Analyzing Your Tax Return
Apr 11, 2018 • Written by Paul Staib | Certified Financial Planner (CFP®), MBA, RICP®
Blog Home » Asset Allocation » Analyzing Your Tax Return
Another tax season is upon us. Many people tuck their tax return and supporting documents into a folder and hand it all over to their accountants without taking a closer look. And even investors who complete their own tax returns using tax-preparation software often plug the relevant information into the program without taking the time to truly analyze it.
Yet these forms can provide valuable intelligence – about your income trends, your investing habits, and whether you’re taking sufficient advantage of tax-sheltered investment vehicles, among other items. As you review your tax return and supporting documents (i.e. W-2 and 1099s), here are some of the key data points to pay attention to.
What You Can Learn From Your 1040 Tax Form
Paul Staib | Certified Financial Planner (CFP®), MBA, RICP®
Paul Staib, Certified Financial Planner (CFP®), RICP®, is an independent Flat Fee-Only financial planner. Staib Financial Planning, LLC provides comprehensive financial planning, retirement planning, and investment management services to help clients in all financial situations achieve their personal financial goals. Staib Financial Planning, LLC serves clients as a fiduciary and never earns a commission of any kind. Our offices are located in the south Denver metro area, enabling us to conveniently serve clients in Highlands Ranch, Littleton, Lone Tree, Aurora, Parker, Denver Tech Center, Centennial, Castle Pines and surrounding communities. We also offer our services virtually.
Read Next
Market Volatility – What Investors Should Know
• Written By Paul Staib | Certified Financial Planner (CFP®), MBA, RICP®
Key Points Markets have been unusually volatile so far in 2016, with plunging oil prices, slowing growth in China, steep…
Market Volatility: Managing Expectations
• Written By Paul Staib | Certified Financial Planner (CFP®), MBA, RICP®
When investing in the stock market, it’s critically important to have appropriate and realistic expectations. Recently the level of market…