Financial Calculators

“When we make great investment decisions that result in higher than necessary taxation, unfortunately, it results in having one foot on the gas and one foot on the brake. While the investment may pay off, poor tax planning just allows the IRS to rob you of some of those precious gains. On the flip side of the coin, we all too often see people make grave investment mistakes by only looking at the tax benefits of an investment. This can help in saving in taxes; however, sometimes investors find themselves in a situation where they have very little to no access to their principal investment or, even worse, lose it completely. If you read the fine print of many investments, they will advise you to be sure to seek advice from a tax professional. This is a disclaimer to help the investment and/or insurance company avoid any pitfalls you may experience as a result of making investment decisions solely on the tax savings merit. This is yet another reason to consider East Coast Tax and Financial Planning. You’ll get a tax, investment, and insurance professional all in one room, discussing your money, future, and your goals. This allows you to make informed decisions that take these very different but intertwined aspects to financial planning into consideration.”