income sources

Scoring Tax Goals: Mid-Year Planning Tips to Make the IRS Cry

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Tax planning is crucial to financial management, especially for retirees who want to make the most of their golden years. As we reach the mid-year mark, it’s time to assess your tax strategy and implement any necessary adjustments. Here, we provide valuable mid-year tax planning strategies for retirees to help reduce your tax burden in … Read more

Seniors, Beware: The Shocking Truth About Taxes After 65 

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As individuals reach the age of 65, navigating the complex world of taxes becomes increasingly important. Contrary to the assumption that taxes become simpler in retirement, they often become more intricate due to multiple income sources, changes in healthcare coverage like Medicare premiums, and required minimum distributions from retirement accounts. Here are eight key considerations … Read more