2011 Updates
What’s new for 2011 • U.S. Series I Savings Bonds – You can buy these with your refund without setting … [Read More]
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Advice & Consulting
Get professional and personalized advice about tax issues, accounting and financial planning that can easily be put to work for … [Read More]
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Alternative Minimum Tax
The Basics: The Alternative Minimum Tax (AMT) was designed to catch people who avoid paying taxes due to certain tax … [Read More]
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Charitable Deductions
The Basics: You can deduct your contributions to charitable (non-profit) organizations only if you itemize your deductions. You can’t deduct … [Read More]
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Combat Zone Exclusions
The Basics: Exclude certain pay from your income while working in a combat zone. Service outside a combat zone is … [Read More]
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Education Credits and Deductions
Tax benefits might be available if you’re saving for or paying education costs for yourself or another student who’s a … [Read More]
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Financial Aid
The Basics: When applying for financial aid, you may need to provide a copy of your tax return. See if … [Read More]
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Home Ownership
The Basics You can deduct the interest on your home loan and the real estate taxes you pay on the … [Read More]
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Just Married
The Basics: First of all – Congratulations! Next – call us and let us do a withholding analysis to find … [Read More]
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Kiddie Tax
Under the kiddie tax rules, part of a child´s investment income might be subject to tax at the parent´s highest … [Read More]
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Late Filing
The Basics: If you file on time, but don’t pay the entire balance you’ll be charged a late payment penalty … [Read More]
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Medical Deductions
The Basics: If your employer has a flexible spending arrangement, consider using it to pay your medical expenses. To deduct … [Read More]
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Rental Income
The Basics: Money you receive for the use of real estate is taxable to you as rental income. Don’t include … [Read More]
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Retirement Planning
The Basics: Social Security is a foundation for retirement, but you will generally also need have other investments to draw … [Read More]
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Saving for Education
The Basics: A Coverdell Education Savings Account (ESA) provides a tax-efficient way to save for a student’s education in elementary, … [Read More]
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Scams and Fraud
Don’t Fall Prey to the 2011 Dirty Dozen Tax Scams The Basics: Be wary of phony e-mails that ask for … [Read More]
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Small Business
The Basics: If you conduct a business activity on a regular basis with the intent of making a profit, the … [Read More]
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Starting a Business
In this world there are leaders and followers. An entrepreneur is definitely a leader. They assume the risk of starting … [Read More]
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Year-End Planning
The Basics If your medical expenses don’t add up to 7.5% of your adjusted gross income (AGI), see if an … [Read More]