[IMGCAP(1)]Fresh from year-end tax planning meetings with clients, we’ve identified four areas where great tax planning and great financial planning collide, specifically for people accumulating wealth.
Many rely 100 percent on their wages to fund their lifestyle, and are at their peak spending years. They have not built enough wealth for work to be optional yet. The following four areas can offer them tax savings opportunities in the right situation, but applied without regard to the rest of the story, can be toxic to their survival.
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