Chu Investment Group

Credible and Clear Financial Advice

Minimize Your Tax Liability

The difference between preparing for income taxes and planning for income taxes is analogous to the difference between keeping score of a game and playing the game.  You can’t change the score after the game is over.  Likewise, there only a few limited options such as an IRA for a taxpayer to do proper tax planning when the tax year is already over.

At a minimum, clients need to plan at least one year in advance.  Some powerful tax reducing tools such as Flexible Spending Accounts for Healthcare and Dependent Care that require planning more than one year in advance.

CIG charges $60 per half hour for ad hoc advice.

· Partial List of Tax Planning Topics

· Marginal Tax Rate (Tax on Next $1 of Income)

· Federal and California Withholding

· Effective After Tax Yields on Corporate, U.S. Treasury, and Municipal Bills and Bonds

· AMT (Alternative Minimum Tax) Planning

· Tax Consequences of Retirement Planning

· Tax Deductible IRA (Individual Retirement Account) vs. Roth IRA

· Roth 401(k)

· Buy and Hold vs. Annuity

· Maximizing Deductions, Credits, and Personal Exemptions

· Above the Line Deductions

· Retirement Plans

· Flexible Spending Accounts for Healthcare and Dependent Care

Chu Investment Group

45 Avondale

Irvine, CA 92602

(714) 376-7959

finance@johncig.com

To contact us:

Tax Planning