The United States Money Reserve is an economic advisory company that specializes in advising somebody on how to use the United States based precious metals to expand the portfolio.
They are the world’s largest provider of US mint and they began doing business in the year 2001. They are one of our country’s largest distributor of coins and they are the top choice when it comes to backing your investment with precious metals. Read more: US Money Reserve | Crunchbase and US Money Reserve | Bizjournals
Over the years, they have reached over 400,000 customers who all report that they are happy with their investments. Many Americans do not realize this but the US mint industry played a pivotal role throughout the history of our great country.
In fact, it was one of the most influential events that ever occurred. It was established at the same time as the Constitution of United States, the banking system, and the institution of the presidency.
The US Reserve recently released an article they give somebody 10 tips at the last minute to help prepare their tax returns. All of these tips are meant to help you save money so that you do not look at a large bill come April 17.
The first tip that they are giving readers is that the investor should consider contributing their money to multiple retirement accounts. The IRS does not care how many retirement accounts you have in your possession. Learn more about US Money Reserve: https://www.usmoneyreserve.com/shop/ and https://www.usmoneyreserve.com/blog/
Each retirement account can be given up to a certain amount of money which is given back to US tax credit. The more retirement accounts you have, the more deductions on your taxes you can have.
The second tip they provide readers is to open an IRA retirement account before April 17. Even if you do it in the year 2018 it is completed prior to April 17 you can claim a on the 2017 tax return.
The third tip is then to contribute the largest amount you can to each of your IRA retirement accounts. As of this writing, you are allowed to give up to $5500 if you are below 50 and $6500 if you’re above 50. This again is on taxable income and can lower your tax rate.
Their fourth tip is contingent on tip three. You need to specify that this is a 2017 tax contribution.
The last tip that they recommend is backing your IRA with precious metals for protection.