tax planning

Tax Planning: Part 2, Investing for Retirement

Tax Planning: Part 2, Investing for Retirement

Earlier this week, I discussed the practicality of determining how many exemptions to claim as it impacts tax planning. While that topic holds a great impact on your current paycheck and any annual refund you may expect in the end you receive the same amount of money over a 1 year period regardless of what […]

Planning for Income Taxes, Part 1: Exemptions

Planning for Income Taxes, Part 1: Exemptions

Tax Planning: Should you try to receive a larger lump sum via your tax refund or claim more exemptions and increase your take home pay year-around? Until today, I would have strongly recommended the latter, afterall why give the government a tax free loan? However, a few days ago I was filing my fiances taxes […]