NYC Financial Advisor to Help Retirees That Lost Money – Will Prepare Income Tax Returns For Free

March 9, 2009 - PRLog -- New York financial advisor Richard Young announced today that he has decided to prepare 50 income tax returns for free for retirees who have lost money in their investments as a result of the deep recession and the weak financial markets.

“While there are investment strategies and techniques that may be able to protect an investor against significant market losses*, many retired investors have utilized a buy and hold investment strategy that has left their investment accounts down in value as much as 50% from their peak,” Young said.

Because of this, Young wants to help.  The first 50 retirees who respond will get their tax returns prepared for free.  To get their free tax return, the retiree needs only to present two investment statements proving that they’ve lost some of their account values as a result of the recent market downturn – a before statement and an after statement proving the balance in the account on two different dates.

Young commented, “I’m pleased to provide this opportunity to 50 New York retirees.  Not only will these retirees get their tax returns prepared for free, they may also identify additional tax savings opportunities, since many retirees overpay on their income taxes as well as other financial expenses.”

To get their tax return prepared for free, a New York retiree need only attend a tax savings focus group at Young’s office on Thursday, March 12th at 10:00am or Tuesday, March 17th at 10:00am.  Reservations for the focus group are required, and when 50 retirees have registered, the offer will be rescinded.  To make a reservation for the focus group meeting and claim a free tax return preparation (any size or complexity), New York retirees can call Young’s 24 hour, free recorded message line at 1-866-612-2611.  Enter extension 8021 to select the March 12th focus group or 8022 to select the March 17th focus group.

*No technique can protect against market losses 100% of the time.

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Richard Young has been a financial advisor in New York for the past four years. As President of independent registered investment adviser firm Qilin (pronounced KY’ lin) Wealth Management, he helps clients create and preserve wealth with innovative concepts of which few financial professionals are aware.