Posts In Category "Tax Planning"

2017 LAW CHANGE PASSES CONGRESS! SEE OUR TAX PLANNING RECOMMENDATIONS

22 Dec 2017 | Under Tax News, Tax Planning | Posted by | 0 Comments

TAX PLANNING AFTER THE DECEMBER 2017 LAW CHANGE:   Congress is enacting the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will pay. Since most of the changes will […]

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2017 Expanded Year End Tax Planning

27 Nov 2017 | Under Tax News, Tax Planning | Posted by | 0 Comments

Here is more information on how to plan for this and next year’s tax savings. (Click here for the  summary version.) As you may be aware Congress appears poised to enact a major tax reform law that could potentially make fundamental changes in the way you and your family calculate your federal income tax bill, […]

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2017 Year End Tax Planning Summary

| Under Tax News, Tax Planning | Posted by | 0 Comments

Here is a condensed version of our 2017 year end tax planning mailing.   Find the full version here. As you may be aware Congress appears poised to enact a major tax reform law that could potentially make fundamental changes in the way you and your family calculate your federal income tax bill, and the amount […]

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Deduct or Capitalize my Repair Costs?

29 Nov 2016 | Under Tax News, Tax Planning | Posted by | 0 Comments

Whether an expenditure qualifies as a currently deductible repair or is required to be capitalized is a factual determination. The burden of proof rests with the taxpayer, and sufficient contemporaneous records must be maintained. It is important to correctly characterize such expenses from the beginning. Otherwise, amended returns may have to be filed and that […]

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Year-end Tax Planning Letter 2016

| Under Tax Planning | Posted by | 0 Comments

Well, we waited for another end of year, last minute, tax law change, but due to the election results one won’t be coming. One thing is for sure, next year will bring such change. We are expecting lower capital gain rates, lower tax rates, possible repeal of the alternative minimum tax, elimination of some deductions, […]

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