The end of the year that is!
Please, pardon my “drama” but, truly, we have just entered the 4th quarter of 2011 and there are many issues you should consider and decisions you should make before December 31st rolls around. For example:
- Taxes & what you can do to reduce them
- Retirement Planning, implementing a Roth conversions or maximum funding your 401k?
- Investments – Reallocating your investments for safety and growth in trying to outmaneuver these crazy markets
- Insurance, review your coverage, updating your beneficiaries
- Health & Medical expenses – Reviewing your HSA account, calculate deductibles to ensure you make the best use of them
- Personal Milestones – Changes in your life to your health, your work, and…
- Changes in Your Family
Is Your Accountant a Historian?
In reality, most accounts and other tax professionals do NOT help you plan your taxes. Their routine is generally; send out the tax packets in January or February, then schedule the appointments before April 15th. If they don’t make your filing on time, then they file the automatic extension.
The problem is that anything you could have done to reduce your taxes needed to be done before the end of the year. Truly, tax professionals are more like historians than tax advisers, recording what has already happened in the past rather than advising you about the choices and options you could make to change your future. I’m not getting down on your tax preparer. I’m just stating that this is generally the way things are done and there is a BIG problem with this process.
Another Problem and The Solution
Another problem is that we are so busy living our lives everyday that we put off doing the things today that could change our lives for the better tomorrow. That is the positive way of looking at the situation. The opposite is that we put off things until it is too late, then we suffer the consequences in the future.
Either way, I have a simple solution for you. It’s a 5 minute review of the 2011 Last-Chance checklist. A neat little checklist that highlights all the areas that you could or should address before the end of the year.
Get Your Copy of the 2011 Last-Chance Checklist
If you would like a copy of the 2011 Last-Chance Checklist, all you need to do is select the link below to download a copy.
Get your free copy of the
2011 Last-Chance Checklist
If you would like some help in working with the issues you want or need to address personally, they please send an email to me at Randy@LifetimeParadigm.com Be patient, of course, as it may take some time for me to reply. That said, I promise that I WILL respond to your questions. If you are in a hurry, give me a call. I can be reached at 800-810-1736 Extension 301.
The Tax Transformation Workshop
For those of you who are really serious about learning about cutting edge financial strategies one of my associates, Mark Kohler, is giving a seminar on November 17th. To view the Facebook events page for this workshop go to:
The Economic Transformation Workshop with Mark Kohler
Mark is an excellent speaker, an author, an attorney and a CPA. Be sure to check out this workshop and look for your 2011 Last Chance checklist very soon. If you don’t see it, let me know. I’ll be sure you get it.
Let’s make 2012 a GREAT year by ending 2011 in a better, smarter, safer way!
It’s a Good Life!
Randall A. Luebke RMA, RFC
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