By purchasing stock in certain small businesses, you can not only diversify your portfolio but also enjoy preferential tax treatment. And under a provision of the tax extenders act signed […]
When it comes to deducting charitable gifts, all donations are not created equal. As you file your 2015 return and plan your charitable giving for 2016, it’s important to keep […]
You probably know that miles driven for business purposes can be deductible. But did you know that you might also be able to deduct miles driven for other purposes? The […]
Would you like to benefit charity while reducing the size of your taxable estate yet maintain an income stream for yourself? Would you also like to divest yourself of highly […]
In the quiet months before the conventional season of festivities and gift exchanges begins, you might not be thinking about charitable contributions. Yet if giving is part of your 2013 […]
Are you complying — down to a “T” — with the IRS requirements for acknowledging charitable contributions from your donors? If not, the IRS could disallow your donors’ deductions. This […]
Medical expenses that aren’t reimbursable by insurance or paid through a tax-advantaged account (such as a Health Savings Account or Flexible Spending Account) may be deductible — but only to […]
Are you going to school this fall to earn an advanced degree or to brush up on your work skills? If so, you might be able to deduct what you […]
Fringe benefits may be such an established part of your business compensation package that you’re fairly casual about them. Nevertheless, it’s wise to review your policies periodically to make sure […]
Are you considering solar energy improvements to your home or business? Gilbert Tax Manager, Terra Van Zant, shares the tax incentives available for residential installations, what costs are eligible and […]