Select Page
Nine Year-End Tax Savers for Individuals

Nine Year-End Tax Savers for Individuals

Even though the end of the year is fast approaching, you still have time to trim your 2015 federal income tax bill. Nine year-end tax savers for individuals follow: State and local income taxes. If you prepay certain state and local taxes, you can claim the deduction...
Interest Rates Can Affect Your Taxes

Interest Rates Can Affect Your Taxes

Do you keep up with fluctuations in interest rates? The IRS does too, and changes in those rates could affect your tax return. For instance, applicable federal rates, or AFRs, are published by the IRS to set a minimum interest rate for certain transactions, such as...
Plan for Social Security Retirement Benefits

Plan for Social Security Retirement Benefits

If you’re approaching retirement age and will qualify for social security, you’ll need to decide when to start collecting. You can begin as early as age 62 or as late as age 70. Within that window, your monthly receipts will increase for each month you delay taking...
Portability Can Simplify Estate Planning

Portability Can Simplify Estate Planning

Final IRS regulations will help married couples pass more estate assets to heirs without creating complicated trusts. The “portability” rules allow surviving spouses to retain the unused portion of a deceased husband or wife’s estate exemption – if the rules are...
Join the 1,000+ businesses and ministries who receive our newsletter with up-to-date information on IRS updates, making traction through financial focus, and making QuickBooks work for your organization!
  • Thank you for trusting us to send you timely and valuable information.
  • If you ever have an interest on a specific topic, please let us know.
  • When you receive our newsletter each week, take a moment and let us know what you think.
  We hate spam and never share your details.