Most financial advisory firms provide investment products, while most tax preparation firms help you fill out and file your annual tax returns. Reptax offers clients a full-service accounting, tax, and financial experience in a ‘one-stop shop’ approach. At Reptax, we look at both your short-term and long-term tax obligations, your individual and family’s personal financial objectives and situation, and then we help find ways to help you maximize your gains while minimizing taxes owed. Additionally, we look at your holistic financial situation to help you protect yourself and your family from many different risks.
Husband and wife team, Leslie and David Byck, established Reptax LLC as their holding company comprised of two divisions: Reptax Financial LLC—the financial services arm—and Reptax Professionals LLC—the tax strategy and preparation arm. Together the two sides of Reptax provide a combination of disciplines which can help you grow your wealth, potentially increase your overall net worth by optimizing your tax situation, and help protect you from the financial ramifications of potentially adverse life events by shifting risk away from you and over to insurance companies. David and Leslie are both managing members of the Reptax entities, with David focused on taxes and Leslie focused on financial services.
Leslie Byck
Focused on retirement planning, Leslie Byck has more than 20 years of experience in the financial services industry, with six years of it spent at Goldman Sachs in their high-net-worth private wealth management group. The rest of her career so far has been spent helping clients with retirement and tax strategies at Reptax Professionals, the sister firm run by husband and business partner, David Byck. The combined goal for all Reptax clients is to help them save the most amount of money on their taxes and grow their net worth, while protecting clients from multiple risks.
David Byck
David Byck is a former real estate professional, so he truly understands the firm’s real estate industry clients. He shifted gears more than 20 years ago to focus on taxes and financial services. David is an IRS Appointed Enrolled Agent (E.A.) as well as a Certified Tax Resolution Specialist (C.T.R.S.), and he earned his Bachelor of Science in financial and accounting from the University of Maryland. Learn more about Reptax Professionals tax services here.
Services at Reptax
Reptax offers clients a full-service accounting, tax, and financial experience in a ‘one-stop shop’ approach. We offer a large range of services that can be scaled up or down to meet the needs of entrepreneurs, solopreneurs, as well as individuals and couples who want to plan for retirement. Here are just some of the services we can provide.
Retirement & Income Planning
Planning early can give you the best chance of retiring and staying retired while living your desired lifestyle. We help you with tax-efficient distribution and retirement income planning, and we stay by your side for life. For those with fluctuating income, it may be even more important to plan ahead for lifetime retirement income later.
Tax Planning & Tax Preparation
We offer both sides of the financial equation—tax returns and a wide range of financial instruments—to help you protect and grow your wealth. We’ll help you find ways to potentially save on taxes now, as well as looking to your future during retirement. Real estate professionals in particular have special tax designations and rules that we can help with.
Trusts & Tax-Advantaged Estate Planning
If you have a family and/or assets, you need an estate plan. We work with estate attorneys to help you pass on a tax-advantaged legacy to your heirs and/or charities, documenting your desires for a stress-free transfer of wealth which can potentially bypass probate.
Harvesting Assets/ Withdrawal Planning
If you have a large amount of assets saved in taxable accounts like traditional 401(k)s or IRAs, you may have less money for retirement than you thought. By working in advance, we can help you consider Roth conversions or other strategies with the goal of achieving tax efficiencies.
401(k) Rollovers
If you have reached age 59-1/2, you may be able to do an in-service rollover while you’re still working. And if you have a 401(k) at an old company, you can roll that money over to your own account and potentially do more with it. At retirement, it’s important to look at the entire picture to assess what might be best in your particular situation.
Risk Management & Insurance Strategies
As part of a complete plan, we recommend that the risk of potential adverse life events be planned for. If worst-case scenarios never happen, fantastic. If it does, you have shifted financial risk away from your loved ones over to insurance companies created for just that purpose.
