Category: Tax saving tips

"Bunching" deductions could cut your taxes

Getting the most benefit from tax deductions requires multi-year planning as well as consideration of the alternative minimum tax (AMT). The multi-year part involves

What to consider in making the social security decision

If you’re approaching retirement and are eligible for social security, you have three broad options for drawing your benefits: start early, wait until your "full" retirement age, or hold out a few years longer to qualify for the monthly maximum.

Taxes play a role in diversifying your investments

Savvy investors often spread their risks by investing in a variety of asset classes such as stocks, bonds, commodities, and real estate. But with a changing tax landscape, investors might consider three more classes: taxable, tax-deferred, and tax-free.

Consider better ways to use your tax refund

What are you going to do with your federal income tax refund this year? Instead of spending the money on things you don't really need − like a bigger flat screen TV or the latest smart phone − you might put a sizeable refund to better use. Here are a few suggestions.

Resolve to put your tax and financial house in order this year

The only way to achieve financial security is to monitor your tax and financial affairs throughout the year. And what better way to kick off the new year than to tidy up your financial and tax house. Here are some tips to get you started…

Face the alternative minimum tax (AMT) head-on

The alternative minimum tax (AMT) — often called a "stealth tax" — snares unsuspecting or uninformed taxpayers each year. With a better…

Tax tips for year-end charitable giving

As the year draws to a close, you may decide to donate cash or property to one or more worthy causes. Besides the satisfaction of helping others, there's another reward…

Are you prepared for these common business problems?

When the economy is uncertain, you must be extra-careful to avoid the types of disasters that could ultimately lead to your company's demise. Fortunately, some advance planning may prevent or alleviate severe problems. Here are seven common scenarios…

Make time for a year-end tax review

Time is running out for moves you can make to reduce your 2011 tax bill. Some actions to consider right now…

Contact us soon for a year-end tax review

An important part of our service to you is to help identify actions you can take before year end to minimize your 2011 income tax bill.

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