More Money In Your Pocket and Less To Uncle Sam

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Financial Matters with Richard Oring

Business


Today Rich and Jag look at ways to keep more of your money and give less of it to Uncle Sam.First, we look at basic tax terms includingAdjusted Gross Income (AGI)Above The Line DeductionsItemized DeductionsStandard DeductionsTaxable IncomeCreditsTotal TaxNext, we tackle ways to reduce your W2 income:Contributing to a traditional 401kFunding a traditional IRAHSAs and FSAsCommuter BenefitsWe also look at different investment strategies that can lower your tax burden.Resources:Email Richard: ROring@ncfg.comNew Century Financial Group WebsiteCall Richard: 609-924-2049 x126