Michael Gray of Tax Trimmers joins us today. Death, taxes and inflation, are three constants in life. As long as we breath and have a government, they will remain so. 2012-2013 will be particularly hazardous to your wealth. Taxes are going higher and there’s nothing you can do about it. Therefore, if you haven’t started already, it’s a good idea to get your planning done now. There’s still a number of ways to minimize your tax liability for this year and in succeeding years as well. And while you’re at it, you need to figure out what to do with your IRA too. Tax law changes mean that your current investment strategy might not be effective in the future.
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