How to Avoid A Surprise Bill at Tax Time

Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

When it comes to finances, paying a big bill at tax time is the worst. Worse yet, is if that bill comes as a surprise because your CPA, Investment Professional, and Financial Planner were not on the same page.

In this episode, Tyler Emrick, CFA®, CFP®, sheds light on traditional culprits that cause nasty surprises at tax time. Whether it is capital gain distributions, higher interest rates, or under-withholding on your income we cover it all on today’s episode of Retire Smarter.

Here’s some of what we discuss in this episode:

• Interest rates have increased ordinary income and what most Americans are used to being taxed on.
• Investment considerations to factor in that will impact taxes.
• Stats on capital gain distributions and better investment options for tax purposes.
• Sometimes you are under-withholding taxes on your income so what should you change?

Have questions?

Need help making sure your investments and retirement plan are on track? Click to schedule a free 15-minute call with one of True Wealth's CFP® Professionals.

http://bit.ly/calltruewealth