One of the most fundamental forces behind the American Revolution was no taxation without representation. We do have representation. But is the representative government representing the true taxation to the American taxpayers? The Revenue Code is 72,000 pages of complex codex and so convoluted that it obscures the real tax liability leveled at federal taxpayers. The compliance cost alone to administrate the enforcement of the IRS exceeds $430 billion. Steve and Ken introduce you to the gauntlet that is the tax system. Hold on to your wallet.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Steve is the number one online author and videographer of insurance content. During his 30-year career in the financial services industry,... More
Steve Savant recently shared that Just a reminder: Advanced Life Deferred Annuities (up to a certain limit) may be excluded from Required Minimum Distributions calculations. This is a huge opportunity in RMD management in retirement.