Continuous Monitoring and Incremental Approach to Tax Planning Strategies

The chapter emphasizes the need for ongoing monitoring of tax-related actions and a gradual approach to tax planning, involving clients in the process. It discusses strategies like Roth conversions and setting up investments to cover tax bills, highlighting the importance of instilling confidence in clients. Effective communication between financial advisors and tax preparers, reviewing tax returns for accuracy, and planning for the upcoming tax filing season are key points covered in the chapter.