1.
SIX ‘ASTUTE’ STRATEGIES TO
BEAT THE TAX MAN
JEFFREY A. FORREST, OWNER & CO-FOUNDER OF THE CORE FINANCIAL GROUP

2.
UNLESS YOU’RE AN ACCOUNTANT, THERE’S LITTLE TO NO
CHANCE THAT YOU ENJOY DOING YOUR TAXES. TAXES ARE
DIFFICULT AND CONFUSING, LEADING YOU TO EITHER SPEND
EVEN MORE MONEY PAYING SOMEONE TO DO THEM FOR YOU
OR RUN THE RISK OF NOT GETTING THE MAXIMUM AMOUNT
ON YOUR TAX RETURNS.
Jeffrey A. Forrest
LET’S BE HONEST HERE…

3.
I’VE FOUND SIX ASTUTE TIPS TO HELP YOU
WIN WHEN IT COMES TO YOUR TAXES!
THANKFULLY

4.
CONSIDER IT AN
END OF THE YEAR
PRESENT
From Your Safe Money For
Life Coach

5.
TIPS TO BEAT THE TAX MAN
A
E
T
S
T
U

6.
TIPS TO BEAT THE TAX MAN
A
E
T
S
T
U
ACCELERATE DEDUCTIONS AND DEFER INCOME
You should look into accelerating your deductible expenditures in 2015 to reduce your taxable income. Think about
prepaying your local income taxes or your mortgage — those are both tax deductible.

7.
TIPS TO BEAT THE TAX MAN
A
E
T
S
T
U
ACCELERATE DEDUCTIONS AND DEFER INCOME
You should look into accelerating your deductible expenditures in 2015 to reduce your taxable income. Think about
prepaying your local income taxes or your mortgage — those are both tax deductible.
SET UP A QUALIFIED RETIREMENT PLAN
You have until December 31st to establish a qualified retirement plan for both yourself and anyone who may be working in
your company. Since you don’t have to contribute until your business’ tax filing deadline (including extensions), you can pay
it after your 2015 taxes.

8.
TIPS TO BEAT THE TAX MAN
A
E
T
S
T
U
ACCELERATE DEDUCTIONS AND DEFER INCOME
You should look into accelerating your deductible expenditures in 2015 to reduce your taxable income. Think about
prepaying your local income taxes or your mortgage — those are both tax deductible.
SET UP A QUALIFIED RETIREMENT PLAN
You have until December 31st to establish a qualified retirement plan for both yourself and anyone who may be working in
your company. Since you don’t have to contribute until your business’ tax filing deadline (including extensions), you can pay
it after your 2015 taxes.
TRANSFER YOUR ASSETS TO A CHARITY
If you’re looking to be a bit more philanthropic, you have until December 31st to make a charitable donation and qualify for
a deduction in 2015. If you’re going to transfer assets to a charity, try to transfer appreciated assets like stocks — neither you
nor the charity will have to pay a capital gains tax when those shares get sold.

9.
TIPS TO BEAT THE TAX MAN
A
E
T
S
T
U
ACCELERATE DEDUCTIONS AND DEFER INCOME
You should look into accelerating your deductible expenditures in 2015 to reduce your taxable income. Think about
prepaying your local income taxes or your mortgage — those are both tax deductible.
SET UP A QUALIFIED RETIREMENT PLAN
You have until December 31st to establish a qualified retirement plan for both yourself and anyone who may be working in
your company. Since you don’t have to contribute until your business’ tax filing deadline (including extensions), you can pay
it after your 2015 taxes.
TRANSFER YOUR ASSETS TO A CHARITY
If you’re looking to be a bit more philanthropic, you have until December 31st to make a charitable donation and qualify for
a deduction in 2015. If you’re going to transfer assets to a charity, try to transfer appreciated assets like stocks — neither you
nor the charity will have to pay a capital gains tax when those shares get sold.
USE THAT ANNUAL GIFT-TAX EXCLUSION
You can gift up to $14,000 a year to as many people as you want without having to pay taxes on those gifts. This
might be a great opportunity to gift money to a 529 college savings plan for your children or grandchildren.

10.
TIPS TO BEAT THE TAX MAN
A
E
T
S
T
U
ACCELERATE DEDUCTIONS AND DEFER INCOME
You should look into accelerating your deductible expenditures in 2015 to reduce your taxable income. Think about
prepaying your local income taxes or your mortgage — those are both tax deductible.
SET UP A QUALIFIED RETIREMENT PLAN
You have until December 31st to establish a qualified retirement plan for both yourself and anyone who may be working in
your company. Since you don’t have to contribute until your business’ tax filing deadline (including extensions), you can pay
it after your 2015 taxes.
TRANSFER YOUR ASSETS TO A CHARITY
If you’re looking to be a bit more philanthropic, you have until December 31st to make a charitable donation and qualify for
a deduction in 2015. If you’re going to transfer assets to a charity, try to transfer appreciated assets like stocks — neither you
nor the charity will have to pay a capital gains tax when those shares get sold.
USE THAT ANNUAL GIFT-TAX EXCLUSION
You can gift up to $14,000 a year to as many people as you want without having to pay taxes on those gifts. This
might be a great opportunity to gift money to a 529 college savings plan for your children or grandchildren.
TAKE YOUR REQUIRED MINIMUM DISTRIBUTION
If your turned 70.5 years old in 2015, you have until December 31st to meet the minimum amount of money for distribution
amongst retirement accounts. If you don’t meet the deadline, you’ll be penalized with up to 50% of the shortfall and no one
wants that.

11.
TIPS TO BEAT THE TAX MAN
A
E
T
S
T
U
ACCELERATE DEDUCTIONS AND DEFER INCOME
You should look into accelerating your deductible expenditures in 2015 to reduce your taxable income. Think about
prepaying your local income taxes or your mortgage — those are both tax deductible.
SET UP A QUALIFIED RETIREMENT PLAN
You have until December 31st to establish a qualified retirement plan for both yourself and anyone who may be working in
your company. Since you don’t have to contribute until your business’ tax filing deadline (including extensions), you can pay
it after your 2015 taxes.
TRANSFER YOUR ASSETS TO A CHARITY
If you’re looking to be a bit more philanthropic, you have until December 31st to make a charitable donation and qualify for
a deduction in 2015. If you’re going to transfer assets to a charity, try to transfer appreciated assets like stocks — neither you
nor the charity will have to pay a capital gains tax when those shares get sold.
USE THAT ANNUAL GIFT-TAX EXCLUSION
You can gift up to $14,000 a year to as many people as you want without having to pay taxes on those gifts. This
might be a great opportunity to gift money to a 529 college savings plan for your children or grandchildren.
TAKE YOUR REQUIRED MINIMUM DISTRIBUTION
If your turned 70.5 years old in 2015, you have until December 31st to meet the minimum amount of money for distribution
amongst retirement accounts. If you don’t meet the deadline, you’ll be penalized with up to 50% of the shortfall and no one
wants that.
EXIT LOSING STOCKS AND FUNDS
Any capital losses that you realize in 2015 can be used to offset any capital gains you may have earned. If your
losses exceed your gains, you can offset up to $3,000 of your ordinary income. Use this knowledge to sell wisely.

12.
HTTP://JEFFREYAFORREST.COM
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MY FINANCIAL BLOG AT