Tagged with IRA

HOW YOUR CHILDREN CAN SAVE YOU MONEY

HOW YOUR CHILDREN CAN SAVE YOU MONEY

If you own a business and have children, you may be overlooking a valuable opportunity to reduce income taxes.  The basic idea is to shift income to your children and take advantage of their lower tax bracket.  In order to implement this strategy, you must first have a business that lends itself to hiring your … Continue reading

KEEPING WHAT YOU MAKE, A TAXING ISSUE

With April 17th right around the corner, many people have taxes on their mind. What people don’t realize is that we are in one of the lowest tax rate environments that has ever existed. The top tax rate for an individual is currently at 35%. The capital gains rate is at 15%. To give you … Continue reading