by Advats | Feb 23, 2023 | Taxes
What is Asset Location? Asset location is a tax-saving strategy that takes advantage of various investments receiving different tax treatments. To maximize after-tax returns, an investor uses this strategy to determine which securities must be held in tax-deferred...
by Advats | Feb 23, 2023 | Taxes
What is Tax Diversification? Tax diversification is a strategy considering various tax treatments across the investment accounts you will eventually use for retirement income. Because different types of accounts and investments provide different tax benefits, you can...
by Advats | Feb 23, 2023 | Taxes
IRS Red Flags to Avoid Why does the Internal Revenue Service audit some small businesses while ignoring others? What actions can business owners take that may result in a small business tax audit? Sometimes it’s by chance, but certain financial practices can...
by Advats | Feb 16, 2023 | Taxes
Tax documents you should save You may only want to keep some of your paperwork after filing your tax return, including your W-2, 1099s, and other receipts. It’s safe to say you don’t want to think about taxes at all. But don’t toss them out as soon...
by Advats | Jan 18, 2023 | Taxes
Checklist for Tax Season 2023 This year, use our handy tax preparation checklist for 2023 to make tax preparation easier. We will let you know what tax documents you need to know to organize. Tax season can be stressful, but we are here to assist you. Tax season is...
by Advats | Jan 18, 2023 | Taxes
Be Aware of This Tax Updates for 2023 New changes in tax regulations are now in effect, potentially increasing paychecks and lowering income tax for many Americans who are still reeling from sky-high prices as the new year begins. It’s understandable why many...
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