10 Tax Mistakes That Could Cost You Huge Penalties — Or Worse - 110

Your Money, Your Wealth

Business News, Education, News, Investing, Business

4.6 • 794 Ratings

🗓️ 10 April 2017

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

The pros and cons of taking Social Security before full retirement age, tax mistakes that could cost you huge penalties or worse, IRA myths, the morality of found money, and what Joe and Big Al know and love about social media. The fellas also answer emails about making 40% annual returns on your investments, and sound strategies for putting inherited IRA money into a Roth.

Transcript

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0:00.0	Why you shouldn't claim Social Security early?
0:03.8	Or should you?
0:04.8	How not filing a tax return could land you in jail.
0:08.0	And what would you do if you found $500 in an ATM?
0:11.4	This is Your Money, Your Wealth.
0:13.7	Today on Your Money Your Wealth, Joe and Big Al discuss the pros and cons of taking Social Security before full retirement age.
0:20.6	Tax mistakes that could cost you
0:21.9	huge penalties or worse. IRA myths, the morality of found money, and what they know and love
0:28.3	about social media. The fellas also answer emails from the absurd to the sublime, from making
0:33.7	40% annual returns on your investments to sound strategies for putting inherited IRA money into a Roth.
0:40.2	Now here are CFP Joe Anderson 2323 on Instagram
0:44.0	and CPA Allen.clopine on Facebook.
0:48.5	Alan, I have this ongoing question
0:51.7	that I'd like to get your input.
0:53.6	Okay, we did our social security webinar ongoing question that I'd like to get your input. Okay.
0:57.6	We did our, you know, Social Security webinar.
0:58.4	Right.
0:59.1	Last week, huh?
0:59.4	Yeah.
1:01.2	A lot of people came to that.
1:01.7	Yeah, 500.
1:02.3	Yeah.
	...

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