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6000 Turkey Lake Road, Suite 212, Orlando, FL 32819

407-248-9647
Private Strategy Session

Tax Planning Services

Forward-looking, multi-year tax strategy for Orlando individuals, retirees, and business owners, coordinated with your CPA and built into the same investment and retirement plan our team manages for you.

One coordinated plan, so the tax decisions and the investment decisions are made by people who talk to each other.

Request a Tax Planning Consultation Or Call 407-248-9647
1999 Independent RIA Since
CFP® Certified Financial Planner Team
Orlando Turkey Lake Road Office
FINRA Verify on BrokerCheck

A Tax Strategist in Orlando Who Plans Ahead, Not at Filing Time

Most households meet their tax bill once a year, after the decisions that shaped it have already been made. A tax strategist works the other way around. The goal is to look several years ahead and decide what to do now, so that the return your CPA files later reflects choices you made on purpose rather than by default.

McDonough Capital Management has been an independent Registered Investment Adviser in Orlando since 1999, working from Turkey Lake Road in the Dr. Phillips area of Southwest Orlando. Advice is delivered through a fee-based advisory relationship, and tax strategy is not a separate product. It is woven into the same plan that guides your investments, your retirement income, and your estate decisions, handled by one team rather than split across professionals who never speak.

Tax Planning That Connects to the Rest of Your Plan

Where you hold an asset, the order in which you draw down accounts in retirement, when you realize a gain or harvest a loss, and whether to convert to a Roth in a lower-income year are all tax questions with investment consequences. Deciding them apart from your portfolio usually leaves value on the table. We make them together, and we coordinate with the CPA who prepares your return so the strategy and the filing stay in step.

The content on this page is for general information and is not tax or legal advice. Please consult a qualified tax or legal professional regarding your specific situation.

Why Tax Planning Deserves Its Own Seat at the Table

The numbers below come from the IRS. Each one is a lever a plan can use, and each one shifts from year to year, which is why timing decisions are worth making on purpose.

$24,500

2026 401(k) Contribution Limit

The elective deferral limit for 2026, up from $23,500, with an additional $8,000 catch-up for those age 50 and older. Deciding how much to defer, and whether to direct dollars to traditional or Roth, is a bracket-management decision as much as a savings one.

IRS, Notice 2025-67
$19,000

2026 Annual Gift Tax Exclusion

The amount an individual can give to each recipient in 2026 without using any lifetime exemption or filing a gift tax return. Coordinated annual gifting is one of the steadier ways to move wealth to the next generation over time.

IRS, Rev. Proc. 2025-32
$15M

2026 Estate and Gift Exemption

The federal estate and gift tax lifetime exemption per individual for 2026. Where an estate approaches that threshold, the sequence and timing of gifts, trusts, and asset transfers can change the eventual tax, which is where planning and legal counsel work together.

IRS, Rev. Proc. 2025-32
23.8%

Top Federal Long-Term Capital Gains Rate

The highest federal rate on long-term capital gains, which combines the 20 percent bracket with the 3.8 percent Net Investment Income Tax. When a gain is realized, how it is harvested, and how it is offset all affect what you ultimately owe.

IRS, Internal Revenue Code sec. 1(h) and sec. 1411

Figures are current as of the sources cited and are subject to change. This is not tax or legal advice. Please consult a qualified tax or legal professional regarding your circumstances.

Where Tax Strategy Shows Up in Your Plan

Tax planning is not a single service. It runs through the decisions you make about saving, investing, retiring, and passing wealth on. Start with Roth conversion strategy below, or explore the areas it connects to.

Start Here Roth Conversion Strategies Multi-year conversion modeling against your current and projected brackets, often timed to lower-income years before required minimum distributions begin, including the SECURE 2.0 Roth catch-up rules now in effect. Explore Roth Conversion Strategies

Retirement Income Tax Planning

The order you draw from taxable, tax-deferred, and Roth accounts shapes how much of your income is taxed and how Medicare and Social Security are affected.

