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How to Tax Plan as a Year-Round Process

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When many Americans think about tax planning, they think of tax season – a short-term process which lasts a couple months at most. However, in this episode of the Wealth is in the Details podcast, Peter Raskin explains how tax planning is really a year-round process.

In this episode, you’ll learn about:

  • The difference between tax evasion and tax avoidance, as told by Supreme Court Justice Louis Brandeis
  • Peter’s explanation in layman’s terms of marginal tax brackets
  • A couple advantages of owning common stocks
  • The importance of understanding the type of investment you are making and the amount of taxes you will owe on each
  • The importance of tax bracket planning during retirement
  • And more!

Tune in now to learn all about tax planning as a year-round process!

Resources:  Raskin Planning Group

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