Whether seniors pay for their tax preparation or go the do-it-yourself route, there are many important tax issues which are easy to miss or to be unaware of. The following 10 tax tips include those that are the most easily missed and frequently encountered tax preparation issues. Because the current $5 million federal estate tax…
Lower your taxes: Five senior tax strategies
One of the senior tax strategies few seniors are actually aware of is called asset positioning. This is where you figure our where to place your investments so you pay as little tax as possible. One of the important senior tax strategies for retirees is something called asset positioning. This basically means you need to…