You have probably been told that if you want to create a tax deduction for yourself, one way to do so is to give money to charity. Well…I’m here to tell you that you should stop giving your money to charity! Here’s why…
Tax Records – When to Keep Them, When to Toss Them
Here’s more advice from the tax expert we recommend to all of our clients. Previously, they shared advice on tax preparation. This time, they discuss how long you need to hold on to all those tax related receipts and documents. When to Toss Them Many people are uncertain what records to keep and when to throw them out. Keep all … Read More
Why dividing your estate evenly could create unnecessary taxes
Dividing your estate evenly between family, friends and charity could create unnecessary taxes for your friends and family. Here’s a real life example…
The Top 3 Rules I Would Put in place if I Ran The Country
Admit it, you’ve probably thought about what you would do if you were running the country, even for a day. I know I have. In fact, I came up with a long list of things. Here are my top three, in no particular order, along with some explanations of why: