Section 179: Opportunities and Pitfalls
Congress may come to the rescue again, but it appears for now that half-million dollar Section 179 deductions and 100% bonus depreciation deductions will become a thing of the past….
Volume 2 Issue 2 | April 2012
Seven Tips for Naming Beneficiaries
The Competitive Edge, Volume 2 Issue 2 | April 2012
Have you designated beneficiaries for all your retirement plans, life insurance policies and other assets? It is often not as cut-and-dried as it first seems. Here are seven suggestions to…
Locking in Deductions for Mortgage Interest
The Competitive Edge, Volume 2 Issue 2 | April 2012
Did you pay mortgage interest in 2011? Although the tax law is generally favorable to taxpayers in this area, do not assume that all the interest is deductible on your…
Take Tax Credits When They Are Due
The Competitive Edge, Volume 2 Issue 2 | April 2012
The income tax liability you face on your 2011 return—which must be filed by April 17, 2012—may be reduced by certain tax credits. The list of credits is extensive, but…