Morris Armstrong

Enrolled Agent
Personal Finance, Taxes, Lifestage Based Planning
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“Morris Armstrong operates under a fiduciary standard all of the time, whether he is advising clients on financial matters or representing them before the Internal Revenue Service, his mission is to help clients achieve their goals, not his.”
Firm:

Armstrong Financial Strategies

Job Title:

Owner

Biography:

Morris Armstrong founded Armstrong Financial Strategies in 2001 as fee-only firm. The firm does not accept commissions or referral fees and the only source of its income is from the client.  Morris has taught at Marymount College in Tarrytown, NY and has written extensively on the subject of investments, taxes and planning for Multex Investors, which Reuters purchased in 2003.

Morris has also been active in the field of divorce planning, and in 2008, the Connecticut Law Tribune recognized his efforts. The lawyers in the state voted him as one of the top three planning firms in the state.

Morris has written for and been quoted in numerous publications including the Wall Street Journal, New York Times, Financial Planning magazine, Wealth Manager Magazine and Yahoo Finance. His investment philosophy has been shaped by both John Bogle and Eugene Fama, and is his portfolios, which are a blend of passive and active vehicles, reflect this.

While he enjoys divorce planning, it can be draining and he prefers not to work with those couples who believe that “War of the Roses” was a manual for divorce. He enjoys his role as an Enrolled Agent helping people resolve their issues with the IRS, whether it is a notice or something more involved such as an audit or offer in compromise.

Education:

BBA, Banking, Pace University

Assets Under Management:

$12 million

Fee Structure:

Fee Only
Hourly

CRD Number:

127983

Disclaimer:

The answers presented on Ask an Advisor, together with any commentaries, articles or other opinions should be considered general information presented to inform the public. They are based on the information provided in the question, which may have omitted important details that would have changed the answer had they been known. 

Articles and answers are not intended as a solicitation of an offer to buy or sell any security investment or instrument or to participate in any particular trading strategy. Armstrong Financial Strategies and Morris Armstrong, EA. are not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within this site. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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    Annuities, Real Estate, Taxes
What are the tax and penalty implications of an early withdraw of an annuity when a QDRO is in place?
100% of people found this answer helpful

The 10% penalty is imposed by the federal government and if the annuity is within a qualified plan, you should be exempt from that. However, keep in mind that there may be penalties imposed by the insurance company that issued the annuity. I suggest that you speak with them.

January 2017
    Financial Planning, Real Estate, Taxes
Can I defer taxes by selling a property and using the proceeds to reduce the mortgages on other properties?
100% of people found this answer helpful
January 2017
    IRAs, Taxes
Why is my entire Traditional IRA withdrawal counted as income?
100% of people found this answer helpful
January 2017
    Social Security, Taxes
Can I alter my 2016 tax return to reduce my tax liability?
100% of people found this answer helpful
January 2017
    Bonds / Fixed Income, Tax Deductions / Credits
How will received interest on a savings bond impact my tax refund?
100% of people found this answer helpful
January 2017