- Year-End Investment Moves
- If you invest in publicly traded securities, here are a couple of tax-saving possibilities you shouldn't forget to consider before year-end.
- Liberal Expensing Limits Can Create Major Year-End Tax Savings
- Businesses seeking to increase deductions by acquiring machinery and equipment before year-end have an impressive array of tools to work with:
- Having a Low Taxable Income Year? Ways to Take Advantage of It
- Being unemployed, having had an accident that’s kept you from earning income, incurring a net operating loss (NOL) from a business, having an NOL carryover from a prior year, suffering a casualty loss or other incidents that result in abnormally low taxable income for the year can actually give rise to some interesting tax planning strategies.
- Habits That Threaten Your Identity and Pocketbook
- They're just old habits. You likely to do them without even thinking. But these habits could be making you vulnerable to hacks, scams, ID theft and Internet phishing schemes out to separate you from your hard-earned money.
- Higher Income Taxpayers Hit with Exemption & Itemized Deductions Phase-out
- Generally, in 2016 and 2017 taxpayers are allowed to deduct personal exemptions of $4,050 for themselves, their spouses and their dependents. In addition, taxpayers are allowed a standard deduction or, if their deductions are large, they can itemize their deductions.