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