Wisconsin has set a tax trap for some who will follow the federal tax laws regarding Roth IRA conversions. Our representatives chose not to accept tax conversions. They chose to penalize those making over $100,000 because the penalty continues each year. It is appalling that they would give up the tax revenue and chose to punish those who use legitimate federal tax laws to plan for the future.
This will only change if we convince our elected officials to do the “right thing” for the residents of Wisconsin.
There are many factors that impact these decisions. The media and many financial representatives do not understand the full impact. The decisions are more accurately based on your tax situation now and later. Bring your questions to a tax professional.
Free Educational ROTH IRA Lunch and Learn
Germantown Tax Accountant Larry Rittberg and Bill Matt, CFP
will help address the important questions and concerns:
What is the Wisconsin ROTH IRA Tax Trap?
How might I be subject to Wisconsin tax penalties Forever?
How can I determine if I should convert an IRA to a Roth IRA in 2010?
What are the advantages and disadvantages of the Roth IRA?
Learn all about the federal and state tax laws?
Learn all about the best tax plan for you?
When: Wednesday December 16, 2009 at 9:30AM, Lunch following
Where: Germantown Library
RSVP: You may bring a guest but please RSVP FOR THIS EVENT!
When: Tuesday December 15, 2009 at 11AM, Lunch following
Where: North Shore Library, N. Port Washington Rd.
RSVP: You may bring a guest but please RSVP FOR THIS EVENT!
Please call 262-255-0494 today!
Tuesday, December 8, 2009
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