Tax season isn’t just about filing. It’s the best time of year to figure out what went wrong — and what you can still fix before it happens again next year.
If you’re a high earner, a business owner, or someone sitting on concentrated equity, the tax code is either working for you or against you. There’s rarely a middle ground.
A few things worth reviewing right now:
Roth conversion opportunities. If your income was lower in 2025 than you expect it to be going forward, there may be a window to convert IRA dollars to Roth at a lower rate. That window closes once your income climbs.
Capital gain timing. Did you take gains last year that could have been harvested differently? Are there positions with embedded losses you’ve been holding onto that could offset future gains? This is the kind of coordination that compound over time.
Business owner deductions. If you own a business and you’re not maximizing a defined benefit plan, SEP IRA, or Solo 401(k), you’re leaving real money on the table — dollars that could be invested for your retirement instead of sent to the IRS.
We work closely with your CPA to make sure the investment strategy and the tax strategy are actually talking to each other. If they’re not, you’re probably paying more than you should.
April 15th comes every year. How prepared you are for it is a choice.
For informational and educational purposes only. Not investment, tax, or legal advice. Lake Hills Wealth Management is a Registered Investment Advisor registered with the Securities and Exchange Commission. Registration as an investment adviser does not imply a certain level of skill or training. Our current Form ADV, Part 2A is available at adviserinfo.sec.gov.