Product Description

Retire and keep your hard-earned cash!

When you retire, your potential tax deductions change considerably -- and if you're a baby boomer on your way to retirement, you'll want to keep your hands on as much of your money as possible. That's why you need Nolo's Essential Retirement Tax Guide, the first book of its kind that helps boomers and their parents understand their tax benefits in plain English.

Find out how to save on taxes, step by step:

Product Details

• Amazon Sales Rank: #146456 in Books
• Published on: 2008-12-08
• Original language: English
• Number of items: 1
• Binding: Paperback
• 416 pages

Features

• ISBN13: 9781413309126
• Condition: NEW
• Notes: Brand New from Publisher. No Remainder Mark.
• Click here to view our Condition Guide and Shipping Prices

From the Publisher
Everthing you need to save on taxes after retirement. Plus: Make sure you don't miss a single deduction with easy-to-use checklists!

About the Author
Twila Slesnick is an Enrolled Agent who specializes in tax and investment planning for retirees and prospective retirees. She has conducted numerous seminars in the areas of retirement and tax planning. Slesnick has been featured in publications such as Money Magazine, U.S. News & World Report, Newsweek and Consumer Reports. She is the author (with John Suttle) of Nolo's IRAs, 401(k)s and Other Retirement Plans: Taking Your Money Out. She lives in Loveland, Colorado.

Twila Slesnick is an Enrolled Agent who specializes in tax and investment planning for retirees and prospective retirees, and does pension plan consulting for individuals and small businesses. She has conducted numerous seminars throughout the U.S. in the areas of retirement and tax planning. Slesnick has been featured on television and radio programs across the country and in publications including Money Magazine, U.S. News & World Report, Newsweek and Consumer Reports. She is the author (with John Suttle) of IRAs, 401(k)s and Other Retirement Plans: Taking Your Money Out (Nolo). Slesnick has a bachelor's, master's and Ph.D., all from the University of California, Berkeley. She lives in Dublin, California.

John Suttle has been practicing law for 18 years. His practice consists of estate and trust planning; probate administration; federal, state and local tax counseling for high net worth individuals and retirement planning under ERISA. Co-author of IRAs, 401(k)s & Other Retirement Plans, he has served as an expert witness in numerous cases and lives in Atherton, California.

Customer Reviews

A good resources on taxes and retiring
Whether you're nearing retirement or simply want to know more about it, you can't go wrong with this NOLO publication. I'm decades from retiring, but it was interesting to learn about the implications that older folks may encounter when retiring. They explain a lot of the tax issues that might be encountered as well as the implications of selling property, renting property, selling investments, social security, what to do with your home, and preparing for major health concerns.

The explanations are well written and are presented simplistically without jargon. The book explains when you can and can't do certain things with your money and how it will/won't affect your taxes. There are too many examples to list here, but they are all laid out in the book.

Anyone looking to learn more about the complex and sometimes tedious rules regarding the American tax system will learn a lot from this book. It's definitely a resource that I will consult in the future and have already suggested this book to my parents.

The authors certainly have "done their homework" in presenting a lot of complicated, dry and uninteresting information in a cogent and approachable manner. Another great NOLO publication!

A Great Gift for My Parents Who are About to Retire
My dad is going to retire in May. My mom is too. She's taking early retirement, because she says she's not going to work a day more than him, never mind that he started working five years before she did, but that's a different story. My parents have worked hard all their lives, paid their dues, paid their taxes too.

They have a couple rentals, which certainly are not going up in value in today's market, they each have a 401K which aren't worth what they thought they'd be. And they have some investments, most of which are doing well, because my dad's a pretty sharp guy, invested wisely and knows how to move his money around. Even though it's not a lot of money by many peoples standards, it's his and he cares about it.

And now that he's reaching that age, that time when he doesn't have to be out the door in the early morn anymore, that time when his tax circumstances are going to change, I thought this would be an appropriate book for him, even though he's pretty smart tax wise.

One major benefit of this book is that it's written in every man's English. I'm an attorney, so I have no problems with legalese, but my dad, he likes things spelled out so that any bloody fool can understand. When I first gave him this book, he kind of pooh poohed it, setting it aside, acting like he knew everything in it. But two days later when I came over he had a lot of those post it type stickies poking out from the pages, green, yellow and pink ones. Oh yeah, Dad's getting good use out of this book.

Okay, a lot of what's here is pretty redundant as far as he's concerned, but after going through the book he said it got him to thinking. He has grandchildren and he'd been giving me money for their college fund, now he's setting one up of his own, so he can get a deduction he should have been taking, but hadn't been. For that reason alone, this book was a good investment.

That was the result of just one of those post it stickies, I'm sure he's going to benefit from the others too. My dad's a smart guy, he knows a lot, but what makes him really smart is that he knows he doesn't know it all.

It's Really a Tax Guide for Everybody
When I was offered several books to review, I got caught in a clicking frenzy and mistakenly clicked on this one and you can't take back one of those clicks. The book was on it's way to me. I was stuck with it. But so what, I didn't have to review it. They couldn't make me. However, when it came I couldn't help glancing through it.

What struck me most was that it was easy going. Kind of interesting too. What struck me second was that a lot of this stuff applied to me and I'm one heck of a long way from retiring. This book will guide not only oldsters, but youngsters too through a myriad of tax forms and it tackles just about every circumstance a normal person might find herself in.

And this book will talk you though just about any kind of legitimate deduction you can think of and heck, why should you pay the government one lickin' stickin' cent more than you have to. It's your money, after all. You worked for it, Uncle Sam didn't. Of course, there are specific references in the book that apply to retirees, but as far as I can tell, this really is a tax guide for everybody. It informs, helps and guides you through the maze of laws and forms that our government has deemed necessary for it's citizens to pay their taxes. It's going to help me this April and if you're an average person like me, I bet it can help you too.