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Reply to "Holy Tax Bill Batman"
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[quote=Anonymous]I realize we could hire a financial advisor, but I'd like to pick your brains first. We dabbled in real estate. Got burned, but not too bad with the tax shelter (i.e. we paid for a second home vs. paying taxes). Can someone please explain trusts? We already not only max out but exceed everything we think about - 401(k), 529, HSA, charitable donations but we're ignorant in the finance & tax universe at our HHI. Obviously, nobody cares more about preserving your wealth than you. I have yet to find a CPA who really looks out for my pennies. CPA recommendations also welcome and encouraged. We're in the McLean/Vienna area. Who do you trust? Curious how many of you study tax law in your spare time to ensure no stone remains unturned.[/quote]
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