Wealth manager tax coordination
Tax Planning Support for RIAs and Wealth Managers
A tax coordination resource for advisory teams that want clearer CPA involvement before client decisions reach filing season.
Averkamp CPA Group can help advisors and clients translate planning questions into tax projections, preparation workflows, filing-position review, and documentation requests without giving investment advice.
Best fit
RIA firms, wealth managers, and clients who need CPA coordination around income timing, estimated taxes, retirement distributions, charitable giving, K-1s, or complex filing facts.
What we help clarify
Advisor and client questions this page addresses
- What tax records should the client gather before year-end planning?
- Does the client need a tax projection before a portfolio, retirement, or income-timing decision is implemented by the advisor?
- Which items should be reviewed by the CPA before the tax return is prepared?
- Where could missing documentation create avoidable filing-season delays?
Tax projection support
Estimate federal and state tax effects using client-supplied facts, income, withholding, estimated payments, and expected transactions.
Filing-position review
Review whether the records available support the tax treatment being considered for return preparation.
Advisor coordination
Help advisors and clients organize the tax information needed before tax season, liquidity events, or retirement-income decisions.
Tax records
Information that usually matters before a filing position is reviewed
- Most recent individual, trust, business, and state tax returns when applicable.
- Current-year pay stubs, retirement distributions, estimated payments, and withholding details.
- Realized gain and loss reports, Forms 1099, K-1 estimates, charitable records, and business sale documents.
- Advisor summaries that identify the question to be reviewed without asking the CPA to recommend investments.
- Prior-year carryovers, passive activity schedules, capital loss carryovers, AMT items, and basis schedules.
CPA coordination process
How the review typically works
- Confirm the tax question and define whether the work is preparation, projection, documentation, or filing-position review.
- Request records that support the tax issue and identify missing information early.
- Prepare a tax projection or filing-position review based on the client facts supplied.
- Coordinate next-step questions with the client and advisor while keeping investment decisions with the advisor.
Frequently asked questions
Can a CPA help an advisor evaluate tax impact without giving investment advice?
Yes. The CPA can review tax consequences, records, projections, and filing positions while the advisor remains responsible for investment recommendations and portfolio decisions.
When should an advisor bring a CPA into the process?
Before year-end transactions, retirement distributions, Roth conversions, large charitable gifts, business sales, K-1 reporting issues, or any event where taxes may affect cash needs.
Does a projection guarantee the tax shown on the final return?
No. A projection is based on assumptions and records available at the time. Final tax can change when actual Forms 1099, K-1s, business results, credits, deductions, and state rules are known.
Authoritative tax references
IRS resources commonly used in this review
These IRS resources are starting points for the tax rules and forms involved. A client-specific filing position still depends on the client records and full facts.
Related advisor resources