Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Now that I am officially retired dance and starting to live on my savings and investments, I am thinking more seriously about how taxes will affect my future spendable income.
I am looking for some type of Primer that explains the tax laws and terms in layman's language, give examples, and can be used to develop a strategy to minimize future tax obligation. I would appreciate any suggestions for a book, magazine, website, etc.
I fully realize that tax laws change and will probably change again in 2013. This year my taxable income will be driven mostly by my salary for the first 9 months of the year. But, next year, I will have control over a much greater percentage of my taxable income, since about 2/3rds of my income will come from from already taxed savings, regular IRA's and a Roth IRA. The other 1/3rd will be my pension.
I don't expect miracles, but I don't want to give away the farm due to ignorance.
I am looking for some type of Primer that explains the tax laws and terms in layman's language, give examples, and can be used to develop a strategy to minimize future tax obligation. I would appreciate any suggestions for a book, magazine, website, etc.
I fully realize that tax laws change and will probably change again in 2013. This year my taxable income will be driven mostly by my salary for the first 9 months of the year. But, next year, I will have control over a much greater percentage of my taxable income, since about 2/3rds of my income will come from from already taxed savings, regular IRA's and a Roth IRA. The other 1/3rd will be my pension.
I don't expect miracles, but I don't want to give away the farm due to ignorance.
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