Restricted Stock Tax Rate Benefits
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how restricted stock is taxed, and the pros and cons of the 83(b) election. Read the Article
Partnership Rules
If you contribute property or services in exchange for a partnership interest, there may be tax consequences. Learn more in this Business Tip.
Don’t Panic If You Receive an IRS Notice
You should never ignore a letter from the IRS. Most can be dealt with simply and painlessly. Read more in this Tax Tip.
Energy Costs Rise as Tax Incentives Fade
Energy-related tax incentives are fading, but a few remain, including some for home improvements and plug-in vehicles. Read more in this Tax Tip.
Read This Before Tossing Old Tax Records
Now that your taxes are filed, how long should you hold on to your documentation? Read this week’s Tax Tip before you shred!
Tax Rates Increase in 2013
In 2013, if you make more, you’ll be taxed more thanks to the 2012 American Taxpayer Relief Act. Read more in this Tax Tip.
What are the new Section 179 expensing and bonus depreciation rules for 2013?
Business owners: You have to spend money to make money. You still have tax perks to make business purchases. Read all about it in this Business Tip.
Did You Overlook Something on a Prior Tax Return?
Failing to report an item of income can often generate an IRS inquiry. Solution? File an amended return. Read all about it in this Tax Tip.
2013 Will Hit Higher-Income Taxpayers Hard—Be Prepared (Part 3)
Warning to high income earners: You may be subject to surtaxes on certain wages and investment income. Read more in this Tax Strategist.
President’s Proposed Tax Changes for 2014
The President’s budget proposal aims to limit tax deductions and increase small-business retirement plan participation. Learn more in this Tax Tip.