Category: Tax Planning
Should I Hire a Financial Advisor to Do My Tax Planning?
It’s a safe assumption that you have a list of preferred professionals in your life that you trust and regularly visit for specific services. You more than likely have a respectable primary care physician for overall health, a reliable dentist for oral hygiene, and a massage therapist for stress relief and wellness. Did you research to find the perfect professionals […]
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Tax-Advantaged Accounts for Retirees
The right investment advice is critical, especially for retirees. As part of that, tax planning is highly valuable to ensure you’re getting the most out of every dollar you’ve worked so hard to earn and save. A key component of tax planning is proper asset management—identifying which strategies to implement across your entire portfolio. While asset allocation may drive returns, […]
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How Much Do The Rich Pay In Taxes?
According to a White House analysis from 2010 to 2018, 400 of the wealthiest families in the U.S. paid an average of 8.2% on their federal individual income taxes. The average effective tax rate was $1.8 trillion of income over nine years. The same research also revealed that 25 of the wealthiest citizens paid an effective federal tax rate of […]
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