How to AVOID the Top 9 Most Common Tax Traps!

California estate planning attorney in legal webinar with California CPA of top firm: help avoid tax penalty & common tax traps 👉 Book a Call at to plan for best tax avoidance strategies & prevent tax disasters. Ever been surprised by a tax penalty? Suddenly shocked by a capital gains tax hit? Our experts have identified the top nine most common, but easily avoided “tax traps” that often snare even the most sophisticated people. Along the way, we cover the many ways that the federal and state tax systems are different, and how to avoid the resulting pitfalls and penalties—for starters, we’ll show you how to properly read a property tax bill! Even the best financial advisors often don’t know these tax traps—and even if they do, they might not share crucial warnings in time. This legal webinar could save you big money on taxes! 00:00 Intro 00:42 How to AVOID the Top 9 Most Common Tax Traps! 03:08 Trap #1: Delaying Your First Required Minimum Distribution 06:47 Trap #2: Real Estate Held in a Corporation 11:40 Trap #3: Fumbling an Inherited IRA or IRA Rollover from 401(k) 15:52 Trap #4: Leaving California…or Other Community Property State 21:57 Trap #5: Failing to Consider a ROTH Conversion 27:15 Trap #6: Giving Cash to a Charity 31:39 Trap #7: Living Trust as Beneficiary of a Non-IRA Annuity 36:37 Trap #8: Late Payment of Estimated California Income Tax 42:22 Trap #9: Innocent Spouse Trap 48:36 Trap #10: Leaving Money on the Table 53:16 Questions and What To Ask When You Call 👉 Book a Call at for California Living Trusts, Estate Planning, and Trust Administration. To learn more about tax planning, click here: To watch this video on our website, click here: SUBSCRIBE to California Estate Planning YouTube Channel CONTACT us at to discuss tax planning, estate planning, keeping your last will or living trust up to date, and find out about upcoming California estate planning events. Offices throughout California. WEBSITE: for California Estate Planning information FREE LEGAL WEBINARS: includes Q&As with expert attorneys! PHONE: 1-866-988-3956 for a consultation on a California Living Trust! #cunninghamlegal #estateplanning #taxplanning...(read more)

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"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

New York Times Company Continues to Add Online Subscribers at a Steady Clip

Business News by Timothy Sumer - The company’s first quarter results showed total paid subscriptions reaching 4.5 million. Online ad revenue rose 19 percent, to $55 million, thanks, in part, to “The Daily” podcast. from NYT > Business https://nyti.ms/304QC2w via Timothy Sumer

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'

Timothy Sumer

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