Tax Planning and Coordination for Families and Business Owners
Aligning Finances With Tax Strategy
At Crane Capital Management, tax planning isn’t an afterthought—it’s a core part of
every financial decision. While we don’t prepare tax returns, we collaborate closely with your CPA to develop strategies that minimize taxes now and over time. A proactive plan can make the difference between keeping more of what you earn or losing opportunities.
Strategies That Strengthen Your Financial Picture
Investment decisions
Tax-efficient investing means placing the right assets in the right accounts and using strategies like tax-loss harvesting when markets dip. We help align portfolios with both goals and tax realities.
Retirement distributions
Deciding whether to draw from IRAs, 401(k)s, or taxable accounts first has lasting tax implications. We structure withdrawals to help manage tax brackets over decades of retirement.
Roth conversions
Converting pre-tax savings in lower-income years can reduce future tax burdens. We evaluate timing and amounts to identify opportunities.
Business owner considerations
For business transitions, we work alongside CPAs on ways to structure sales, spread income across years, or make use of exclusions where available.
Estate and gifting
Minnesota’s estate tax can affect families earlier than federal thresholds. Coordinating with estate attorneys, we incorporate gifting, trusts, or charitable strategies into long-term plans.
Managing Taxes Through Every Stage of Retirement
Retirement doesn’t end tax concerns—it reshapes them. We guide clients through Required Minimum Distributions (RMDs), Social Security timing, and healthcare planning so taxes don’t erode retirement income. Strategies such as Qualified Charitable Distributions (QCDs) from IRAs can reduce taxable income while supporting causes you care about. By reviewing your situation each year, we help keep retirement income steady and tax-efficient.
