- Take Advantage of the Annual Gift Tax Exemption
- Have you tried this year-end strategy?
- Have a Worthless Stock You Want to Write Off for 2016? Action May be Needed by Year-End
- If you are like most investors, you occasionally will pick a loser that declines in value. Sometimes, a security can even become worthless when the issuing company goes out of business.
- Are you making the most of education tax credits?
- Do you qualify for the American Opportunity or Lifetime Learning tax credits?
- Have you ever thought about pre-paying your taxes?
- With year-end upon us, you might want to look at pre-paying 2017 taxes in 2016.
- 2016 Tax Moves That Take Advantage of One of Trump's Tax Proposals
- One of the tax proposals that President-elect Trump has made, which also falls in line with the general Republican tax proposals, is increasing the standard deduction for single taxpayers to $15,000 and to $30,000 for joint filers in 2017. That is more than double the standard deductions ($6,350 for singles and $12,700 for joint filers) that currently apply for 2017.
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