Gold ETFs or Gold IRA? Compare Costs, Risk, and Access
“Putting bullion in an IRA does avoid that 28% collectibles tax, but every single dollar you take out is treated as regular income.”
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Senior accountants advocating for taxpayers since 2008, serving individuals and businesses nationwide.
George Dimov has 12 years of accounting and taxation experience. Industries audited and worked include individual taxation, corporate taxation, M&A consulting, technology, buy and sell-side finance, biotech, retail analysis, real estate accounting, and manufacturing.
Education includes a Bachelor's in Business as well as a Master's in Accountancy. He holds two separate professional accounting licenses and is registered federally as a Tax Preparer for all 50 states. The firm of George Dimov is a registered audit firm.
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National outlets turn to George Dimov for plain-spoken tax and accounting insight, from retirement accounts to windfalls and student debt.
“Putting bullion in an IRA does avoid that 28% collectibles tax, but every single dollar you take out is treated as regular income.”
George weighs in on why QuickBooks Online suits service and e-commerce businesses, where the owner, bookkeeper and CPA all work in the same file from anywhere.
“The first thing I'd check isn't her budget. It's whether her residency employer actually qualifies, because that one answer changes the entire repayment strategy.”
“The advice to do nothing is really good until it starts to cost you money without you even realizing it.”
“Because the money that the employer puts in does not go through payroll, the company does not have to pay taxes like FICA, unemployment or workers comp.”
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