Question

Find and choose a book about taxes – you need to choose a book that interests you, not a book that you think will interest me. It can be fiction or non-fiction. It can be about the history of federal income tax. It can be a tax how to guide like J. K. Lasser’s Small Business Taxes 2020. Write couple of paragraphs about what you learned.

Post a link.

Answer 1

BOOK- 'Beating the New Death Tax' by James Lange

FEATURES OF BOOK

SIMPLIFYING THE COMPLEX

As people try to navigate their way through the labyrinth of tax laws, investment portfolios and retirement, things can get overwhelming. This book was designed to simplify all that. In it, the reader discovers:

• How to use Roth conversions to minimize taxes
• How to use gifting strategies to maximize family wealth under the SECURE Act
• How to update wills and trusts to protect against the SECURE Act
• How to ensure financial security for the surviving spouse
• Why leaving an IRA to a Charitable Remainder Trust (CRT) can be more beneficial to the wealth creator's children than leaving the IRA to them outright
• Why couples should reconsider owning jointly-held investment accounts after the SECURE Act
• How to combine multiple tax-reduction methods for maximum benefit

"You dutifully sacrificed and put as much money as possible in your IRAs and retirement plan. The government told you putting money in your IRA and retirement plan was great for you and your kids. Now, late in the game, after relying on their representations, they pull the rug right out from under you. Now, they are attempting to confiscate a third of your IRA or retirement plan after you die. Don't accept this. Fight back and protect your family," Lange exclaims.

REAL-WORLD ILLUSTRATIONS, BOOK PROCEEDS TO CHARITY

Since the minimization of investment costs and taxes are the key elements of any financial plan, Lange wrote this book, Beating the New Death Tax, using real-world questions and answers, examples, and illustrations to shepherd readers through the often-intimidating world of taxes and retirement costs.

The book also helps readers navigate their own path through the SECURE Act – something he says they simply must do in order to protect their hard-won assets, not only for the sake of their children and loved ones, but also for the charities that are important to them. In fact, charitable giving is so important to Lange that he is donating all proceeds from the sale of this book to charity: water, one of the non-profit organizations closest to his heart.

"785 million people lack basic access to clean and safe drinking water," said Lange. "By partnering with experienced local organizations, charity: water is able to build sustainable, community-owned water projects around the world. If the proceeds from this book help in some small way to end the water crisis, I will feel grateful for the opportunity to have contributed."

ABOUT JAMES LANGE AND LANGE FINANCIAL GROUP (OUT OF CONTEXT)

James Lange, a CPA, Attorney and Registered Investment Advisor, is a nationally-recognized IRA, 401(k), and retirement plan distribution expert. Lange is a paid contributing writer for Forbes and the author of eight best-selling books, all focusing on retirement and tax strategies. The tax and estate planning ideas found in his books have been endorsed by The Wall Street Journal (36 times), Newsweek, Money, Smart Money, Forbes, Reader's Digest, Bottom Line, and Kiplinger's. Lange is also a renowned public speaker and the President and Founder of The Roth IRA Institute^TM which helps financial professionals and IRA and retirement plan owners to get the most from their retirement plans using Roth IRA conversions as an integral part of the planning strategy.