Taxes
Articles
Why AMT is Still on the Table
Want to avoid the Alternative Minimum Tax? We don’t blame you. Alas, we Googled around, interviewed experts, and learned… there ain’t nothin’ you can do about it. The AMT is a “parallel tax” that was created in 1969 to prevent extremely wealthy... ➡
Tax Tips from a Pro
Getting a fat refund check from the IRS can feel like winning the lottery—but luck has nothing to do with preparing your tax return. To help you make the most of your deductions this year, here are some Dos and Don’ts from personal finance maven... ➡
Meal Deductions, Explained
One of your employees announces that she’s engaged, and you take her and the office out to lunch to celebrate. In the evening, you take out your business partner to celebrate the company’s one-year anniversary. Both of those count as business... ➡
A Last-Minute, Year-End Tax Break
While you’re up in the attic or closet-diving for holiday decorations, lock in one last tax deduction by gathering up your old stuff. It could offset a nice chunk of your holiday bill: If you’re in the 25% tax bracket and you donate $1,000 worth... ➡
Flat Taxes: For Better or Worse?
Perry and Romney are headed for a confrontation on tax policy. (STEVE MARCUS - REUTERS) By now you’ve figured out that a flat tax is pretty much what it sounds like. In the case of Republican candidate Herman Cain, who is proposing the 9-9-9... ➡
Tax Tips for Donations
As you prepare to enter your charitable contributions on your schedule A, are you thinking “I thought I gave more than this?” Well, you probably did! Consider the following before you file: A charity doesn’t have to issue a detailed receipt... ➡
What the Payroll Tax 'Raise' Really Means
You've probably heard that, starting this month, workers who pay into Social Security will be getting, in effect, a 2% pay increase. Not really. True: some 155 million people will be seeing more cash in their paychecks. Someone earning $50,000... ➡
The Best Last-Minute Gift
You're out of ideas, almost out of money, and there's little chance you can get anything shipped by Christmas Eve now anyway. Before you resort to regifting, there is a smart, affordable surprise you can have ready at the click of a mouse. It's... ➡
