2023 Tax Strategies for Investors

Wealth-Building Made Simple · Feb 16, 2023 · 15m

Summary notes: In this episode Alison and Phillip provide tips for financial advisors to know for their clients and for clients to ask their financial advisor about. These tips include understanding the tax implications of any investment or strategy, keeping up with tax law changes, understanding the types of investments and deductions available, the advantages of using a Roth IRA for retirement planning, importance of setting up a 401(k) for business owners, and planning ahead for any changes in income. They also discuss the importance of keeping accurate records of income, investments, and…