Tax planning checklist
personal income tax planning checklist
Category: Tax Planning
Noncash charitable donations
A snapshot of #tax issues related to large non-cash charitable deductions: – Taxpayers can avoid paying income tax on up to half […]
Four personal reflections at the end of tax season
One week past the most demanding tax deadline of the year and I’ve caught up with the most urgent post-season demands, and […]
The snarky CPA’s Guide to High Income Tax Planning
How do you reduce your income taxes after you’ve exhausted all the usual middle income tax planning possibilities? Ignore anything published online […]
How we handle tax fraud
I wrote this comment tonight to a young Enrolled Agent struggling with a client committing tax fraud who described herself as naïve […]
America Competes Act could bring tax changes
America Competes Act is not intended as tax reform legislation. Yet some tax advisers are talking about the impact it could have […]
Top 10 IRS audit triggers and what you should do about it if you are at risk
Here are the top 10 IRS tax audit triggers, as compiled and published by The Wall Street Journal1 on March 5, 2022:1. […]
Tax changes are not real
I find myself in the unfamiliar position of saying “It’s not real!” to the wide range of voices talking about the ‘Biden […]
Review of Biden administration tax policy progress after one year in office
The Biden administration proposed two major themes in its tax reform agenda. These were widely promoted during the campaign and then heavily […]
Simple overview of tax options for LLCs
If you operate a business as a Limited Liability Company (LLC), the. you have some choice in how to have your business […]