Tax Magic For Professionals And Small Business Owners
By: Frank Armstrong
It’s fourth quarter, which means it’s time to be thinking about what next year’s tax bill might look like. With itemized deductions for state and local taxes and mortgage interest deductions pared, professionals and small business owners may be wondering if there are other legit ways to reduce the pain. Perhaps up to a a...
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By: Frank Armstrong
Many seniors find that their newly severely restricted itemized deductions fall short of their personal deductions ($24,000 married filing jointly). So, their charitable contributions may be worth zero on their tax returns. That’s a little bit of a bummer even though the primary objective was to benefit the charity. Most of us have a ...
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