
Five Costly Tax Mistakes and How to Avoid Them
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Five Costly Tax Mistakes and How to Avoid Them
Waiting until filing season is the most expensive mistake of all. In this episode, Moise Piram and Andrew Nida from Asset Management Group Inc break down the five costly tax mistakes we see most with high income households and the simple fixes that keep your plan on track.
What you will learn
Why taxes should refine your plan, not drive it
The difference between deductions and credits with quick math you can use
Vehicle write offs and what the rules really require
How to spot risky tax driven deals before they derail your plan
The year end moves that actually need to happen by December 31
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Important disclosures
This video is for educational purposes only and is not tax, legal, or investment advice. Consult your CPA, tax advisor, and financial advisor about your specific situation. Asset Management Group Inc is not a CPA firm. All strategies depend on individual circumstances and current IRS rules as of the date of recording. No guarantee of outcomes or performance.