One last look at the Individual tax deductions, credits and phase-out. Don’t miss anything before it’s to late. Comprehensive overview of items such as the child tax credit and current standard deductions.
Continue Reading →Do you e-file your tax return? Did you know the rules changed for tax return preparers for the new tax season? Don’t wait to register as an ERO and get your EFIN!
Continue Reading →Paying for your kid’s tuition? Don’t count out some major tax savings through the American Opportunity (Hope) credit, Lifetime Learning credit and Deduction for qualified higher education expenses.
Continue Reading →The window of opportunity for many tax-saving moves closes on December 31. So set aside some time to evaluate your tax situation now, while there’s still time to affect your bottom line for the current tax year.
Continue Reading →Have you changed your mind on that 2010 Roth conversion? Do you regret converting your retirement money to a Roth IRA? Don’t miss the deadline to really change your mind and recharacterize your Roth conversion.
Continue Reading →Vehicles used for personal and business use can be partially deductible under your business. How can you deduct your vehicle expenses and which method do you use?
Continue Reading →What is the difference between a tax deduction and tax credit? Why is one so much more powerful than the other?
Continue Reading →Worried about the tax consequences of foreclosing on investment property? COD income? Gain or loss on your foreclosed property?
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