8 Last-Minute Tax Strategies
BY Admin | April 10, 2017The tax code is incredibly complicated. It is far more common than you might think to overlook tax reduction strategies and potential tax savings. Some deductions and credits are missed more than others. You can use this list to determine if you have missed some of the most common tax credits and deductions available for…
How to Avoid Audits & Have a Stress-Free Tax Season
BY Admin | April 1, 2017A “tax audit” occurs when the IRS wants to do an in-depth examination of your income tax return. It will ask for additional documents to ensure that your income, credits, deductions, and expenses are accurate. While you should have good records in the event of an audit, the truth is that many people simply do…
5 Secrets About Pension Plans & Income Tax Benefits
BY Admin | March 29, 2017Not all wealth management tools are created equal. Further, some asset protection tools work better than others as well. Despite the fact that 10,000 people are turning age 65 every day in the United States, the majority of these individuals do not know the many benefits of pension plans as a means of wealth management.…
Tax Planning Leads to Tax Avoidance: The Shocking Truth
BY Admin | March 27, 2017The United States has a progressive tax system, which means that lower-income individuals pay less in taxes based on a percentage of their income. As you make more money, that percentage increases. The most effective way to avoid overpaying taxes, then, is to have less taxable income. There are a variety of ways to go about decreasing…
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