DuPont Wealth Solutions - February 2023

NEW CLIENTS: Let Us File Your Taxes for Half of What You Paid Last Year

When the IRS comes looking for more revenue, will they be looking at wage earners in the top 50% or the bottom 50%? You need to prepare now. In an effort to provide the highest level of service to our friends and clients, I wanted to make sure you knew of a valuable service we offer. In addition to DuPont Wealth Solutions, I also own a very successful tax preparation and comprehensive tax planning firm, Ohio Tax Advocates, Ltd. This company utilizes highly skilled tax professionals to protect you and your family from paying more than your fair share. We strive to level the playing field, and maybe even tilt it in your favor, legally and ethically. Ohio Tax Advocates isn’t your run-of-the-mill tax service. Our meetings go beyond such standard advice as “max out your 401(k)” and “contribute to an IRA.” We work with a carefully vetted team of tax professionals and CPAs from across the country to help proactively plan better tax outcomes for our clients. Through this effort, we can often lower future tax liabilities and, as a result, provide a more coordinated tax, estate planning, and retirement income planning process. We believe these three goals must work in harmony to achieve the best results. Wouldn’t you agree?

As government spending has climbed to an unprecedented level, the Internal Revenue Service is getting more aggressive than ever in its search for funds. Without proactive tax guidance, your income and savings are left vulnerable to Uncle Sam . Did you know … • The top 1% of all taxpayers (those that have Adjusted Gross Income over $540,000) pay 40.1% of all federal income taxes. • The top 5% of all taxpayers (those that have Adjusted Gross Income over $217,000) pay 60.3% of all federal income taxes. • The top 10% of all taxpayers (those that have Adjusted Gross Income over $151,935) pay 71.4% of all federal income taxes.

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