News Articles

24

November

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2014 Year-End Tax Planning Suggestions for Businesses & Business Owners

2014 Year-End Tax Planning Suggestions for Businesses & Business Owners We have compiled a checklist of suggestions based on current tax rules that may help you save tax dollars if you act before year-end. Not all actions will apply in your particular situation, but you (or your business) will likely benefit from many of them. … Continued

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24

November

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2014 Year-End Tax Planning Suggestions for Individuals

2014 Year-End Tax Planning Moves for Individuals We have compiled a checklist of suggestions based on current tax rules that may help you save tax dollars if you act before year-end. Not all will apply in your particular situation, but you (or a family member) will likely benefit from many of them. We can narrow … Continued

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19

November

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Accelerating Deductions to Save Taxes

Accelerating deductions to save taxes Smart timing of deductible expenses can reduce your tax liability, and poor timing can unnecessarily increase it. When you don’t expect to be subject to the alternative minimum tax (AMT) in the current year, accelerating deductible expenses into the current year typically is a good idea. Why? Because it will … Continued

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12

November

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Will the lame-duck Congress revive expired tax breaks for 2014?

Will the lame-duck Congress revive expired tax breaks for 2014? With the midterm elections now behind us and control of the U.S. Senate set to shift parties in January, it’s time to revisit the valuable tax breaks that expired at the end of 2013. Will the lame-duck 113th Congress revive any of them for 2014? … Continued

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10

November

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How higher-bracket taxpayers can take advantage of the 0% long-term capital gains rate

How higher-bracket taxpayers can take advantage of the 0% long-term capital gains rate The long-term capital gains rate is 0% for gain that would be taxed at 10% or 15% based on the taxpayer’s ordinary-income rate. If you have loved ones in the 0% bracket, you may be able to take advantage of it by … Continued

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