June 2, 2021

You just filed your taxes… Now What?

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Now that the May 17 deadline has come and gone, there is no time
like the present to begin looking for ways to reduce your 2021 tax bill.


Are you in a lower tax bracket than last year? Consider a Roth IRA conversion for a piece (or all) of your IRA.
If you have a Flexible Spending Account, check the balance to make sure you are on track to use it completely. You can only carry over $500 into 2022 and any unused money will be lost. Check your plan for specific rules.
Take a look at your dividends on your tax return. Qualified dividends get better tax treatment than non-qualified. Are there ways to reposition your investments to get higher participation in qualified dividends?
If you received a refund, consider directing it to a 529 College Savings Plan for your children or grandchildren.
How will the proposed income and estate tax changes impact you? The new legislation will affect more than just ultra-wealthy individuals and business owners. The need for proper planning is more important than ever.

Interested in learning more?

Call or email today to discuss these strategies.


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Galina Berkovich, CPA
Partner/ Woodland Hills, Beverly Hills
DK Wealth Management LLC
21600 Oxnard Street, Suite 2000
Woodland Hills, CA 91367

Tel 818-385-0585

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Suzie Korth, EA
Partner, University Heights
DK Wealth Management LLC
4304 Park Blvd.
San Diego, CA 92103

Tel 619-295-2637

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Kristopher Lindley, CFP®
Financial Consultant
DK Wealth Management LLC
12555 High Bluff Drive, Suite 210
San Diego, CA 92130

Tel 619-550-4619

DK Wealth Management LLC | La Jolla | University Heights | Woodland Hills | Beverly Hills

Investment advice offered through Integrated Financial Partners, doing business as DK Wealth Management LLC, a registered investment advisor. DK Wealth Management LLC and its individual partners are solicitors to Integrated, compensated for solicitor services. DK Wealth Management LLC and its individual partners do not provide investment advice. DK Wealth Management LLC and its individual partners are not affiliated with Integrated Financial Partners. Click on the links for a copy of the firm’s ADV and solicitor disclosure statement.

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