{"id":18453,"date":"2024-02-12T08:52:12","date_gmt":"2024-02-12T13:52:12","guid":{"rendered":"https:\/\/yourlifeafterwork.com\/?p=18453"},"modified":"2024-02-12T08:52:22","modified_gmt":"2024-02-12T13:52:22","slug":"tax-preparation","status":"publish","type":"post","link":"https:\/\/yourlifeafterwork.com\/tax-preparation\/","title":{"rendered":"Tax Preparation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"18453\" class=\"elementor elementor-18453\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-347f15c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"347f15c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f08014b\" data-id=\"f08014b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-209f311 elementor-widget elementor-widget-text-editor\" data-id=\"209f311\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 01-11-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Ah yes, April 15th. A national holiday of sorts, if accounting is your thing. For the vast majority of us, April 15th is a dreaded deadline when we submit all of our financial activities from the previous year to the IRS to determine how much they owe us. Or, more forebodingly, how much we owe them.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c40e67d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c40e67d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8ade26d\" data-id=\"8ade26d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5498fbb elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"5498fbb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Tax reporting is stressful enough when we are working. Tax reporting changes drastically when we enter retirement. We now must consider how much of our Social Security benefit is subject to tax, how much we\u2019ve distributed from tax-deferred accounts, etc.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c366584 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c366584\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8482a2d\" data-id=\"8482a2d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aad18f0 elementor-widget elementor-widget-text-editor\" data-id=\"aad18f0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>At Financial Enhancement Group, we take care of people through all walks of their financial journey. Most people go through three phases of finance, which we call Accumulation, Preservation, and Distribution. Planning and targeting a few primary focal points during your financial journey, if done right, will allow you to control taxation in retirement.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0eb7791 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0eb7791\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b399aa9\" data-id=\"b399aa9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-838734d elementor-widget elementor-widget-text-editor\" data-id=\"838734d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In the accumulation phase, focus primarily on the following:<br \/>\u00a0 \u00a0 \u00a0 \u00a0\u2022 Saving the correct percentage of your income; the younger you are, the smaller that percentage needs to be.<br \/>\u00a0 \u00a0 \u00a0 \u00a0\u2022 Building tax diversification between three types of accounts:<br \/>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 o Tax-Deferred Accounts: IRA's, 401(k)s, 403(b)s<br \/>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 o Tax-Free Accounts: ROTH IRA's<br \/>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 o Taxable Account: Brokerage accounts and bank accounts<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ecf60f3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ecf60f3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-470e9a6\" data-id=\"470e9a6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0861c0 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"f0861c0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>During the preservation stage, where the amount of assets that you currently have is more important than the amount that you are saving, focus on the following:<br \/>\u00a0 \u00a0 \u00a0 \u2022 Reducing your liabilities and your standard of living in preparation for the last phase of finance, distribution<br \/>\u00a0 \u00a0 \u00a0 \u2022 Making sure your investments are in line with your risk profile<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2a8c3cf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2a8c3cf\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0db5510\" data-id=\"0db5510\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0f270f9 elementor-widget elementor-widget-text-editor\" data-id=\"0f270f9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The last phase of finance is distribution, and the two most important things to focus on during this phase of finance include the following:<br \/>\u00a0 \u00a0 \u00a0 \u2022 Managing market volatility through your distribution points<br \/>\u00a0 \u00a0 \u00a0 \u2022 Managing the taxes that you pay on your distributions and income sources<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ab23988 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ab23988\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-adf9b78\" data-id=\"adf9b78\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-39dc5a4 elementor-widget elementor-widget-text-editor\" data-id=\"39dc5a4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Inevitably, taxes are coming in retirement, and how you prepare for them will help you control how your dollars are taxed. If all your savings are in tax-deferred accounts, you cannot control taxation, because every future dollar you withdraw will be taxed. Therefore, it is essential to start building tax diversification inside your retirement vehicles.