LAKE MARY, Fla., Oct. 31, 2019 /PRNewswire-PRWeb/ -- Chuck Oliver, founder and owner of The Hidden Wealth Solution, recently broadcasted his tax reduction discussion geared towards Boomer's and retirees and those who filed an extension for their 2018 tax year.
Oliver stated "Many of us, including myself, filed an extension for 2018 as we were waiting on business activity that couldn't be reported on prior to the typical mid-April tax date. It's likely that if you filed an extension you likely paid tax and more than likely used strategies to save tax. I ask people what they are doing now to prevent unnecessary taxation for their 2019 tax filing? Typically, after people officially file their taxes after they have already filed for their extension, they usually don't pay any attention to taxes until the time they are due again. Right now, with holidays around the corner and people looking ahead to 2020 the thought of strategic tax planning goes unnoticed and the vicious paying more tax than necessary cycle repeats itself year after year. According to Forbes, "a senior's largest unexpected expense is taxes." Right now, tax rates are at an all time low so it's an amazing window of opportunity for people to be able to make changes now especially with the Trump Tax cuts that may have a limited shelf life with the unknown outcome of the 2020 presidential election that will be decided already next year. If you are concerned with income taxes or had a large capital gain in 2019 or had to take more then normal out of your Roth IRA you should seriously consider the tax savings benefits of learning proven ways that can enable you to reduce your tax for your 2019 tax filing. The RMD's (required minimum distribution) will also cause retirees to really think twice about how to reallocate so less taxes are actually paid."
Oliver's radio show aired on October 26th and October 27th in five U.S. markets including Orlando, Florida, Tampa, Florida, Jacksonville, Florida, Dayton, Ohio and Phoenix, Arizona. His hour-long show attracted thousands of Baby Boomers and those thinking ahead to retirement. To hear Oliver's latest radio broadcast visit online at: https://thehiddenwealthsolution.com/hidden-wealth-radio/
Those who have not had the opportunity to hear Oliver can tune in each weekend on Newsradio 93.1FM WFLA/540AM in Orlando on Saturdays at 11am EST and Sundays at 1pm EST. Those living in Jacksonville can tune into News 104.5FM WOKV on Sundays at 11am EST, in Tampa on Newsradio 970AM WFLA on Sundays at 11am EST, in Dayton on Sundays at 9am EST on WHIO Newstalk Radio 95.7FM/AM1290 and in Phoenix on Newstalk 550 KFYI on Sundays at 11am MST.
Oliver also hosts a complimentary weekly webinar every Tuesday at 11AM EST, 3PM EST, 7PM EST, 8PM EST, and 10PM EST. Those joining the webinar can learn more about how the financial and wealth advisors at the Hidden Wealth Solution help Baby Boomers and retirees navigate the legal taxation loop holes so they pay less in tax. To register for Oliver's Tuesday webinar, visit online at: https://retirementprotected.com/
Oliver added "I ask clients "what are you doing about preserving unnecessary taxation before the year end?" Most often many are unclear what they need to do and if in fact they can still do anything this late in the year. There are a whole host of tax savings tactics people can employ. I encourage baby boomers and retirees to review one of my articles online located at: https://thehiddenwealthsolution.com/financial-tips-for-retired-baby-boomers as well as reviewing this article: https://thehiddenwealthsolution.com/10-tips-for-retirement-planning/ which offers up additional tips for retirement planning. It's never too early to save tax. It's too late to save tax after the new year. There is a significant difference between someone that tells you what you owe versus someone that teaches how much less you have to pay. If Boomer's and Retirees don't get taxes right, everything else will be limited."
Oliver also educates clients on the SECURE Act in which heirs will be faced with heavy taxation on investments they inherit. To read more about the SECURE Act retirees are encouraged to visit online at: https://thehiddenwealthsolution.com/secure-act
The Hidden Wealth Solution is located at 250 International Parkway, Suite 146, Lake Mary, FL 32746. Their financial advisors are available Monday through Friday between 9AM and 6PM EST to consult with clients. Their office is in the heart of Central Florida in Seminole County just 19 miles east of Downtown Orlando and 44 miles west of Daytona Beach. Their clients range in asset size from $250,000 on up in retirement savings and need assistance in managing their wealth.
Oliver stated "we have helped clients who have retired from a variety of careers including healthcare, human resources, CEO's, CFO's, owners of trade businesses (i.e. plumbing, HVAC, etc.), attorneys, engineers, CPA's, accountants and many other fields. Our passion is helping people discover and uncover their hidden wealth so they can protect themselves from taxes, inflation and market loss. We teach people how to insulate themselves, so they keep more of their savings."
To read more about The Hidden Wealth Solution, visit online at: https://thehiddenwealthsolution.com/ or to speak with a financial advisor call 1-800-825-1766 or 407-478-1599.
SOURCE Chuck Oliver
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