The Hidden Wealth SolutionFinancial Planner in Lake Mary, Florida
Learn How to Protect Your Retirement by visiting the link below!
Limited seats are filling up quickly but still available for the next webinars at 3pm, 7pm, and 8pm!!
Dow Plunges 1,175 Points - Learn How to Protect Your Retirement by visiting buff.ly/2EqQzpO
How to Retire Sooner with More Income
In this week’s Hidden Wealth Review, I’m excited to share how we helped two clients start their new year off right. One client was looking to increase their retirement income as much as they could without taking unnecessary risk with a goal to retire in three years. The other client wanted to retire sooner than they had planned. They believed that they would have to work for at least another five years just to be able to properly position... themselves for retirement due to the massive loss they suffered back in 2008. The good news is that both of these clients learned how they could retire this year, exiting the workforce three years earlier for one and a full five years for the other! READ MORE HERE http://www.thehiddenwealthsolution.com/retire-sooner-income/
The NFL playoffs have begun. Wild Card Week featured some great competition. On Saturday, the red-state Tennessee Titans defeated the red-state Kansas City Chiefs, 22-21, and the red-state Atlanta Falcons easily handled the blue-state Los Angeles Rams, 26-13. On Sunday, the purple-state Jacksonville Jaguars pounced on the blue-state Buffalo Bills, 10-7 and the red-state New Orleans Saints marched past the purple-state Carolina Panthers, 31-26.
You're probably wondering why we...'re polluting your NFL news with red state and blue state political references. You may think politics don't matter on the gridiron but, they do, now more than ever, thanks to the Tax Cuts and Jobs Act of 2017.
Here's why. Blue states, as a group, tend to have higher income and property taxes than red states. Those higher taxes make blue states slightly less attractive for professional athletes.
Erik Hembre, Assistant Professor of Economics at the University of Illinois at Chicago, took win-loss records from the last 40 years of professional sports and overlaid them on state marginal tax rates. He found that "state income tax rates significantly impact team performance."
The new tax law actually magnifies this effect. Under the old rules, a player could at least deduct the 13% they paid in state and local income tax from their federal return. This effectively reduced their taxes by about 40%. But the new law caps the deduction for state and local income, sales, and property taxes at just $10,000.
The new rules will be expensive for lots of blue-state taxpayers, not just athletes. The Government Finance Officers Association found that in 2015, over one-third of the taxpayers in California, New Jersey, and New York claimed the deduction, with an average amount over $17,000.
There's a time-tested strategy that works better than anything. That strategy is planning. If you don't have a tax plan yet, 2018 really is the time to get one. Now's the time to plan a strategy and get a head start on saving taxes in 2018.
Get started now by clicking the link below to request a no-cost, no-obligation tax savings analysis.
Have You Made Your New Year’s Retirement Protection Resolution?
In this week’s Hidden Wealth Review, I want to wish you a Happy New Year! I also want to “ring in” retirement reality....
Congress has just passed the most comprehensive tax reform in 30 years. While a lot of the buzz is about the corporate tax rate, I've fielded a number of calls and emails asking about the personal impact the bill will have on individuals and small business.
At this stage, I'm still digesting the entire contents of the bill so, right now, it's difficult to know all of the personal tax implications. However, I have compiled a summary of the major issues for both personal and bu...siness taxes.
To review this tax reform summary, please click the link below.
Click Here to Review Tax Reform Summaryhttps://aeag-d2fee0.pages.infusionsoft.net/
Please feel free to respond to this email with any specific tax questions you may have.
Merry Christmas and Happy New Year
from The Hidden Wealth Solution Team!
Holiday Business Hours...
Our offices will be closed the week of Christmas in order to give our team more time with family over the Christmas and New Year’s holidays. The Hidden Wealth Solution offices will be closed beginning Monday, December 25th. We will reopen for business on Tuesday, January 2nd at 9:00 AM Eastern time.
Taxes, Taxes and More Taxes!
In this week’s Hidden Wealth Review, I teach about taxes, taxes and more taxes! I want to teach you that you can have your own tax reform plan, regardless of what the House and Senate do. READ MORE http://www.thehiddenwealthsolution.com/taxes-taxes-taxes/
Wishing a happy Thanksgiving to you and your family. Please click on the picture above and watch our short holiday video.
May your Thanksgiving be bright, joyous and filled with warm smiles.
In observance of the holiday, our main office, in Lake Mary, Florida will be closed on Thursday, November 23rd and Friday, November 24th. We will re-open at 9:00 A.M. on Monday, November 27th.
The Hidden Wealth Team
Tax Reform and Market Turmoil
In this week’s Hidden Wealth Review, I teach that the market is uncertain about what’s going to happen with the Trump Tax Reform Plan. A new modification of several categories in the plan came out of the Senate this past week. This news sent the market tumbling for a couple of hundred points for bit. Read More http://www.thehiddenwealthsolution.com/tax-reform-market-t…/
The IRS has no problem reaching into your pocket and taking away your hard earned money. High income earners pay an average of over $30,000 in unnecessary taxes every year. This is your special invitation to learn how to legally minimize your taxes starting with saving taxes for 2017 (and every year after).
Learn how our clients have a better plan to protect themselves from tax than the IRS’s plan to collect the most tax. Remember OURS and THEIRS (Read that as The IRS). We pr...edictably prevent unnecessary taxes from needing to be paid just as predictably as the IRS collects the most amount of taxes.
Click the Picture to See Why You Should Attend
Join us on Tuesday, November 7th for our Ultimate Tax Savings Solution Workshop. We have invited tax savings expert, Eric Kalter, to demonstrate his proprietary system for safely and legally eliminating taxes and preserving your capital. Discover how highly successful individuals and business owners have used this system to eliminate needless taxes.
Learn more here https://aeag.infusionsoft.com/app/page/nov_7_register
Treasury Secretary Warns of Market Plunge!
In this week’s Hidden Wealth Review, I teach that the Secretary of Treasury, Steve Mnuchin, recently said that if Congress doesn’t pass the Trump tax reform bill, the stock market will plunge! Ironically, he shared these insights on the 30th anniversary of “Black Monday,” the largest single day drop in the history of the market. READ MORE..http://www.thehiddenwealthsolution.com/treasury-secretary-…/
Higher Taxes are Coming; Avoid Them!
In this week’s Hidden Wealth Review, I teach that the “tax gotchas” just keep on coming. I want to share a story about a client who works for the federal government. He is fed up with the tax that he has to pay back to the government due to his federal government employee retirement plan. The Required Minimum Distributions (RMDs) are causing him to be taxed to the max. READ MORE http://www.thehiddenwealthsolution.com/higher-taxes-are-com…