MAJOR LIFE EVENTS AND TAXES
To properly plan and prepare your income taxes for maximum tax savings, it is important to be aware that any number of major events will have an impact on income tax situation.
The major life events include:
Marriage
Divorce
Birth of a Child
Death
Major Illness
Changing jobs or careers
Starting a business
Going to college
Reciept of a gift or inheritance
Winning the lottery
Working overseas
Becoming a part owner of a business
Buying or selling a personal residence/home
Becoming a landlord
Retirement
Becoming disabled
A Lawsuit
A Natural Disaster
Becoming a victim of identity theft
Being named as a beneficiary
Each of these events can impact your taxes in different ways, depending on your specific tax situation and circumstances.
Given how often the tax laws change, it is important to keep current and take a proactive approach to planning and preparing your income taxes.
CALL NOW 561-746-1926 or 561-339-8102 if you have any questions or concerns or would like to schedule a FREE, Confidential, No-Obligation Tax-Saving Consultation.