Tag Archives: tax planning

Battling the IRS

There was once a song about battling the law and losing. Fortunately, battling the IRS is possible and sometimes inevitable. Battling the IRS There comes a time when many Americans must take action against the IRS. The IRS can come … Continue reading

Posted in IRS Tips, Uncategorized | Tagged , , , | Leave a comment

Plan Now to Get Full Benefit of Saver’s Credit

Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2013 and the years ahead, according to the Internal Revenue Service. The saver’s credit helps offset part of the first $2,000 … Continue reading

Posted in All Taxpayers, Tax Credits, Tax Planning | Tagged , | Leave a comment

Fine-Tuning Capital Gains and Losses

The year’s end has historically been a good time to plan tax savings by carefully structuring capital gains and losses.  Let’s consider some possibilities. If there are losses to date − As an example, suppose the stocks and other capital … Continue reading

Posted in All Service Providers, All Taxpayers, Daycare Providers, Ever wonder, Have you ever asked, IRS Tips, Realtors | Tagged , , | Leave a comment

Client Letter: Year End Planning for 2012 (Businesses)

Dear clients, As the year draws to a close, it’s important that we calculate the expected taxable income or loss of your business and determine if there is anything we can do before the end of the year to mitigate … Continue reading

Posted in All Service Providers, All Taxpayers, Business Deductions, College Planning, Daycare Providers, Financial Planning, Have you ever asked, IRS Tips, obamacare, Year End Letter | Tagged | Leave a comment

Year-End Tax Planning Moves for Individuals

Uncertainty dominates year-end tax planning this year. Unless Congress acts, the Bush-era tax cuts will expire and bring higher tax rates and the loss of many deductions and credits starting in 2013.  More individuals will be snared by the alternative … Continue reading

Advertisement

Posted in All Service Providers, All Taxpayers, Ever wonder, Have you ever asked, IRS Tips, obamacare | Tagged , , , | Leave a comment

Assisting Your Child Acquire a Home

If you are a parent who wants to assist your child in obtaining his or her first home, there are a number of ways you can help. 1. Help with the down payment – Real estate lending laws generally will … Continue reading

Posted in All Taxpayers, Gift, IRS Tips | Tagged , , , | Leave a comment