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Home   /   Services   /   Tax Planning

  • Services
  • Benefit Planning
  • Business Owner Services
  • Educational Planning
  • Estate Planning and Wealth Transfer
  • Executive Benefit Strategies
  • Insurance and Risk Management
  • Long-term Care and Elder Care Planning
  • Organizational Services
  • Retirement Planning
  • Tax Planning
  • Wealth Management

Tax Planning Services

Take the stress out of tax planning.

Tax planning should be an integral part of your overall financial planning. But when you aren’t working in the world of taxes every day, keeping up with the latest tax laws can be exhausting.

Your financial advisor at Greater Midwest Financial Group has the expertise and resources to take care of it for you. We’ll work closely with your accountant and tax advisors to develop an individual, multi-year strategy that minimizes your taxes. Through deductions, retirement contributions, tax-efficient investment strategies and more, we’ll help you reduce your overall taxes paid and manage your income to grow your net worth over time.

Profit from tax savings opportunities.

We incorporate tax nuances into every part of your financial plan. By staying well-informed about current tax laws, we’ll maximize your tax savings opportunities in areas like:

  • Education funding
  • Retirement plan funding
  • Medical insurance and out-of-pocket costs
  • Asset transfers
  • Gifting strategies
  • Tax loss harvesting on non-retirement assets
  • Proper ownership of income and non-income producing assets

Simplify your Roth IRA.

To shift your deductions and reduce your taxes, we utilize information from multiple tax years. In certain situations we also match gains and losses, accelerate income and convert your retirement assets to Roth IRAs.

Contact GMFG for more information about our tax planning services.

Converting a traditional IRA to a Roth IRA is a taxable event and could result in additional impacts to your personal tax situation, including the taxation of current Social Security benefit payments. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.

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MSPWM 2023 Five Star Wealth Manager
Greater Midwest Financial Group, LLC
3222 Rice Street
St. Paul, MN 55126
651-490-9790
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Check the background of this firm on FINRA's BrokerCheck.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Greater Midwest Financial Group, LLC is not affiliated with Kestra IS or Kestra AS. Neither Kestra IS nor Kestra AS provide legal or tax advice. View Investor Disclosures.

This site is published for residents of the United States only. Registered Representatives of Kestra IS and Investment Advisor Representatives of Kestra Advisory Services, LLC may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact our Compliance Department at 844-553-7872.

To receive the 2023 Five Star Wealth Manager award, researched and managed by Five Star Professional, a wealth manager must meet 10 objective eligibility and evaluation criteria associated with wealth managers who provide quality services to their clients. 4080 wealth managers in the Twin Cities area were considered for the award. 633 were named 2023 Five Star Wealth Managers which represents 14% of the total candidates in the area. Wealth managers do not pay a fee to be considered or placed on the final list of the 2023 Five Star Wealth Managers. The Five Star award is not indicative of the wealth manager's future performance.

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