Warren Whitaker Discusses Tax Strategies for Wealthy Families Abroad in Bloomberg ArticleWhitakerG. Warren
10 Tax Strategies For High-Income Earners Here are the latest ways to reduce taxable income: #1. Max out retirement accounts A retirement account, like a 401(k) or 403(b), can help you pay less tax on your income. When you contribute to these accounts through your job, it’s not ta...
This can be an effective strategy for those concerned about permanently gifting away too much of their wealth during their lifetimes. Charitable gifting solutions Some lifetime giving strategies can help high-net-worth families make philanthropic donations while taking advantage of tax breaks, which in...
Gift and estate taxes can reduce the amount your beneficiaries will receive by 40% to 50%, depending on which state you are a resident of at date of death. However, there are planning techniques and strategies available to maximize the amount of wealth that is preserved for your family. See...
If you're a single mom filing your taxes, make use of tax credits and deductions that can help reduce your taxable income and reduce the amount of tax you pay. A number of strategies, credits and deductions can be used to reduce taxable income, and in so
Getting Ready to File Your Individual Income TaxesBill Of Rights For TaxpayersFiling FundamentalsWhat Types of Income Must Be Reported?What Tax Breaks Are Available?How Much Do You Owe in Taxes?Strategies for Tax SavingsPlanning Business StrategiesTo End ThisFinal ThoughtsTaxes FAQs ...
Your tax refund is based on how much tax you pay in excess of the tax you owe. Basic tax planning strategies aimed at reducing the amount of your taxable income may increase the gap and thus your refund. In some cases, these strategies benefit you in oth
Using your tax refund in one of these ways can significantly enhance your retirement savings. These strategies can provide a solid foundation for long-term financial security and ensure that your money works for you over time. The bottom line ...
Tax-saving strategies for childcare centers Take the stress out of tax season with these tax-saving strategies to help you keep more money in your business bank account. Engage in year-end tax planning Tax planning involves analyzing your business's financial situation topay the lowest tax possib...
The professionals at ITI Strategies provide comprehensive investment, tax and insurance planning services to individuals, families, small businesses and corporations. We understand that the effort you devote to your family, business and personal passions may leave little time for making crucial wealth pla...