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LIBERAL EXPENSING LIMITS CAN CREATE MAJOR YEAR-END TAX SAVINGS

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Businesses seeking to increase deductions by acquiring machinery…

2016 TAX DEDUCTION FINDER & PROBLEM SOLVER

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This is an archive of the 2016 edition of our tax organizer.…

HAVING A LOW TAXABLE INCOME YEAR? WAYS TO TAKE ADVANTAGE OF IT

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Article Highlights: Taxable Income Graduated Individual…

HABITS THAT THREATEN YOUR IDENTITY AND POCKETBOOK

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Article Highlights What's in Your Wallet or Purse Your Fear…

HIGHER INCOME TAXPAYERS HIT WITH EXEMPTION & ITEMIZED DEDUCTIONS PHASE-OUT

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Generally, in 2016 and 2017 taxpayers are allowed to deduct personal…

ACCOUNTING 101: HOW TO READ AN INCOME STATEMENT

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Your income statement is one of the most important documents…

TIPS FOR HOLIDAY CHARITY GIVING

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Article Highlights: Holiday Season Charity Gifts Long-form…

LITTLE-KNOWN TACTIC INCREASES CHILD CARE CREDIT

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Article Highlights: Social Security Benefits Child Care…

SO YOU WANT TO DEDUCT YOUR WORK CLOTHES; BETTER READ THIS

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Article Highlights: Condition of Employment Not Suitable…

THINKING OF CONVERTING YOUR HOME TO A RENTAL? BETTER READ THIS FIRST

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Article Highlights: Home Gain Exclusion Converting Homes…

TAKING ADVANTAGE OF BACK-DOOR ROTH IRAS

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Article Highlights: Roth IRA High Income Phaseout Traditional-to-Roth…

SENIORS BEWARE, AFFORDABLE CARE ACT WILL BE CUTTING YOUR MEDICAL DEDUCTIONS

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Article Highlights: Seniors and Medical Deductions AGI Limitations…

WHO CLAIMS THE KIDS? YOU OR YOUR EX-SPOUSE?

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Article Highlights: Custodial Parent Dependency (Exemption)…

CUTTING THE IRS OUT OF YOUR GIFTS

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Article Highlights: Gift Tax Rule Annual Exemption Lifetime…

DON'T BE LEFT HOLDING THE TAX BAG

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Article Highlights: Paying Independent Contractors 1099-MISC…