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8aedc3c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8aedc3c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ab96f15\" data-id=\"ab96f15\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-30ae300 elementor-widget elementor-widget-text-editor\" data-id=\"30ae300\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>To illustrate the importance of tax diversification, let's assume hypothetically that you and your spouse need $10,000 a month net (after taxes) to maintain your standard of living in retirement. After reviewing all income sources, you realize you will need to withdraw from your investments in order to accomplish your income needs. If proper tax diversification has previously been established, I might recommend you withdraw from your tax-deferred assets up to the top of the 12% marginal tax bracket. For anything above that amount, you could take a distribution from a taxable account or Roth. This prevents those pre-tax dollars from being subjected to the next marginal rate of 22% and reduces your overall tax liability.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d9e380 elementor-widget elementor-widget-text-editor\" data-id=\"9d9e380\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Seeking the guidance of a fiduciary financial professional, like Financial Enhancement Group, will help ensure that you have done proper tax planning to control your tax liability in retirement. Happy Planning!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6519a48 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6519a48\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9b3fafe\" data-id=\"9b3fafe\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-65adfd6 elementor-widget elementor-widget-text-editor\" data-id=\"65adfd6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Financial Enhancement Group is an SEC Registered Investment Advisor.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Ah yes, April 15th. A national holiday of sorts, if accounting is your thing. For the vast majority of us, April 15th is a dreaded deadline when we submit all of our financial activities from the previous year to the IRS to determine how much they owe us. Or, more forebodingly, how much we owe [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":18458,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[293,419,422,279,148,452,342,344,303,372,343,471,46,274,43,305,409,44],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tax Preparation - The Financial Enhancement Group<\/title>\n<meta name=\"description\" content=\"Tax reporting is stressful enough when we are working. Tax reporting changes drastically when we enter retirement. We now must consider how\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/yourlifeafterwork.com\/tax-preparation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax Preparation - The Financial Enhancement Group\" \/>\n<meta property=\"og:description\" content=\"Tax reporting is stressful enough when we are working. Tax reporting changes drastically when we enter retirement. We now must consider how\" \/>\n<meta property=\"og:url\" content=\"https:\/\/yourlifeafterwork.com\/tax-preparation\/\" \/>\n<meta property=\"og:site_name\" content=\"The Financial Enhancement Group\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-12T13:52:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-12T13:52:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/yourlifeafterwork.com\/wp-content\/uploads\/2024\/02\/Tax-Preparation.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kyle Kent\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kyle Kent\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/yourlifeafterwork.com\/tax-preparation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/yourlifeafterwork.com\/tax-preparation\/\"},\"author\":{\"name\":\"Kyle Kent\",\"@id\":\"https:\/\/yourlifeafterwork.com\/#\/schema\/person\/f2e2c6884705a6a9ee961f6dff5f9156\"},\"headline\":\"Tax Preparation\",\"datePublished\":\"2024-02-12T13:52:12+00:00\",\"dateModified\":\"2024-02-12T13:52:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/yourlifeafterwork.com\/tax-preparation\/\"},\"wordCount\":515,\"publisher\":{\"@id\":\"https:\/\/yourlifeafterwork.com\/#organization\"},\"articleSection\":[\"401k\",\"5 Critical Elements\",\"Aging\",\"Appreciated Assets\",\"Articles By Grant\",\"Assets\",\"Behavioral Finance\",\"Budget\",\"Compound Interest\",\"Dividends\",\"Emotional Trading\",\"Financial Planning\",\"Investing\",\"Lifestyle\",\"Retirement Planning\",\"Tax Planning\",\"Tax Reporting\",\"Taxes\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/yourlifeafterwork.com\/tax-preparation\/\",\"url\":\"https:\/\/yourlifeafterwork.com\/tax-preparation\/\",\"name\":\"Tax Preparation - The Financial Enhancement Group\",\"isPartOf\":{\"@id\":\"https:\/\/yourlifeafterwork.com\/#website\"},\"datePublished\":\"2024-02-12T13:52:12+00:00\",\"dateModified\":\"2024-02-12T13:52:22+00:00\",\"description\":\"Tax reporting is stressful enough when we are working. Tax reporting changes drastically when we enter retirement. We now must consider how\",\"breadcrumb\":{\"@id\":\"https:\/\/yourlifeafterwork.com\/tax-preparation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/yourlifeafterwork.com\/tax-preparation\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/yourlifeafterwork.com\/tax-preparation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/yourlifeafterwork.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tax Preparation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/yourlifeafterwork.com\/#website\",\"url\":\"https:\/\/yourlifeafterwork.com\/\",\"name\":\"The Financial Enhancement Group\",\"description\":\"We Help Reduce Your Financial Regrets\",\"publisher\":{\"@id\":\"https:\/\/yourlifeafterwork.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/yourlifeafterwork.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/yourlifeafterwork.com\/#organization\",\"name\":\"The Financial Enhancement Group\",\"url\":\"https:\/\/yourlifeafterwork.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/yourlifeafterwork.