Sometimes it can be hard for clients to get an idea of their financial situation unless they can see a clear visual that demonstrates where their money is going. A strong visual can help people understand abstract concepts and gain a better grasp on what’s really happening.
That’s where Tax Freedom Day enters the conversation. The tax filing deadline for 2022 is Monday, April 18, but that also happens to be Tax Freedom Day for a lot of people.1 What is Tax Freedom Day, and what should advisors know about it to help guide clients through their individual financial waters? We’ve broken it down for you here.Read More