Make sure you’re using one, or all three, of these tax strategies so you pay the lowest amount of taxes in retirement.
At the end of the year, a lot of people consider charitable giving. While helping others is the most important thing, there are a few things you can keep in mind so that your giving also reduces your taxes.
President Trump was accused of perhaps cheating on his taxes because he paid almost nothing in taxes. Is that really possible or was he cheating? Regardless, it serves as a great lesson in planning.
If we had to choose just one tax strategy to focus on in retirement, THIS would be it.