Time To Take Stock Of Your 2013 Taxes
With the tax season soon upon us, and the IRS set to begin accepting 2013 tax returns on January 31, it is a good time to take stock of your […]
Beware Of AMT When Doing Year-End Tax Planning
As year end approaches, you may be trying to accelerate deductible expenses into 2013 to reduce, or at least defer, tax. But you must beware of the alternative minimum tax […]
It’s Not Too Late: IRA Distributions for Charitable Deductions
Have you considered using the funds in your individual retirement account (IRA) to make a charitable contribution? If so, it’s a good idea to follow up on your plans sooner […]
Tax Tips for Higher Education Costs
As we approach August, it is time to start thinking about college as the Fall is fast approaching. For college students and those who love them, that means tuition payments […]
To Buy or Not to Buy?
The American Taxpayer Relief Act of 2012 (ATRA) gave business owners a question to consider. If you’re in the market for business assets such as equipment and software, should you […]
Gilbert Shareholders Interviewed on Walt Shaw Radio Show
Gilbert shareholders, Linda Geery and Darla Colson, spent this morning talking taxes with CBS Radio’s Walt Shaw. They discussed the impact of ATRA legislation for 2013 taxes and how the […]
Gifting: It’s No Hobby
Giving away a substantial sum or valuable asset to a beloved heir may be fulfilling, even fun. But it shouldn’t be just a hobby; it’s serious business. Everyone who’s built […]
Kids Going to Day Camp? You May Be Eligible For a Tax Credit
Day camp is a qualified expense under the child or dependent care credit, which is worth 20% of qualifying expenses (more if your adjusted gross income is less than $43,000), […]
3 Stages of Homeownership & Their Tax Breaks
A home is the single most valuable asset in many people’s possession. So it’s important to always remain aware of the tax impact of home ownership. The good news is […]
Time to Update Your Estate Planning
Have you been putting off your estate planning due to uncertainty in the tax law? Then you’ll be happy to hear much of the uncertainty has been eliminated by the […]