FORBES – Tax hikes hit trusts hard – beneficiaries pull money out before March 2013

  The Internal Revenue Service allows a 65-day grace period (through March 6, 2013 this year) to take distributable net income out of the trust and treat it as distributed in 2012.   http://www.forbes.com/sites/ashleaebeling/2013/01/09/tax-hikes-hit-trusts-hard-beneficiaries-pull-money-out/?goback=.gde_3694878_member_202949121   Canadian Tax Shelters Offer No Refuge from Uncle Sam. http://www2.canada.com/news/canada/featured+letter+canadian+shelters+offer+refuge+from+uncle/7818820/story.html?id=7818820&p=1&goback=.gde_3694878_member_204774207

January 10, 2013 · Jennifer · No Comments
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Stay Away from 401(k) – A Safer and more Lucrative Alternative is Available.

A 401(k) ALTERNATIVE Insanity is doing the same thing you have been doing and expecting different results. Einstein.   My main concern is  preservation of capital, safety and guarantees for your money. If you like to take risks, what I suggest probably won’t interest you.

February 19, 2010 · Jennifer · 3 Comments
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W2 Employees – How To Keep More Income

W2 Employees – How to Keep More Income What is the biggest single financial obligation of each person in the USA? Taxes. With all the bailouts, and government spending we can be sure that our taxes will not be being reduced any time soon. W2 workers are taxed before they get their earnings. Then they […]

May 4, 2009 · Jennifer · One Comment
Tags: , , , , , , , , , , , , , ,  · Posted in: W2 Employees / IRS, What type of Tax Payer Are You?