6 Top Tax Changes for 2015
These are the major changes to the Internal Revenue Code taking effect in 2015.
On Romney’s 2011 Return, HNW Tax Preparer Says, ‘I’ve Never Prepared One This Complicated’
One thing that was clear from the 379-page return was the benefit the Romneys have reaped from lower rates on long-term capital gains.
14 Big Changes for Tax Years 2011-13: Tax Expert Bernard Kiely
Reminders on tax code changes that have already occurred, those that may disappear this year if Congress doesn't act, and what's on tap for 2013, from advisor and tax expert Bernie Kiely.
Taxing Sole Proprietors: What Advisors Should Know—Slideshow
In an increasingly complicated tax environment, how can you protect your practice?
Different Tax Day Leads to Taxpayer Dithering
Taxpayers filing later, and confusion surrounding mandatory e-filing and writing checks.
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.
23 Days of Tax Planning Advice: AdvisorOne Special Report
What advisors need to know, and remember, at tax time, and throughout the year, when it comes to tax planning for clients and for themselves.