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October 12, 2005
Year-end tax pitfalls
I just listened in on a year-end tax planning conference call featuring three financial planners that are part of Zero Alpha Group. They identified these four common pitfalls of investors this time of year:
- Blowing your bonus
- Giving gifts (to charities or heirs) without an eye to cutting your taxes
- Cluelessness on the alternative minimum tax (AMT)
- “Playing Santa Claus” at the expense of your retirement plan
For more details on the mistakes, you can read the full press release and even listen to a replay of the conference by following this link: "Avoid the four biggest pitfalls of year-end tax/financial planning."
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