2014 Year-End Tax Planning

Tax Savings and Planning Strategies Newsletter Q4 2013 Learn more about year-end tax planning strategies that can save you money going into the new year.  Whether you are an investor, business owner, or individual, tax planning can help you to keep more money in your pocket.  We are available to answer any questions that you…

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Tax Savings and Business Strategies Newsletter Q3 2013 This newsletter contains information on: New In-Plan Conversions Tax-Free Gains from Home Sales Diversify 529 Accounts Maximizing Medical Deductions Using the Work Opportunity Tax Credit This CPA Client Tax Letter is provided by TRS CPA Group, P.A.  to its clients through an arrangement with the AICPA, which…

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About Time to Consider Switching Your IRA to a Roth IRA For more than a decade, Roth IRA accounts have been one of the best tax breaks available. Once age requirements are met, earnings on already taxed dollars are withdrawn tax-free. Changes in 2010 Through 2009, adjusted gross income could not exceed $100,000 (single or…

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Small Business Jobs Act of 2010 Here are highlights of the tax changes in the 2010 Small Business Act. – Depreciation Expensing  Limits Increased Increased Section 179 expensing from $250,000 to $500,000 for 2010 and 2011; phaseout of deduction begins after $2 million of eligible property purchased Up to $250,000 of qualified real property purchases can…

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