Top 10 Tips for Year-End Tax Planning

Does it feel like you just finished last year’s taxes? Well, believe it or not it’s almost time to do it again. Every year the tax laws and policies change, so each year you will have to be aware of these changes and additions. However, there are some things that never seem to change. With that in mind let’s review some of the top tax tips for year-end tax planning.

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Here's a 15-item checklist of low-hanging tax tips for financial advisors; Tax Planning Tips that Can Save You a Bundle

Tax Planning Tips that Can Save You a Bundle

Let’s talk about some tax planning tips that can save you a bundle. Most high net worth individuals didn’t get wealth by sitting around and hoping to get rich. They have to earn it. That’s one of the biggest differences between just getting by and actually getting rich. And one of the things high net…

Millionaire Taxes- The Debate is On

Millionaire Taxes- The Debate is On

Millionaire Taxes- The Debate is On.  How many people are millionaires in the United States? According to recent statistics the number of people in the country with a net income of $1 million or more reached 9.63 million in 2013. That might sound like a lot, but compared to the total U.S. population that number…

The Time To Start Saving On Your Taxes Is Now

The Time To Start Saving On Your Taxes Is Now

It’s tax time. What? April is still months away, isn’t it? While it’s true that that we still haven’t watched the big crystal ball drop in Times Square or even put up the Christmas tree, it is still time to think about your taxes. That’s because anyone who really wants to be prepared for taxes,…

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IRS Announces New Efforts to Help Offshore Taxpayers Be in Compliance

IRS Announces New Efforts to Help Offshore Taxpayers Be in Compliance For years the IRS has been trying to track down U.S. citizens’ offshore assets in order to ensure that taxpayers are paying every penny they owe. However, these efforts have often affected many people who had no intention of ever skipping out on their…