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How Well Do You Know Your Taxes?

Posted by Barrett Costello  January 27, 2014 04:19 PM

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How Well Do You Know Your Taxes?

Bradley on Finance...Making Finance Fun!

It is that time of year again... W-2's have gone out and Uncle Sam is getting ready to do one of two things... 1)issue you a refund, or, 2)expect to get paid!

Taxes...

Like most financial planning issues that come up, it's not always an easy or particularly fun topic to address. It doesn't have to be that way. Consider this...

Being in New England you have probably heard that no two snowflakes are alike. If you are like me then you have already seen way-way too many snowflakes! Well, like snow flakes, each one of us has a unique tax situation. Often times there are many questions that come up around this time of year. Here is one place to get some answers, www.irs.gov/Individuals, but for many of us taxes is a financial planning topic that we need some professional help with.

Taxes are an important part of the Financial Planning process, just like Estate Planning, College Savings, Retirement, Investments, Insurance, etc... A Certified Financial Planner™ (CFP) is best suited to help you develop a customized plan to address all of these important issues. You can find a CFP™ near you by visiting www.fpama.org/consumers/ and using the Planner Search tool.

Let's have a little fun... Do you know the answers to Bradley's tax questions? How Well Do You Know Your Taxes? These are everyday questions that effect many of us. If the answer is no...don't worry! We will be blogging more about important issues, like taxes, in the weeks and month ahead.

For more information please visit fpama.org to find a Certified Financial Planner™ (CFP) near you. Stay tuned for more installments of, How Well Do You Know Your Money?

By the Financial Planning Association™ of Massachusetts

This blog is not written or edited by Boston.com or the Boston Globe.
The author is solely responsible for the content.

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ABOUT MANAGING YOUR MONEY
Local finance professionals share insights and advice on issues such as budgeting, managing debt, and retirement planning.

About the contributors

D. Abraham Ringer is a CERTIFIED FINANCIAL PLANNER practitioner and a Financial Adviser with Morgan Stanley Global Wealth Management in Boston. He is registered in MA, NH, NY and several other states to which his articles are directed. For more information please visit www.morganstanleyfa.com/ringer
Financial Planning Association™ of Massachusetts has 900 members who specialize in the financial planning process. Many of its members engage in philanthropic pro bono work in their communities, recommend legislation, elevate public awareness, promote financial literacy, and advocate for sound economic and tax policies.
Odysseas Papadimitriou is the founder of CardHub.com, a credit card and gift card marketplace, and WalletHub.com, a personal finance site. He has more than 13 years of experience in the personal finance industry, and previously served as senior director at Capital One.

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