Private e-newsletter for the clients of the M.W. Aragao companies | August 3, 2018
Dirty Dozen Tax Scams to Watch For
Every year the Internal Revenue Service (IRS) releases its list of tax scams, spotlighting the myriad of ways that criminals try to separate you from your money.

As time has gone on, these once elderly-only targeting schemes have now been pointed at everyone and anyone. They have also grown more sophisticated and, sadly, legitimate sounding.

From identity theft to phishing to even impersonating charitable organizations, the reported number of victims continues to climb. Click below to read a synopsis of the twelve most popular scams.

Tax scams
To hear an actual recording of an attempted telephone scam, play this video, as well as others, available on our You Tube page.
Taxable Vs. Tax-Deferred Investments
How much would you have to earn each year from a taxable investment in order to equal earnings on a tax-deferred investment? The answer is likely much more than you think.

For instance, if you were in the 35% marginal tax bracket, you would need to earn a 10% rate-of-return in a taxable account in order to equate a 6.5% rate-of-return in a tax-deferred account.

Our take: MWA always takes an investor's tax rate into consideration when managing a taxable account. In addition to rate-of-return, it affects the general risk-profile of the account and thus the security selection.

In case you missed it...
M.W. Aragao Blog
Click here to read our latest Blog Post and other posts of interest.
Seven Ways to Improve Your Credit Score
If you need to boost your credit score, it won’t happen overnight.

Credit scores take into account years of past behavior found on your credit report; not just your present actions.

But there are some steps you can take now to start on the path to better credit.

  1. Watch those credit card balances.
One major factor in your credit score is how much revolving credit you have versus how much you’re actually using. The smaller that percentage is, the better it is for your credit rating.

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PLEASE NOTE: M.W. Aragao does not accept any liability or losses either direct or consequential caused by the use of this information. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. M.W. Aragao is neither making any investment recommendation nor providing any professional or advisory services relating to the activities described herein. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice. The information contained herein is provided for your exclusive benefit and use. The information shall not be further distributed or duplicated in whole or in part by any means without the prior written consent of M.W. Aragao. Any statements made herein do not necessarily reflect those of M.W. Aragao or its affiliates.

M.W. ARAGAO INVESTMENT ADVISORS, LLC, a registered investment advisor, provides dynamic, tactical investment management and wealth planning services to individuals, families, trusts, corporations and retirement plans. M.W. ARAGAO & COMPANY, LLC provides year-round income tax preparation and planning services, business consulting and generalized accounting services. All services are delivered with personalized attention.