GRAND RAPIDS, MI, October 28, 2015: Founder and President/CEO of Forest Hills Financial, Jaime Westenbarger posted a new article on his website entitled, “Year End Tax Strategies That Make Tax Time Easier” in which Mr. Westenbarger focuses on a number of ways that taxpayers can consider to take the bite out of the tax bill in 2016.

 As Westenbarger states, “It’s probably the last thing you want to be doing as we head into the last quarter of the year. However, if you spend some time now reviewing the year and how you might take advantage of some opportunities that are available now, you could be very happy come the time to file your taxes during the first quarter of the 2016.” He continues adding, “USA Today provided a great overview of items to consider at the end of 2014. Many of those same opportunities are still viable as we move into the end of 2015. The article provides year-end tax strategies to use before December 31^st.”

(http://www.usatoday.com/story/money/personalfinance/2014/12/16/taxes-w-2-strategies-tips/19903397/)

Westenbarger includes the opportunity of deferring income for the self-employed to pre-paying taxes. In addition, the USA article incorporates the notion of donating to charity and gift giving up to $14,000 to friends and loved ones.

Finally, Westenbarger adds the following, “Since Uncle Sam is going to get paid either way, make sure you ask your tax professional or consult the IRS website for more details on your specific RMD figure to prevent leaving money on the table. Required minimum distributions vary based on age and how much you have saved.”

(http://www.usatoday.com/story/money/personalfinance/2014/12/16/taxes-w-2-strategies-tips/19903397/)

The entire article can be read at http://www.roadmaptoretirement.com/blog/year-end-tax-strategies-that-make-tax-time-easier.php

About Jaime Westenbarger

Since starting Forest Hills Financial in a small one-person office in 2006, Jaime Westenbarger has turned the financial world on its head. Through his nationally syndicated radio show, The Keeping Your Money Show, he has helped thousands of people filter through the salespeople of the financial services world and focus on the information that actually matters. Jaime’s style of simple explanations of complex problems helped grow his business in only seven years to include clients in 15 states, advisors in three offices, and The Keeping Your Money Show continuing to grow its listening audience. Forest Hills Financial was able to grow revenue during one of the most devastating recessions in recent memory. Additionally the company continues to develop in size and influence in the financial community on a local, state and even national level. Recently honored with speaking to entrepreneurs at an event hosted by Steve Forbes and authoring a chapter in Mr. Forbes latest book Successonomics, the reach of Jaime’s message continues to grow across the country.

Abour Forest Hills Financial

We are advisors who understand finance and Michiganders. Talking about one’s financial situation can be a bit daunting; everyone has a different way they feel about money, and they have specific goals they want to work towards. Our advisors will recommend a financial plan that takes into account what you need – retirement planning, investments, insurance and more. You’ll receive the financial products and services that fits you to put you on your path to your financial goals. If you’re looking for someone who not only understands your goals, but gets why you have them, you’ll love working with Financial Hills Financial.

Securities offered through First Allied Securities, Inc. a Registered Broker/Dealer Member FINRA/SIPC. Advisory services offered through First Allied Advisory Services, Inc., a Registered Investment Adviser.

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