Plan Your Retirement Income

401(k) and Workplace Plan Decisions

Deferral amounts, traditional versus Roth contributions, employer plan analysis, and rollover timing, each weighed for its effect on this year's and future years' brackets.

Review Your Workplace Plan

Tax-Aware Investment Management

Asset location across account types, gain and loss harvesting, and distribution timing so your portfolio and your tax picture are managed as one decision.

See Our Tax-Aware Approach

Estate and Gift Coordination

Annual gifting, beneficiary alignment, and transfer timing coordinated with your attorney, so the tax and legal sides of your legacy plan tell the same story.

Coordinate Your Legacy

Work With an Orlando Advisory Team

See how the planning process works, who the firm serves across Central Florida, and how tax strategy fits alongside the rest of your plan.

Meet Your Orlando Advisory Team

Coordinate With Your CPA

We work alongside the accountant who prepares your return, so forward-looking strategy and the filing itself stay in step. Start the conversation when you are ready.

Request a Consultation

Meet the Team Behind Your Tax Strategy

An advisor relationship is only as good as the people in it. Ours is a small, tenured team, and the same advisors who build your tax strategy are the ones you call with a question.

McDonough Capital Management has been an independent Registered Investment Adviser since 1999, operating from Turkey Lake Road in Southwest Orlando. Ed McDonough started in this business in 1987. Camie Nguyen has been with the firm since 2006.

  • Independent Since 1999

    The firm was established as a Registered Investment Adviser in Orlando in 1999. Independence means advisory recommendations are made in your best interest rather than to satisfy a product quota.

  • CERTIFIED FINANCIAL PLANNER™ Professionals

    Both Ed and Shannon McDonough hold the CFP® certification. Ed also holds the Series 65 along with Life, Health, and Variable insurance licenses.

  • Tax Strategy Coordinated With Your CPA

    Multi-year tax strategy is planned alongside the accountant who prepares your return, so the year's income, deductions, and surcharge thresholds are accounted for before you act.

  • Coordinated, Not Fragmented

    Investments, retirement income, tax strategy, and estate coordination are managed together by a team that shares one office and one plan for each client.

Edward A. McDonough, BSME, MBA, CFP

Edward A. McDonough, BSME, MBA, CFP®

Founder / Chief Investment Officer

Working with clients and investments since 1987 and founder of the firm in 1999. A Lehigh University engineering graduate with an MBA in Finance, he focuses on helping clients accumulate and preserve wealth with attention to risk tolerance and tax efficiency. Holds the Series 65 and Life, Health, and Variable insurance licenses.

Shannon McDonough, MBA, CFP

Shannon McDonough, MBA, CFP®

Wealth Advisor

Leads day to day client planning, specializing in equity compensation plans, forward-looking tax strategies, and retirement income plans. Crummer Graduate School MBA, with CFP®, SIE, and Series 65, 7, and 63 registrations.

Camie Nguyen

Camie Nguyen

Investment Advisor / Senior Operating Officer

More than 27 years of investment, research, compliance, and accounting experience, with the firm since 2006. Leads portfolio trading and compliance, holds a Series 65, and graduated from Portland State University with degrees in Accounting and Finance. Not registered with Osaic Wealth.

Samantha Mosca

Samantha Mosca

Operations & Client Relations

Focuses on client engagement, relationship management, and resolving operational questions. Earned a Bachelor of Business Administration from the University of Central Florida.

Areas We Serve

Our office in Southwest Orlando is minutes from Dr. Phillips and the Bay Hill corridor. We meet clients face to face here and handle tax planning for households throughout the greater Orlando metro.

  • Orlando
  • Winter Park
  • Windermere
  • Dr. Phillips
  • Lake Nona
  • Winter Garden
  • Maitland
  • Apopka
  • Altamonte Springs
  • Celebration
  • Oviedo
  • Kissimmee

McDonough Capital Management
6000 Turkey Lake Road, Suite 212
Orlando, FL 32819

407-248-9647 · Toll-Free: 800-741-0380 · mcm@mcdonoughcapital.com

Request a Tax Planning Consultation

If you want a coordinated, multi-year tax strategy that works alongside your investments, your retirement income, and your CPA, we would welcome a conversation. We will listen first, then outline where the opportunities are.

