits you, not what generates commissions or fees for us.

Retirement Tax Specialization: Our focus on retirement-specific tax strategies means we understand the nuances of RMDs, Social Security taxation, healthcare surtaxes, and other tax challenges that specifically affect retirees.



Practical Implementation: We don't just provide theoretical advice—we help you implement tax strategies in a way that's practical and fits your overall financial picture.

While Jonathan is based in Moorestown, Leonard Financial Solutions proudly offers comprehensive tax planning services across the state and nationwide, ensuring clients throughout the United States can access top-tier financial guidance.

"I know I should be more tax-efficient with my retirement accounts, but where do I even begin?"

We hear this question frequently, which is why we've created a straightforward process to help you take control of your tax situation:

Schedule a No-Cost Conversation: It all begins with a friendly discussion—either in our Moorestown office or virtually from the comfort of your home. No need to gather all your tax documents upfront. We'll simply discuss your current situation and concerns about retirement taxation.

Tax Efficiency Analysis: After understanding your specific circumstances, our team including our in-house CPA will analyze your current and projected future tax situation to identify potential saving opportunities you might be missing.

Clear Recommendations: You'll receive specific, actionable recommendations explained in plain English—not technical jargon or vague suggestions. We'll outline exactly what steps to take and what benefit each strategy provides.



Many of our most satisfied clients tell us they wish they'd addressed tax planning earlier in their retirement journey. The potential tax savings over your retirement lifetime can be substantial—often tens or even hundreds of thousands of dollars.