Tax Planning Advice: Look at Last Year’s Return—Bernard Kiely
A minimum of a two-year trend analysis on a client’s tax returns can pinpoint mistakes and opportunities.
Tax Planning Advice: Using the Section 179 Deduction—Bernard Kiely
Last year's Small Business Jobs Act increased Section 179 limitations to $500,000 and expanded the definition of qualified property for the 2010 and 2011 tax years.
Tax Planning Advice: Handling Bonuses or Capital Gains—Bernard Kiely
Tip No. 5: make sure clients inform you immediately--not wait until tax season--when they get a bonus at work or a big capital gain.
Tax Planning Advice: Accelerating Expenses—Bernard Kiely
For self-employed clients and advisors themselves, consider purchasing necessary supplies for the new tax year into the year just ending.
Surprising results in survey of professional and executive women