by Christine | Dec 31, 2012 | Taxes |
The Washington-imposed financial headache goes beyond higher taxes. Due to the action on Capitol Hill certain industries could be hit particularly hard by budget cuts and millions of taxpayers could be held up in filing their 2012 returns. When ringing in the...
by Christine | Dec 26, 2012 | 2012, Estate Tax, Estates, Tax Planning, Taxes |
The good news: There was no Mayan apocalypse.The bad news: You didn’t win the Powerball. This past year will undoubtedly be remembered for several important events – the Supreme Court’s decision upholding Obamacare, the London Olympics and the reelection...
by Christine | Dec 21, 2012 | Tax Planning, Taxes |
“Any time you make a decision purely for tax reasons, it has a way of coming back and biting you.” It’s no secret that the looming “fiscal cliff” has investors sitting on the edge of their seats. And if the President and Congress cannot agree on a plan to avert...
by Christine | Aug 8, 2012 | Estate Planning, Small Business, Taxes |
Last week a colleague and I were discussing a C Corporation with nearly three-quarters of a million dollars in retained earnings, with owners who want to get the money out. The owners wondered about any “fancy tax ideas.” My colleague immediately stated, “Yeah;...
by Christine | Jun 21, 2012 | Charitable Giving, Taxes |
As the tax-code debate heats up this election season, one cherished break for taxpayers in upper brackets—the deduction for charitable contributions—is under fire. The bridge is out. As the current tax code barrels down the track there seems to be no one in the engine...
