Thinking "Outside the Box" to Reduce Your Taxes

Q: Tom asks via Facebook, “Dear Derek, now that my spouse has passed away, I suddenly find myself in the highest federal income and capital gain tax brackets? Could a mix of Oil and Gas Investments be an option to reduce my taxes?”

A: Tom, I must commend you on thinking about all of your options. This may be a possibility for you; however, be sure to consult a qualified tax advisor to ensure this