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Still Time to Make These Tax-Saving Moves – Action you can take before time runs out
Still Time to Make These Tax-Saving Moves – Action you can take before time runs out Five last-minute tax savings ideas Still Time to Make These Tax-Saving Moves Here are five tax saving ideas that can be used by most taxpayers. But act soon, there are only a few months until our tax year comes to an end. 1 Make a late-year charitable donation. Even better, make the donation with appreciated stock you have owned over one year. You can often receive the higher value donation without paying capital gain taxes. 2 Make final contributions to your qualified retirement plan
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2017 Social Security Changes Announced
2017 Social Security Changes Announced The Social Security Administration recently announced their 2017 Cost-of-Living Adjustment (COLA) changes. Here is what you need to know 2017 Social Security Changes Announced The Social Security Administration recently announced monthly social security and supplemental security income benefits (SSI) will increase slightly in 2017. This increase is based upon the Consumer Price Index over the past 12 months ending in September 2016. On the other hand, the potential maximum payment to Social Security goes up a whopping 7.3%. A recap of the key amounts is outlined here: 2017 Key Social Security Benefits What does it
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To Amend or Not Amend? – Is it always a good idea to amend your tax return?
To Amend or Not Amend? – Is it always a good idea to amend your tax return? Oops. You find an error or omission on last year’s tax return. What should you do? Is it always a good idea to file an amended tax return? Here are some things to consider. To Amend or Not Amend? There’s usually an element of relief after your annual tax return has been filed. But what do you do if you find an error on your tax return? Should you always file an amended return? Here are some things to consider. Errors in the
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Key Tax Filing Date Changes
Key Tax Filing Date Changes 2016 tax return filing deadlines are changing for some. If you have foreign bank accounts, expect to receive a Form K-1 from a partnership or LLC, or participate within a C-corporation you will need to know this information Key Tax Filing Date Changes There are new tax filing deadlines effective for 2016 tax returns. Here are the major changes worth noting. Small Business Partnership and Limited Liability Corps Small businesses that are organized as a partnership or limited liability companies filing Form 1065 must file their tax return on or before March 15, 2017. This
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