Essential Documents for a 60-Day Tax Optimization Plan: Acme Co.'s Roadmap

Please list all key documents necessary to collect in order to execute this plan (tax optimization strategies for Acme Co. within 60 days)

Here are the key documents that Marianne will need to collect and review for executing the tax optimization plan:

1. Personal financial documents:

• Bank and brokerage account statements

• Retirement account statements (e.g., 401k, IRA statements)

• Life insurance policy, if applicable

• Previous years' tax returns

2. Employment and Benefit documents:

•  Pay stubs or other statements showing employment income

• Documentation of any bonuses or other forms of compensation

• Employer benefits package information

3. Expense and Deduction documentation:

• Records and receipts of potential business, work-related, or itemized expenses

• Receipts for charitable donations

• Documentation for any homeownership or real estate rental property expenses

• Education-related expenses for Marianne's children

• Medical expenses, if significant

4. Gift and Trust documentation:

• Current estate planning documents such as wills, living trusts, power of attorney, etc.

• Information on gifts made to or received from family members or charitable organizations

• Details on beneficiary designations for retirement accounts and life insurance policies

5. Legal documents related to the divorce:

• Divorce settlement agreement,

• Custody agreement

• Child support and alimony documentation

6. Investment documents:

• Records of owned securities (e.g., stocks, bonds, mutual funds)

• Records on real estate investments, including income and expenses related to any rental properties

• Documentation related to any other investments (e.g., cryptocurrencies)

By gathering these documents, Marianne will have the necessary information to consult with her tax professional and financial advisors and develop a comprehensive tax optimization plan. This will ensure appropriate steps are taken to plan for her children's future while minimizing her tax liability.