managing the impact of taxes on investment profits removes one of the largest impacts on creating long-lasting wealth.
Cleveland, OH (PRWEB) March 26, 2014
What is more likely to happen, being abducted by aliens or being audited by the IRS? As depicted in the information provided by Equity Trust, Forbes.com reports, a taxpayer earning less than $200,000 annually and filing a tax return that includes Schedules C or E is less likely to face an IRS audit than an encounter with aliens.
All humor aside, managing the impact of taxes on investment profits removes one of the largest impacts on creating long-lasting wealth. Self-directed IRAs allow your retirement account to benefit from the effort of researching and putting together a profitable investment, without losing those gains by having to pay a high percentage of taxes.
Equity Trust has compiled assessment tools to help explain the tax benefits derived from self-directed IRAs. The Company has also developed an exclusive webinar, Strategies for Reducing Taxes to Generate Wealth, which reveals simple self-directed investing tools that could reduce one’s taxable income for 2013 and beyond. With tax season at its height, learn how to make the tax laws work to your advantage.
About Equity Trust Company
Equity Trust Company, with its corporate headquarters in Greater Cleveland, Ohio and operations in Denver, Colorado and Sioux Falls, South Dakota is at the forefront of the self-directed retirement plan industry. The Company specializes in the custody of alternative assets in self-directed IRAs, Coverdell Education Accounts, Health Savings Accounts and qualified business retirement plans. Along with its affiliates, Equity Trust Company provides services to more than 130,000 individuals and businesses nationwide with $12 billion in assets under custody. Since 1974, the Company and its affiliates have helped investors make tax-free profits through education, innovation, and a commitment to understanding individual needs. Visit Equity Trust for more information.