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Whether the return is less than expected or part of the money is returned to the government — the truth is that not everyone’s favorite topic is taxes.
This week, Peter Gutekunst and fellow certified financial planner Brian Henrysen, explore capital gains as part of tax planning and what it means for long-term financial planning. They also dive into how tax brackets are calculated based on income versus capital gains and the importance of submitting taxes to realize gains.
Peter and Brian discuss:
- The different types of income and ways they are taxed
- The role of your income when it comes to your tax bracket calculations
- The difference between short and long term assets as income
- How taxes contribute to financial planning
- And more!
Resources:
Connect with Pete Gutekunst:
- Gutekunst@raymondjames.com
- LinkedIn: Peter Gutekunst
- Gute Financial Services
- Gute Calendar
- Book a call with the team at Gute Financial
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