MoneyControl.com released a helpful list of tax and
investment tips for 2014. One of those tips might just surprise you too! It
advised taxpayers to resist the “ease” of joint filing and instead to file
independently. Every single member of every single family In America was
advised to follow this advice. MoneyControl.com advises establishing income
taxes for children and spouses who wouldn’t otherwise qualify by giving them
financial gifts.
Having everyone in your family file will get everyone on the
“financial” radar and might just lead to reduced taxes for the family as a
whole. And while this little tip isn’t a bad idea, know that there are many
other things you can be doing to improve your family’s financial state, such as
making smart investments.
For help making investments or knowing what to invest in,
brokerage services are a great resource. Platinum Financial Associates, located
in Naperville, offers a wide range of brokerage services to assist you no
matter where you currently stand financially. Give the friendly financial experts
a call and watch your family’s money multiply!
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