WELCOME TO
BAYSIDE TAX & WEALTH

Your Financial Planning Experts

Bayside Tax & Wealth provides unparalleled personalized investment and tax services to clients across Long Island, New York, and beyond.  As your financial planners, we ensure that your financial decisions are made carefully and with your best interests in mind. We are ready and able to serve as your financial advisor, tax planner, and guide along your path to success.

Fill out our initial questionnaire here and schedule your initial consultation. 

Investment Chart

INVESTMENT MANAGEMENT

Retirement Account Investments

IRA's, 401k, 403b, Roth's and profit sharing plans

One of the largest assets our clients typically have outside their homes is their retirement accounts.  Start saving early and regularly with your companies 401k, 403b or other retirement plan and having $1,000,000 in the account at retirement is an attainable goal.

The biggest mistake we see when looking at retirement accounts is the overall allocation.  These investments grow tax deferred, Roth accounts grow tax free, so the investments inside these accounts should be tax inefficient, investments that generate short-term capital gains and taxable interest.

Feel like you have too much or too little cash, reach out and we can help you determine the right amount.

Non-Retirement Investments

Brokerage Accounts, Rental Properties, 529 Plans

Our clients often have investments outside of their retirement accounts, accumulating additional savings to help reach shorter terms goals - A vacation home, children's college tuition, or maybe they'd like to buy a rental property or if they're retired using these assets to supplement their income.

Understanding the risk of these investments, the tax considerations and liquidity of the investments is key in building a well diversified portfolio across all of your investments.

Feel like you have too much or too little cash, reach out and we can help you determine the right amount.

Cash Reserves

Checking, Savings, CD's

Having an appropriate amount of cash available to meet your spending needs and other short term goals will allow you to sleep well at night when cash is soon to be needed, and work harder for you when you have excess.

Our clients often feel reluctant to invest extra cash, especially when the market has been volatile, and often delay raising cash for short term needs with the hope of making a slightly higher return.  In our experience, both of these scenarios create more heartburn than investment returns.

Feel like you have too much or too little cash, reach out and we can help you determine the right amount.