Tax Favorable Ideas for Your Children’s Summer
We discuss tax advantageous plans for summer child care.
Tax Strategist: In the Market for a New Business Vehicle?
There is one tax loophole on the books that is large enough to drive a truck through…literally. Due to a provision in the new 2010 Tax Relief Act, you can write off most or all the entire cost of a heavy-duty SUV placed in service this year—without the usual restrictions. But you should move fast if you are in the market for a new business vehicle. Congress may soon undo the unexpected windfall created by the new tax law.
What to do with Your Tax Refund?
Bil Lako, CFP®, and Dr. Gene discuss what you should do with your income tax refund.
Tax Strategist: Tax Moves for Your 2010 Taxes
The federal tax filing deadline of April 18, 2011 is looming, but there is still time to cut your taxes for 2010. Read this Tax Tip for five strategies.
Can You Benefit from Itemizing?
While everyone who earns an income needs to file a tax return, many filers still wonder if they should itemize their deductions. We look at a few facts that should help you decide if itemizing would decrease your tax liability
2011 and 2012 Payroll Tax Cut
If you work and pay into Social Security, you will see an increase in your paycheck for 2011, as for one year only, the employee’s share of the payroll tax will be reduced.
Who Can Deduct Home Office Expense?
It’s tax time, so the hosts of "Money Talks" answer the burning question of “Who can deduct home office expenses?”
Without Adjusting your W-4, You May be Giving the Government an Interest-Free Loan
The "Money Talks" hosts discuss why it is important to discuss your withholding amounts with your Tax Adviser.
Q&A: Bonds, Margin Interest and Annuities
The "Money Talks hosts answer listeners’ questions on bonds, margin interest and annuities.
Tax Strategist: Changing from a C corporation to a S corporation
Changing from a C corporation setup to the S corporation setup can be beneficial, but there are numerous factors to consider. With the March 15 deadline for 2011 fast approaching, you should seek guidance for your situation.