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/yourlifeafterwork.com\/wp-content\/uploads\/2020\/04\/FEG-Logo-Color-on-Transparent_full_crop-1-e1588176809215.png\",\"contentUrl\":\"https:\/\/yourlifeafterwork.com\/wp-content\/uploads\/2020\/04\/FEG-Logo-Color-on-Transparent_full_crop-1-e1588176809215.png\",\"width\":350,\"height\":116,\"caption\":\"The Financial Enhancement Group\"},\"image\":{\"@id\":\"https:\/\/yourlifeafterwork.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/yourlifeafterwork.com\/#\/schema\/person\/f2e2c6884705a6a9ee961f6dff5f9156\",\"name\":\"Kyle Kent\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/yourlifeafterwork.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fbcc10af4acbc431ac3a0aa22d93bcba?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fbcc10af4acbc431ac3a0aa22d93bcba?s=96&d=mm&r=g\",\"caption\":\"Kyle Kent\"},\"sameAs\":[\"http:\/\/www.yourlifeafterwork.com\"],\"url\":\"https:\/\/yourlifeafterwork.com\/author\/kyle-kent\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tax Preparation - The Financial Enhancement Group","description":"Tax reporting is stressful enough when we are working. Tax reporting changes drastically when we enter retirement. We now must consider how","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/yourlifeafterwork.com\/tax-preparation\/","og_locale":"en_US","og_type":"article","og_title":"Tax Preparation - The Financial Enhancement Group","og_description":"Tax reporting is stressful enough when we are working. Tax reporting changes drastically when we enter retirement. We now must consider how","og_url":"https:\/\/yourlifeafterwork.com\/tax-preparation\/","og_site_name":"The Financial Enhancement Group","article_published_time":"2024-02-12T13:52:12+00:00","article_modified_time":"2024-02-12T13:52:22+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/yourlifeafterwork.com\/wp-content\/uploads\/2024\/02\/Tax-Preparation.jpg","type":"image\/jpeg"}],"author":"Kyle Kent","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kyle Kent","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/yourlifeafterwork.com\/tax-preparation\/#article","isPartOf":{"@id":"https:\/\/yourlifeafterwork.com\/tax-preparation\/"},"author":{"name":"Kyle Kent","@id":"https:\/\/yourlifeafterwork.com\/#\/schema\/person\/f2e2c6884705a6a9ee961f6dff5f9156"},"headline":"Tax Preparation","datePublished":"2024-02-12T13:52:12+00:00","dateModified":"2024-02-12T13:52:22+00:00","mainEntityOfPage":{"@id":"https:\/\/yourlifeafterwork.com\/tax-preparation\/"},"wordCount":515,"publisher":{"@id":"https:\/\/yourlifeafterwork.com\/#organization"},"articleSection":["401k","5 Critical Elements","Aging","Appreciated Assets","Articles By Grant","Assets","Behavioral Finance","Budget","Compound Interest","Dividends","Emotional Trading","Financial Planning","Investing","Lifestyle","Retirement Planning","Tax Planning","Tax Reporting","Taxes"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/yourlifeafterwork.com\/tax-preparation\/","url":"https:\/\/yourlifeafterwork.com\/tax-preparation\/","name":"Tax Preparation - The Financial Enhancement Group","isPartOf":{"@id":"https:\/\/yourlifeafterwork.com\/#website"},"datePublished":"2024-02-12T13:52:12+00:00","dateModified":"2024-02-12T13:52:22+00:00","description":"Tax reporting is stressful enough when we are working. Tax reporting changes drastically when we enter retirement. We now must consider how","breadcrumb":{"@id":"https:\/\/yourlifeafterwork.com\/tax-preparation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/yourlifeafterwork.com\/tax-preparation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/yourlifeafterwork.com\/tax-preparation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/yourlifeafterwork.com\/"},{"@type":"ListItem","position":2,"name":"Tax Preparation"}]},{"@type":"WebSite","@id":"https:\/\/yourlifeafterwork.com\/#website","url":"https:\/\/yourlifeafterwork.com\/","name":"The Financial Enhancement Group","description":"We Help Reduce Your Financial Regrets","publisher":{"@id":"https:\/\/yourlifeafterwork.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/yourlifeafterwork.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/yourlifeafterwork.com\/#organization","name":"The Financial Enhancement Group","url":"https:\/\/yourlifeafterwork.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/yourlifeafterwork.com\/#\/schema\/logo\/image\/","url":"https:\/\/yourlifeafterwork.com\/wp-content\/uploads\/2020\/04\/FEG-Logo-Color-on-Transparent_full_crop-1-e1588176809215.png","contentUrl":"https:\/\/yourlifeafterwork.com\/wp-content\/uploads\/2020\/04\/FEG-Logo-Color-on-Transparent_full_crop-1-e1588176809215.png","width":350,"height":116,"caption":"The Financial Enhancement Group"},"image":{"@id":"https:\/\/yourlifeafterwork.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/yourlifeafterwork.com\/#\/schema\/person\/f2e2c6884705a6a9ee961f6dff5f9156","name":"Kyle Kent","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/yourlifeafterwork.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fbcc10af4acbc431ac3a0aa22d93bcba?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fbcc10af4acbc431ac3a0aa22d93bcba?s=96&d=mm&r=g","caption":"Kyle Kent"},"sameAs":["http:\/\/www.yourlifeafterwork.com"],"url":"https:\/\/yourlifeafterwork.com\/author\/kyle-kent\/"}]}},"_links":{"self":[{"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/posts\/18453"}],"collection":[{"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/comments?post=18453"}],"version-history":[{"count":6,"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/posts\/18453\/revisions"}],"predecessor-version":[{"id":18462,"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/posts\/18453\/revisions\/18462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/media\/18458"}],"wp:attachment":[{"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/media?parent=18453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/categories?post=18453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourlifeafterwork.com\/wp-json\/wp\/v2\/tags?post=18453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}