As the saying goes, it’s not what you make, it’s what you keep. A woman’s chances of achieving financial security — both today and for all the tomorrows to come — improves greatly with sound tax planning. These skilled financial planners, all of whom specialize in women clients, have some money-saving suggestions that, if you’ll pardon the pun, make a lot of “cents.”
Attention Recently Widowed and Divorced Women
The first time a woman (especially one who’s never handled family investments) pays estimated quarterly taxes or asks for a filing extension can be highly emotional, but with time and education it’ll all work out, says Dorie Fain, founder and CEO of AndWealth in New York.
Over 50 and Own Your Own Business?
How one woman is successfully playing catch up with her retirement savings using this tax-friendly strategy, with the help of Maura Griffin, head of Blue Spark Capital Advisors in New York.
“People Forget to Think About Taxes”
More women are working and controlling large amounts of income-generating assets. Debbie Taylor, who has a law degree and is a CPA by training, and now heads Taylor Financial Group in Franklin Lakes, NJ, has some thoughts about how to avoid paying up to nearly 50% of your annual income in taxes.
More on Forgetting About Taxes
A Loving Way to Cut Your Tax Bill
The Beatles may be right that money “can’t buy me love.” But getting married or remarried can result in a big tax saving for you or that new man in your life, as Eve Kaplan of Kaplan Financial Advisors in Berkeley Heights, NJ, explains.
More on Getting Married
Attention Same-Sex Couples Who Just Said “I Do”
With all the advantages that come from being legally married may come some tax disadvantages, though they are more than offset by the advantages, as Jennifer Hatch of New York-based Christopher Street Financial, the well-known financial advisory firm for LGBT’s, emphasizes.
More on Same-Sex Marriage Penalty
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