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Some financial planning mistakes can be catastrophic, while others are easily correctable.
According to the IRS, earned income includeswages, salary, tips, bonuses or professional fees.
The reality is that these fees are totally avoidable with proper planning.
Many months went by, including the tax-filing deadline, until it came out, he said.
Corrective action needed to be taken so you can avoidpenalties and fees.
I once had a new client that was previously divorced.
Its critical to revisit your estate plan whenever there is amajor life event, Stroup urged.
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