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Ensure Your Year-End Donations Will Be Deductible on Your 2016 Return

November 29, 2016 Blog

Donations to qualified charities are generally fully deductible, and they may be the easiest deductible expense to time to your tax advantage. After all, you control exactly when and how much you give. Read More

There’s Still Time to Benefit on Your 2016 Tax Bill by Buying Business Assets

November 28, 2016 Blog

In order to take advantage of two important depreciation tax breaks for business assets, you must place the assets in service by the end of the tax year. So you still have time to act for 2016. Read More

Accelerating Your Property Tax Deduction to Reduce Your 2016 Tax Bill

November 22, 2016 Blog

Smart timing of deductible expenses can reduce your tax liability, and poor timing can unnecessarily increase it. When you don’t expect to be subject to the alternative minimum tax (AMT) in the current year, accelerating deductible expenses into the current year typically is a good idea. Read More

Year-End Tax Strategies for Accrual-Basis Taxpayers

November 21, 2016 Blog

The last month or so of the year offers accrual-basis taxpayers an opportunity to make some timely moves that might enable them to save money on their 2016 tax bill. Record and Recognize The key to saving tax as an accrual-basis taxpayer is to properly record and recognize expenses that were incurred this year but won’t be paid until 2017. Read More

Infographic: Go Green, Save Green

November 14, 2016 Blog

Tax breaks to purchase efficient energy property and electric vehicles. . Read More