While Trusted Financial Advisors does not render tax advice, nor do we file tax returns, as a financial planning service, we include here ideas that may help you think about or plan to structure your financial activities to minimize taxation. We will be happy to discuss how these ideas may fit your particular situation if you care to contact us. The ultimate authority in these matters is your tax advisor and we strongly urge you to review any tax related articles with your tax advisor before acting.
Working Children
Leverage your Child’s Summer Job to Build Their Future Nest Egg
If your child or grandchild will be working at a summer job this year,making a contribution to a Roth IRA for him or her is something to consider
The annual pay-in limit is $5,000, but not more than the child’s earnings. However, what […]