Every year, Congress used to paste together a mismash of temporary tax rules. Then the so-called American Taxpayer Relief Act of 2012 rocked this world, making long-range tax planning possible for the first time in a decade. Because tax rates skyrocketed, it also became necessary.
Being tax-smart is now more important than ever. In our low-return environment, high taxes on investments gnaw like rats on your profits. Taxes need to be the first thing an investor considers, not an afterthought. Today you have to start with taxes. Nationally recognized investment advisor Phil DeMuth decrypts the 73,954 pages of tax code to show you where the trip-wires lie. He offers simple rules of thumb to navigate the minefield, all in sparkling English.
If you aren't playing the long game with your taxes now, you are sending a valentine to the U.S. Treasury every April 15 with a needlessly fat check attached. DeMuth shows how to safely pare your investment tax bill down to the legal minimum requirement. It adds up to a small fortune that would be better spent on your life, your family, and your retirement.
You can slash your tax bill & be a Tax Alpha Dog!
Alpha...means getting excess returns.
Tax Alpha...is the extra returns you get by not paying a nickel more in taxes on your investments than legally required.
The Alpha Dog...is the leader of the pack. In other words, you.
HUBBY'S REVIEW:
A good book that deals with different investments and how to offset the tax and what to put your money the investment with the least amount of tax liability and the better investment for long term tax. All of his information is based off of the 2012 tax law for investments and the changes that took place and that are still in place. This is not a quick read but one that is very useful not just for tax time but for year round. A very good resource book. Well written. I got this book from Netgalley. I gave it 4 stars. Follow us atwww.1rad-readerreviews.com
No comments:
Post a Comment
We ask that when you are leaving a comment that you are remebering that children may be reading this blog, without the knowledge of a consenting adult. We all put our disclaimers on to get into the sites but kids are smart. Please be aware when posting to use safe language and pics. Thanks :)