6000 Turkey Lake Road, Suite 212, Orlando, FL 32819

Start the Conversation Book a Private Strategy Session Prefer to send a message? Visit our Contact page Or call 407-248-9647

Areas We Serve

Our office in Southwest Orlando is minutes from Dr. Phillips and the Bay Hill corridor. We meet clients face to face here and handle tax planning for households throughout the greater Orlando metro.

  • Orlando
  • Winter Park
  • Windermere
  • Dr. Phillips
  • Lake Nona
  • Winter Garden
  • Maitland
  • Apopka
  • Altamonte Springs
  • Celebration
  • Oviedo
  • Kissimmee

McDonough Capital Management
6000 Turkey Lake Road, Suite 212
Orlando, FL 32819

407-248-9647 · Toll-Free: 800-741-0380 · mcm@mcdonoughcapital.com

Strategic Tax Planning Services in Orlando, FL

Your tax situation is unique, and it deserves more than a one-size-fits-all approach. At McDonough Capital Management, we understand that effective tax planning isn't just about April 15th—it's about making strategic decisions throughout the year that can significantly impact your long-term financial health.

Book a Free Consultation
Beyond Tax Preparation: Strategic Tax Optimization

Beyond Tax Preparation: Strategic Tax Optimization

While many focus solely on tax preparation, our approach centers on proactive tax planning services that help you keep more of what you earn. We analyze your complete financial picture to identify opportunities for tax mitigation that align with your broader wealth-building goals.

Our team specializes in developing personalized tax strategies for Orlando's high-income earners and small business owners who face complex tax challenges. Whether you're navigating stock options, managing multiple income streams, or planning for retirement, we work alongside you to implement tax optimization strategies that make sense for your situation.

Comprehensive Tax Planning Solutions

For High-Income Earners

When your income reaches higher brackets, strategic planning becomes crucial. We help you navigate the complexities of alternative minimum tax, net investment income tax, and other considerations that affect high earners. Our tax-efficient investing strategies can help you build wealth while managing your tax burden effectively.

Small Business Owner Support

Running a business brings unique opportunities and challenges. We'll review your business structure, help you maximize deductions, and explore strategies like Solo 401(k) plans that can provide substantial tax advantages while building your retirement security.

Stock Options and Incentive Plans

Stock options and corporate incentive plans require careful timing and strategy. We analyze the tax implications of your compensation packages, helping you make informed decisions about when and how to exercise options while considering your overall tax picture.

Retirement Planning Integration

Your retirement strategy and tax planning work hand in hand. We explore opportunities like Solo 401(k) plans for business owners, Roth conversions, and other strategies that can help you build tax-diversified retirement income.

Our Tax Planning Process

We begin by thoroughly analyzing your current tax returns and financial situation. This comprehensive review helps us identify missed opportunities and develop a forward-looking strategy tailored to your goals. Throughout the year, we stay connected with you, adjusting strategies as your situation evolves and new opportunities arise.

Frequently Asked Questions

How is tax planning different from tax preparation? 

Tax preparation looks backward at what happened last year, while tax planning looks forward to help you make strategic decisions that can reduce future tax burdens.

When should I start tax planning? 

The best time to start is now. Tax planning is most effective when done throughout the year, not just during tax season.

Do you work with clients who have complex financial situations? 

Absolutely. We specialize in helping high-income earners, business owners, and individuals with stock options navigate complex tax scenarios. Those who commonly need help with taxes involving equity compensation are Aerospace, Electrical, and Mechanical Engineers.

Can you help with both my business and personal taxes? 

Yes, we take a holistic approach that considers both your business and personal tax situations to optimize your overall strategy.

Tax Planning Near Me

Contact Us Today

Ready to take control of your tax strategy? We can meet in person, via Zoom, or even over the phone, so we are always “near you!” Contact McDonough Capital Management today to discover how strategic tax planning can help you build and preserve your wealth.