Should You Direct IRA Funds to Charity?
Time may be running out on a unique estate-planning strategy for retirees. Under a special tax-law provision, an individual age 70½ or older can transfer funds directly from an IRA…
Volume 3 Issue 6 | December 2013
Avoiding the Net Investment Income Tax
The Competitive Edge, Volume 3 Issue 6 | December 2013
The Patient Protection and Affordable Care Act not only brought us Obamacare, but also the Net Investment Income Tax or NIIT. This new tax, which is a Medicare surtax, is…
2013 Year-End Tax Planning for Individuals
The Competitive Edge, Volume 3 Issue 6 | December 2013
It’s that time of year where we should think about preparing an estimate of your current year tax liability and see if there isn’t some way we can reduce that…
2013 Year-End Tax Planning for Businesses
The Competitive Edge, Volume 3 Issue 6 | December 2013
As the year draws to a close, it’s important that we review your business’s income for 2013 to project the estimated tax liability for the year and see if there…