Traphagen CPAs & Wealth Advisors

Team Traphagen brought the holiday spirit in full force with some of the tackiest sweaters we've seen for our Ugly Sweater Contest! A big THANK YOU to everyone who participated, and a special congratulations to this year's winner, Christopher Fundora, CFP®, CRPS®, CPFA®, AEP®, for his over-the-top sweater with blinking lights! #TeamTraphagen #UglySweaterDay #HolidayCheer

Tax-Efficient Strategies for High-Net-Worth Portfolios Taxes can erode even the most successful investments if not carefully planned. High-net-worth individuals benefit from tax-optimized strategies, from asset placement to charitable giving. We help clients navigate: ✅ Tax-loss harvesting ✅ Strategic charitable contributions ✅ Asset location for tax advantages Smart investing goes beyond returns—it’s about keeping more of what you earn. h Let’s talk about how we can optimize your portfolio for tax efficiency. https://ow.ly/Tlze50UiIL0 #TraphagenCPAsWealthAdvisors

Warmest Holiday Wishes from Our Team to Yours May your holiday season be filled with laughter, peace, and all the things that make it magical. Cheers to a fantastic 2025 ahead!

We at Traphagen CPAs & Wealth Advisors would like to recognize and thank Alexander S. Macchio, CFP® for his hard work and dedication to our firm. Please join us in congratulating Alex on his ten-year anniversary with Team Traphagen! #TeamTrapahgen #WorkAnniversary

Unpaid invoices still on your books? There’s no better time to clear the slate. A friendly reminder can work wonders for your year-end cash flow. https://lnkd.in/dYZPUpFw

12 last-minute tax tips for 2024. The clock is ticking for important choices that could help lower your tax bill for 2024. Here are a dozen tax tips to consider before the end of the year to help you save on taxes and potentially keep more money in your pocket. https://ow.ly/oYgQ50UiIKN

Diversification: A Key to Resilient Portfolios High-net-worth investors often face a unique challenge: balancing growth with preserving wealth. We know that diversification is a cornerstone of successful investment strategies. By spreading investments across a range of asset classes, sectors, and geographies, you can mitigate risks while seizing growth opportunities. It’s not just about adding layers—it's about adding value. Want to learn how we tailor strategies to preserve and grow wealth? Connect with us today! https://lnkd.in/envkN5XT #TraphagenCPAsWealthAdvisors

Here's how your Social Security benefits are changing in 2025. Refer to this infographic for the changes that could impact you in the new year, including: • Maximum social security tax • Social Security and Medicare tax rates • Revenues and expenditures • Average retirement benefits https://lnkd.in/eNVfhB9M Contact us if you need help with financial planning. #TraphagenCPAsWealthAdvisors

Year-End Payroll Checklist for Your Business Ensure you comply with payroll regulations, avoid penalties, and prepare for the upcoming year. Here are several items to consider putting on your checklist. Start the new year with an accurate and organized payroll system. https://lnkd.in/eP6minfk #TraphagenCPAsWealthAdvisors

How can I shift my tax burden from one year to the next? If you can shift your income and expenses from one year to the next, you could create a net tax obligation for both years that might be lower than if you did nothing. https://lnkd.in/ePPqjtGx Here are six ideas to accomplish this. 1 - Know the rules. 2 - Load up your contributions. 3 - Leverage the cash basis concept. 4 - Stop working. 5 - Manage retirement plan distributions. 6 - Manage your stock and investment sales. But speak with our tax professionals before making any moves to ensure it is the right step for you. #TraphagenCPAsWealthAdvisors