Tuesday, October 4, 2016

YEAR-END TAX PLANNING

It’s that time of the year again – time to talk about year-end tax planning.
 
As I have been saying every year at this time for decades - Once the ball drops on One Time Square on New Year’s Eve and 2017 is rung in there is very little that you can do to reduce your 2016 tax liability.  But there is much that can be done during the last two months of the year to make sure that you pay the absolute least amount of federal and state income tax possible.
 
I have created a 2016 YEAR-END TAX PLANNING GUIDE.  This guide discusses in detail what you can do between October 1 and December 31 to make sure that you pay the absolute least possible amount of federal and state income tax for 2016.
 
I talk about –
 
·         THE MOST IMPORTANT NUMBER ON YOUR TAX RETURN
 
·         THE TRADITIONAL YEAR-END STRATEGY
 
·         TIMING OF DEDUCTIONS
 
·         CAPITAL GAINS AND LOSSES
 
·         MUTUAL FUNDS
 
·         COLLEGE COSTS
 
·         PEP, PEASE, NIIT, AND THE MEDICARE SURCHARGE
 
·         EXPIRING TAX BENEFITS
 
·         and the dreaded ALTERNATIVE MINIMUM TAX
 
I also provide compilations of the Inflation and Cost-of-Living Adjustments for credits, deductions, exclusions, and phase-outs for 2016 and 2017, and include helpful worksheets.  The “What’s New for 2017” compilation will be sent separately when the information becomes available
 
The cost of this report, sent to you as a “pdf” email attachment, is only $3.00!  A print copy send via postal mail is $4.00.      
 
Send your check or money order for $3.00 or $4.00 payable to TAXES AND ACCOUNTING, INC, and your email, or postal, address to –
 
YEAR-END TAX PLANNING GUIDE
TAXES AND ACCOUNTING, INC
POST OFFICE BOX A
HAWLEY PA 18428
 
TTFN
 
 
 
 
 
 
 
 

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