A thorough review of your portfolio may determine if you need to makes changes ranging from the amount you need to invest or perhaps to move into another company or industry.

Changes in Your Personal Situation

Your personal situation may have changed in the last year. For example, you may want to add to your investment portfolio to take advantage of changes in the financial market, reduce your investment to add more income to support monthly living expenses, or place your money into companies you don’t already have.

Industry Investments

If you have made a significant investment into a particular industry, for example automobile manufacturers, you need to have a resource that keeps on top of the industries in which you are invested. This can be a daunting task for individuals but professionals keep abreast of changes you may not even be aware of yet.

Assessing Your Tax Picture

Taxes are a huge consideration in your personal financial plan. You must pay taxes, of course, but many tax advantages exist to help you reduce your tax burden. Changes in tax law occur all the time, so it’s in your best interest to have a qualified tax professional evaluate you tax picture. Also, changes in your personal situation may affect your tax picture and save you money.

Your Next Step

We at Li, Friezen & Grossetta, CPAs, PC, a premier certified public account firm in Tucson, have the expertise in all investment and tax areas to help you grow your financial future. We represent individuals as well as companies and offer free consultations.

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