Tip your Server, Not the IRS:

Death and taxes. The undefeated champions of life.

I’d like to think my firm's consistency and follow-through are pretty dependable too, but I have to admit the IRS has a longer track record.

Taxes are complex, constantly changing, and often far more flexible than most people realize. With thoughtful, proactive planning, the difference over a lifetime can be significant. My philosophy is simple: pay what you owe, follow the rules, and take advantage of every strategy available to you.

Tip your server generously. The IRS does not need a bonus for their sub-standard service.

Article of Interest

New Tax Break for Seniors

A new tax bill recently changed the way that Social Security income is taxed by adding an additional deduction for those 65 and older. Some media outlets have been touting this as "no tax on Social Security," but, of course, it's not quite that simple. This short article from the Center for Retirement Research details the new deduction. I know first-hand that taxes don't go away once you retire, and in some ways they maybe even get more complicated. Reducing tax burden is one of the biggest ways I save my clients money, so if you have questions about reducing yours, reach out. You can simply hit reply to this email.

New Content from Retire to Abundance

The Simplest Way to Avoid Taxes

Breaking News! I’ve actually discovered the two best ways to avoid taxes entirely!

First option: make no money. None. Zero. Retire to a cabin, grow your own food, and transact exclusively in bartered zucchini. The IRS tends to lose interest when there’s nothing to report.

Second option: just don’t pay them and see what happens. I do not recommend this route, but technically it does avoid taxes… at least briefly. Orange jumpsuits are not a great retirement wardrobe, though.

Alright, neither of those are great life choices, but there are several great things in this blog:
​
→ The 6 factors that will actually move the tax needle in your life
→ Why you don't need to pay attention to the other 97 million tax factors
→ How intentional, forward-looking tax planning can save you thousands (or even more)
→ Why a complex tax code shouldn't mean a complex tax strategy

Recent Media Mentions

I routinely get inquiries from reporters needing expert personal finance opinions. Here's an article I've been quoted in recently. You can check out the rest on my media page.

4 Ways the Trump Administration Can Decrease the Retirement Costs in the Next 3 Years

It's February and Love is in the air! Communicating your legacy plan to those you love may be the single greatest gift you can give to them. This six-page guide will step you through the process. Download it here

I love hearing from you! Please hit reply with any questions, comments, or feedback. I personally read and respond to every message. And if you know someone who would benefit from this newsletter, please consider forwarding it to them.

​​​​​

Was this email forwarded to you? Check out my newsletter archives, where you can signup as well.

The Retire to Abundance Newsletter is for education and entertainment purposes only. Nothing should be construed as investment, tax, or legal advice. Links to third party websites may contain content that is not approved by QED Wealth Solutions. QED Wealth Solutions, LLC is a registered investment adviser offering advisory services in the States of Kansas and Texas and in other jurisdictions where exempt from registration. Media appearances may include commentary facilitated through a paid third-party service that connects subject-matter experts with journalists. The firm does not pay journalists or media outlets for coverage or placement. No endorsements implied.

350 N Main, Kingman, KS 67068
​Unsubscribe · Preferences​