Gilman Ciocia Discusses Tax Planning for Middle Class Investors

Gilman Ciocia, GTAX on Nasdaq, was founded in 1982 as a tax preparation service. A dozen years later, the company became the first publicly traded company to combine financial planning with tax preparation. The client base for the company is middle and upper-middle class people faced with increasingly complex tax situations and increasing options for investment. The need of these investors for the information and investment products offered by big financial firms was clear to the company's founders from the start.

Your Tax Burden May Be Lower than You Think

Gilman Ciocia offers to review previous years' tax returns for new clients, and in around half the cases, the client's tax burden is less than previously thought and that person can file an amended return for a refund. A large percentage of taxpayers overpay on their tax returns simply because they are not aware of all the deductions and credits to which they are entitled.

Accurate Financial Advice is Crucial

If your financial advice is not accurate, you could be losing money. Middle class families deserve the same highly accurate and helpful advice that wealthy people have. Yet many middle class people invest solely based on news articles and accept whatever their tax preparer tells them when April 15 rolls around. You deserve better than that, and Gilman Ciocia offers the help you need.

What Story Does Your Portfolio Tell?

Your financial planner should look at several things in your investment portfolio. He or she should look at the numbers that tell the story of what kind of performance your money is getting, what kinds of risks you are taking with your investments, how much you're paying in fees, and how tax-efficient your investment strategy is. He or she should also be able to recognize when you're doing things right and not recommend change for its own sake.

Financial Planning is Not Just for the Rich

When you're looking for investment and tax advice, have a look at Gilman Ciocia, GTAX on Nasdaq. If a financial planner's clients don't succeed, the financial planner doesn't succeed. Isn't it time to make your money work as hard as you do?