THE IMPORTANCE OF TAX PLANNING

April 1, 2014

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.”

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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.

More on Paying Estimated Taxes & Asking For An Extension

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The Skinny on Paying Estimated Taxes

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.

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.

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

Tax Issues of Same-Sex Marriages 

MORE ABOUT OUR GUESTS

Dorie FainDORIE FAIN AndWealth Ms. Fain runs a boutique financial advisory firm for a select group of women who are managing their new-found finances for the first time. She spent 12 years at Smith Barney, where she was the youngest woman ever hired into their training program.   MORE FROM DORIE FAIN

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MAURA GRIFFINMAURA GRIFFIN Blue Spark Capital Advisors Ms. Griffin has more than 20 years experience in the financial services industry, including stints at UBS Equities Research and Citigroup Private Bank. A graduate of Georgetown University, she is a Certified Financial Planner. MORE FROM MAURA GRIFFIN

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JENNIFER HATCH JENNIFER HATCH Christopher Street Financial Ms. Hatch has more than 20 years of Wall Street experience, including stints at JP Morgan and Bear Stearns, where she specialized in high yield bonds and international equities. She is a Certified Financial Planner dedicated to solving the financial dilemmas of same-sex couples.   MORE FROM JENNIFER HATCH

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EVE KAPLAN EVE KAPLAN Kaplan Financial Advisors Before starting her own firm, Ms. Kaplan spent many years in international finance in New York, Tokyo, Singapore and Rotterdam. In Rotterdam she managed nearly $1 billion in invested equities.   Columns on The Alternative Press Contributions to Forbes MORE FROM EVE KAPLAN

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DEBRA TAYLOR DEBRA TAYLOR Taylor Financial Group Formerly a practicing attorney, Ms. Taylor heads a full service wealth management firm that provides a multidisciplinary approach to the needs of her clients, which include high net worth individuals and families.   MORE FROM DEBRA TAYLOR

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