Tags » Tax Tips

Top Four Year-End IRA Reminders

The following is the IRS Special Edition Tax Tip 2014-24:

Individual Retirement Accounts are an important way to save for retirement. If you have an IRA or may open one soon, there are some key year-end rules that you should know. 366 more words

Tax Tips

Supersizing Your Charitable Contribution Deductions

This article was originally published in Hershey Advisors’ monthly Tax and Business Alert.

You might want to consider three charitable giving strategies that can help boost your 2014 charitable contribution deduction. 426 more words

Tax Tips

Home Office Expenses of Employees

This article was originally published in Hershey Advisors’ monthly Tax and Business Alert.

In our always-connected, always-on business environment, it isn’t unusual for employees to work from home on a regular basis. 519 more words

Tax Tips

The Tax Benefits of Selling Rather than Trading in Business Vehicles

This article was originally published in Hershey Advisors’ monthly Tax and Business Alert.

Although a vehicle’s value typically drops fairly rapidly, the tax rules limit the amount of annual depreciation that can be claimed on most cars and light trucks. 169 more words

Tax Tips

Individual Year End Tax Planning Ideas

This article was originally published in Hershey Advisors’ monthly Tax and Business Alert.

As we approach year end, it’s again time to focus on last-minute moves you can make to save taxes — both on your 2014 return and in future years. 609 more words

Tax Tips

Six IRS Tips for Year-End Gifts to Charity

The following is the IRS Special Edition Tax Tip 2014-23:

Many people give to charity each year during the holiday season. Remember, if you want to claim a tax deduction for your gifts, you must itemize your deductions. 444 more words

Tax Tips