With tax day right around the bend… are you prepared?
Listen to David speak with Daren Hamilton, a CPA and partner of Denman, Hamilton and Associates CPA, PLLC, speak candidly about the necessary balance between savings and spending, taxes, and the release of Hamilton’s first book The Balanced Approach.
Much of what we, as investors, have worked for is contingent on future stability. And as we all know, there are only two things guaranteed in life: death and taxes. As life, investments, and business transactions become more complicated so do taxes.
Having a CPA (Certified Personal Accountant) review and process your tax returns can be beneficial in many different ways, especially if you are a small business owner or affiliated with non-profit organizations. And, according to Hamilton, 1/4th to 1/3rd of taxpayers are paying unnecessary taxes.
Also, with the implementation of Obama’s Affordable Care Act taxes will be changing in 2014, making filing more complex than it already is; all persons earning over $250,000 will be taxed, to subsidize the program. Your investments are the target, and additional taxes will be placed on all passive investments.
Contrary to what many may be thinking, it’s perfectly legal and possible, through the services of a CPA, to shield certain taxes from increasing. Personal deductions, payroll services, and back-taxes or non-filed taxes are just a few of the specialized services offered through Denman, Hamilton and Associates. All transactions are handled with care thoroughly and confidentially. Denman, Hamilton and Associates serve their clients all over the U.S. They can be reached at: 501-312-9491
Hamilton’s book The Balanced Approach will be available mid April through amazon, and here on DLShowOnline.com