Articles, tagged with "taxable income", page 1

Understanding your Roth IRA Contribution Limits for 2011

This article will cover the Roth IRA contribution limits of 2011, which you need to stay up to date with since the federal government changes regulations on contribution limits for both Traditional IRAs and Roth IRAs every year. Contribution Limits of 20... Read >
Author: DaleC

Year-End Tax Extenders – Where’s The Patch?

Every year at about this time Congress starts thinking about what tax laws will expire on December 31, and what it really needs to be doing about these. Of the 65 various tax provisions that will expire, one of the big ones is the annual “Patch” for the ... Read >
Author: George Bauernfeind

Certified Public Accountant in Salt Lake City, Utah

Is it that time of the year again when you have to file your tax return? Do you run a small business and find it nearly impossible to maintain your books and accounts? Or how about maintaining the payroll of your staff consisting of basic salaries, medica... Read >
Author: localone

3 Significant Tips on How to Reduce the Probate Costs

In the last few years, probate laws have gone through various modern transitions. Although these so called modern transitions have been proved relevantly beneficial for a large section of people, another section of group have been less preferring to the i... Read >
Author: Luis lili

Should You Accelerate or Defer Income to Minimize Your Alternative Minimum Tax?

In connection with year-end tax planning, much has been written about accelerating or deferring deductions. The sometimes-overlooked question of accelerating or deferring income deserves just as much attention, especially for those in the Alternative Min... Read >
Author: George Bauernfeind

The Rewards of the Section 179 Deduction

Section 179 Deduction Illustrated Section 179 would be the part of a tax return specifically where the tax-payer can list equipment and/or tangible personal property they would like to write-off. Any property listed under Section 179 can be totally depre... Read >
Author: Better Business Funding, LLC

IRS Releases 2011 Version of Form 6251 - Time to Start Thinking about Year-End Tax Planning

The IRS recently released its 2011 version of the Form 6251 – Alternative Minimum Tax – Individuals. With year-end only a few months away, this serves as a timely reminder that anyone stuck in the AMT needs to start thinking about the ways they can reduc... Read >
Author: George Bauernfeind

New Health Savings Account Plans Offer Three Times More Than Health Insurance

Health Savings Account Plans have been gaining popularity. This insurance option is unique type of plan that combines low-cost premiums with tax advantages. One feature of HSA Plans is that savings set aside for health care expenses can be used to reduce ... Read >
Author: Wiley Long

Plan for the Future with an Individual Retirement Account

As you plan for your financial future, one of the greatest assets you can have is an individual retirement account (IRA). An IRA allows you to save money, earn interest and enjoy tax benefits with one simple account. Though it might be tough to find the e... Read >
Author: Victoria Lee

Protect yourself and you family with income protection insurance.

We can all plan for the future but there may be a time in your life where you encounter an illness or an injury where you can no longer assure yourself and your family with the financial security that you need. For most of us, the concern of what may happ... Read >
Author: Mandi Pardley

Choosing the Right Individual Retirement Account for Your Future

If you're looking to save for your future, an individual retirement account, or IRA, is one of the best investment vehicles you'll find. IRAs offer workers a low-risk way to save and earn interest. Though financial experts agree that people should begin s... Read >
Author: Victoria Lee

Small Business Tax Tips - What's The Difference Between A Tax Deduction And A Tax Credit?

Do you understand the difference between a tax deduction and a tax credit? This story should clarify the difference. A self-employed taxpayer (let's call her Debbie) meets with her accountant to discuss her income tax return. She was quite distraught b... Read >
Author: Wayne M. Davies

Who Can Benefit from the Alternative Minimum Tax Credit?

With few exceptions, when the Alternative Minimum Tax is paid it is money out the door - gone forever. No surprise here since this is the way taxes work. What is a surprise to many folks, however, is that a portion of the AMT paid in one year may instea... Read >
Author: George Bauernfeind

Planning Opportunities Reduced for Vacation Homes

In the past, it was possible to turn a vacation home or rental home into your principal residence so that you could later sell it and exclude gains on the sale from income. If you were planning on such a strategy, be aware that the tax rules recently chan... Read >
Author: IshanGoradiya

Low income health insurance is a boon

Are you looking for low income medical policy ? If yes, then you should utilize the power of internet for this purpose. You will be very happy to know that the low cost medicare policy offered online will help you get the best. It will save you a lot of m... Read >
Author: himanshu

User published content is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License