Subscribe for Free

Subscribe with

Enter your email address to have new posts delivered to your inbox:

Search

  • You are currently browsing the archives for the Tax Matters category.

Pages
Archives
Categories

Home Buyer Tax Credit

July 9th, 2010 | By William Allan | No Comments »

I’m currently helping a client get their home buyer tax credit. Call today if you need help with this or any other tax-related issue.

What Will Your Taxes Look Like in 2011?

April 29th, 2010 | By William Allan | No Comments »

Click here to see!

Tax Time Review

April 22nd, 2010 | By William Allan | No Comments »

With the 2009 tax season in the rear view mirror now would be a good time to do a tax time review. To say there are many changes to the tax code that also impact your investing is an understatement. Call us today for a no cost review of your taxes, investments and retirement. 818.436.9178.

Don’t Prepare Your Own Taxes…

April 1st, 2010 | By William Allan | 2 Comments »

Please don’t try and prepare your own taxes. If it seems like tax laws are changing every time you time around, it’s not your imagination. Over the past eight years, changes to the Tax Code have been made at a rate of more than one a day. According to the office of the National Taxpayer [...]

How Long Should I Keep My Tax Returns?

March 29th, 2010 | By William Allan | 1 Comment »

The general rule for income tax audits is that the IRS has 3 years from either the due date of your return or the date the return is actually filed (whichever is later) to initiate an audit. To be on the safe side you should keep your return until the first day of the year [...]

Don’t Overlook This Credit!

March 16th, 2010 | By William Allan | No Comments »

The Making Work Pay tax credit is a new credit worth up to $400 for individuals and $800 for married couples that was established by the American Recovery and Reinvestment Act of 2009. Millions of hardworking Americans have already received the benefit of this credit every pay period through reduced tax withholding.

Loss Deductions Due To Corporate Misconduct

March 10th, 2010 | By William Allan | No Comments »

Make certain your tax preparer classifies your securities losses correctly. Unfortunately we live in a time where securities fraud is all too popular. At first glance your losses related to a devaluation in stock or bond price, and subsequent sale or disposal would go on Schedule D as a capital loss and thereby be subject to [...]

Credit for Qualified Retirement Savings Contributions

February 19th, 2010 | By admin | No Comments »

If you make eligible contributions to an employer-sponsored retirement plan or to an individual retirement arrangement (IRA), you may be able to take a tax credit. The amount of the saver’s credit you can get is based on the contributions you make and your credit rate. Refer to Publication 590, Individual Retirement Arrangements (IRAs), for [...]