Tax Tips from Dean's WHAS Interview

Tuesday, February 16th, 2010

Dean Hedeker was a guest on 84 WHAS Louisville with host Paul Harris yesterday. In Dean’s interview about his new book CUT YOUR TAX IN 2010 (AND PRESERVE YOUR LEGACY) with co-author and law partner Anthony Perrelli, he points out some crucial tax tips for 2010:

• Roth IRA conversions are key for 2010 but they need to be engineered. Dean explained that, “there are about 15 different conversion traps that can occur.”
• If you buy a new home, you can get a direct tax credit. But you have to buy the house by April 30 this year.
• Tax rates for 2009 are relatively low. In 2010, taxes are still low, but Congress is getting its act together. Now’s the time to pay some key taxes so you can keep more of your nest egg.

In part two of the interview, Dean discusses estate plans and how they apply to those of us who don’t consider ourselves wealthy. More on those tips soon.

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