Last month, Michael Piershale, president of Piershale Financial Group, appeared on Chicago’s WGN-TV “Your Money Matters” to discuss tax planning tips for viewers to consider before April 2014. Michael stressed that even though the tax season is months away, taxpayers should acknowledge and understand their financial situation to allow for significant tax savings before it’s time to file.
The Official blog of Michael Piershale, Personal Finance Expert
Showing posts with label Tax planning. Show all posts
Showing posts with label Tax planning. Show all posts
Thursday, September 5, 2013
Wednesday, September 4, 2013
Mike Piershale on “Mike in a Minute:” Mid-year tax planning tips
If you’ve been following our “Mike in a Minute” series, you know that Mike Piershale, President of Piershale Financial Group, is answering common personal finance questions in 60 seconds of less.
Today, he’ll offer insight into an important topic everyone should be educated on: tax planning strategies for individuals that guarantee tax savings before April 2014.
In this segment, Mike recommends individuals place all unused income into a retirement plan instead of bank accounts. He specifically mentions the significant tax advantages in contributing to a 401(k) plan and explains how building this fund teaches financial responsibility.
Tune in next week for more “Mike in a Minute!”
Today, he’ll offer insight into an important topic everyone should be educated on: tax planning strategies for individuals that guarantee tax savings before April 2014.
In this segment, Mike recommends individuals place all unused income into a retirement plan instead of bank accounts. He specifically mentions the significant tax advantages in contributing to a 401(k) plan and explains how building this fund teaches financial responsibility.
Tune in next week for more “Mike in a Minute!”
Labels:
Mike in a Minute,
Tax planning,
taxes
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