Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Urban Adams, Financial Professional, Interviewed on The Influential Entrepreneurs Podcast

Urban Adams discusses timely tax tips for better tax preparation.

Listen to the interview on the Business Innovators Radio Network: Interview with Financial Professional Urban Adams

In this episode of Influential Entrepreneurs, host Mike Saunders welcomes financial professional Urban Adams to discuss timely tax tips for better tax preparation. With a focus on planning, Urban works with a diverse range of clients, primarily in the southwestern US.

Tax planning is a vital aspect of a comprehensive financial strategy, and clients should take a proactive approach in gathering relevant information for their tax preparers. This diligence can help them avoid missing deductions and reduce unnecessary stress during tax season.

One of the key strategies Urban employs is sending annual tax letter summaries to his clients. These summaries outline the tax documents clients should expect from their custodians and highlight important activities that may not be captured on standard tax forms, such as contributions to donor-advised funds, Roth conversions, and 529 contributions. This proactive approach equips clients to prepare for their meetings with tax preparers, ensuring they have all necessary documentation and information readily available.

Urban also points out that many clients may not fully appreciate the significance of certain deductions, such as 529 contributions or Health Savings Account (HSA) contributions, which can vary by state. By bringing these items to their client’s attention, he helps them avoid the stress of scrambling to find documents when their CPA requests them. This preparation not only alleviates anxiety but also increases the likelihood of maximizing deductions and minimizing tax liabilities.

Moreover, Urban emphasizes the importance of collaboration between financial advisors and tax preparers.

In conclusion, proactive tax planning is essential for clients to effectively navigate the complexities of their financial situations. By gathering relevant information and collaborating closely with their financial advisors and tax preparers, clients can avoid missing deductions, reduce stress during tax season, and ultimately enhance their overall financial well-being.

Urban shared: If we’re ignoring tax planning, we’re missing out on a great deal of opportunity there.”

About Urban Adams

Based in Phoenix, Arizona, Urban Adams is a seasoned financial advisor with over 25 years of experience in the financial services industry. For the past 12 years, he has been running his own independent advisory practice, focusing on providing personalized, client-focused financial planning services to clients across the country.

Learn more: https://www.urbanadams.com/

Urban Adams is an Investment Advisor Representative with Dynamic Wealth Advisors. All investment advisory services are offered through Dynamic Wealth Advisors. Urban Adams also offers insurance brokering services, this is considered an outside business activity from Dynamic Wealth Advisors and is separate and apart from Mr. Adams’s activities as an investment advisor representative of Dynamic Wealth Advisors.
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