Tax Planning & Tax-Efficient Investing with Veritas Wealth Management

At Veritas Wealth Management, we specialize in tax planning and tax-efficient investing, offering personalized strategies to help you minimize tax liabilities while maximizing your financial outcomes. As a CPA-led firm based in Salt Lake City, we bring a unique depth of expertise to wealth management, focusing on strategies that align with your financial goals and values.

Why Choose a CPA-Led Financial Advisor?

Navigating the complexities of the tax code can feel overwhelming, but that’s where we come in. As both a Certified Public Accountant and a seasoned financial advisor, I, Troy Knighton, am uniquely qualified to guide you through intricate financial decisions. Unlike standard advisors, my CPA training equips me with advanced tools to craft strategies that defer, minimize, or eliminate taxes where possible.

Whether you’re an individual planning for retirement, a family managing generational wealth, or a business owner optimizing financial systems, having a CPA-led advisor ensures that tax implications are seamlessly integrated into your broader financial plan.

All your assets are controlled by you and held in your name by our independent custodian, Schwab Institutional or Fidelity Institutional. I receive no compensation from them. You can check your portfolio 24/7 on their website. I will have limited power of attorney to execute transactions on your behalf.

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Comprehensive Tax Planning

Effective tax planning is about more than just minimizing your tax bill for the year. It’s a proactive, forward-thinking process that considers the long-term impact of your financial choices. At Veritas Wealth Management, we take a detailed approach, ensuring every aspect of your financial life is structured for tax efficiency.

Here are a few areas we focus on:

Roth IRA and Roth 401(k) Strategies

Roth accounts are powerful tools for building tax-free retirement income. We’ll help you determine whether a Roth IRA or Roth 401(k) makes sense for your financial situation. By contributing after-tax dollars now, you can enjoy tax-free withdrawals in retirement—a significant advantage for high-income earners or those expecting higher tax rates in the future.

Estate and Trust Tax Planning

Planning your estate involves more than deciding who gets what. We design strategies to transfer wealth efficiently while minimizing the tax burden on your heirs. Our expertise in trust structures can further shield your assets and align with your legacy goals.

Business Tax Strategies

As a tax planner near you, I work closely with Salt Lake City business owners to optimize entity structures, manage depreciation schedules, and capitalize on available tax credits. These strategies can significantly improve cash flow and long-term financial stability.

Tax-Efficient Investing: Keeping More of What You Earn

Investing isn’t just about generating returns—it’s about keeping those returns. Tax-efficient investing ensures that your portfolio is structured to minimize unnecessary tax erosion. At Veritas Wealth Management, we employ a variety of strategies to help clients reduce taxable events and increase after-tax returns.

Key strategies include:

Tax-Loss Harvesting

By strategically selling underperforming investments, we can offset gains elsewhere in your portfolio. This approach helps reduce your taxable income while maintaining your desired asset allocation.

Asset Location Optimization

Not all investments are created equal when it comes to taxes. We help you place tax-inefficient assets like bonds and REITs in tax-advantaged accounts, such as IRAs or 401(k)s, while reserving taxable accounts for growth-oriented stocks.

Municipal Bonds and Dividend Strategies

Investments like municipal bonds can provide tax-free income at both federal and state levels, depending on where you live. Meanwhile, qualified dividends often enjoy preferential tax rates compared to ordinary income.

Personalized Advice from a Trusted Tax Planner Near You

Choosing the right advisor is about trust and expertise. Located in the heart of Salt Lake City, Veritas Wealth Management offers local clients a personal connection with global financial insights. When searching for a tax planner near me, you’ll find that our approach goes beyond spreadsheets and numbers—we focus on empowering you to make informed decisions.

The Benefits of Roth Accounts: Roth IRA & Roth 401(k)

The decision between a Roth IRA and a Roth 401(k) depends on your unique financial situation. At Veritas Wealth Management, we guide you through the benefits and considerations of each option:

Roth IRA: Ideal for individuals seeking flexibility and tax-free growth, Roth IRAs come with income limits but offer penalty-free withdrawals for contributions at any time.
Roth 401(k): For employees with access to a Roth 401(k) through their employer, these accounts allow for higher contribution limits and potential employer matching while still offering tax-free growth and withdrawals.

We also explore Roth conversions, a strategy that can be especially beneficial during years of lower taxable income, ensuring you capitalize on opportunities to reduce future tax liabilities.

Why Veritas Wealth Management?

My passion for financial planning is rooted in a desire to help clients avoid costly mistakes and achieve their long-term goals. At Veritas Wealth Management, I take pride in delivering tax-efficient investing strategies and comprehensive tax planning solutions tailored to your needs. Whether you’re building wealth, protecting your legacy, or planning for retirement, I am here to guide you every step of the way.

Outside the office, I strive to live a life of adventure, exploring the great outdoors with my wife and two daughters. This commitment to balance and intentional living translates directly into how I approach wealth management: with care, precision, and a dedication to what truly matters.

Schedule Your Consultation Today

If you’re searching for a tax planner near me or looking to enhance your financial strategy with tax-efficient investing, Veritas Wealth Management is here to help. Contact us today to schedule a consultation and take the first step toward a more secure financial future. Together, we’ll craft a plan that allows you to focus on what you love, knowing your finances are in expert hands.