The Ultimate Tax Planning Checklist!

The Ultimate Tax Planning Checklist!

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[christianrode]

Tax planning includes making financial and business decisions to minimise the incidence of tax.

[ShahzainAli-tlsk]

Your videos are very useful and provide lots of information. I have received lots of help after watching this post, please continue to share this kind of information. Thank you.

[DaveSchmrdr]

For lower income people who collect SS, realizing more capital gains might not really be tax free. Yes, you don't pay capital gains tax on the sale of a brokerage holding, but since that pushes up your MAGI, more of your SS becomes taxable, which raises the amount of tax due.
At the point where you are still in the 12% bracket and 85% of your SS is in the AGI, then selling up to the top of the 12% bracket from your taxable brokerage is tax free federally. I used a tax calculator to discover this.

[TillFreak]

Great video! I really appreciated the clear explanations and actionable tips on tax planning. Your expertise and presentation style make complex topics easy to understand. I've already started implementing some of the strategies you shared and I'm looking forward to seeing the benefits in my next tax return. Keep up the fantastic work and thank you for sharing your knowledge with the community!

[Jamestina-xctp]

It's majorly good minimizing tax liabilities that is the primary objectives, a proper tax planning makes it easier to build your personal finances and in the process you could also afford the things you want 💯

[VickyAlex-rb]

Anyone have tips on how to minimize taxes on investments? I feel like I'm getting ripped off!

[LuisellaLorenzo]

I have lost a lot trying to invest on my own, I keep making loses. Can anyone help me out or at least tell me what I'm doing wrong?