Tag Archives: Adjusted gross income

Year End Planning Tip

During December, you should evaluate whether you’ll save any taxes by postponing 2013 income or deductions into 2014 or by accelerating 2014 income or deductions into 2013.  While many factors should be evaluated prior to making your final decision, a … Continue reading

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Part 1: New Tax Rules, Hikes and Strategies for 2013

Tax hikes in 2013 mean it’s time to revisit available tax breaks. Effective 1/1/13, taxes increased for many well-paid Americans. Here are three separate tax hikes that might affect you: Top federal income tax rate now 39.6% Top Medicare tax … Continue reading

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THE NEW AMERICAN TAXPAYER RELIEF ACT: HOW MUCH RELIEF IS IN IT FOR YOU?

By Michael Bohigian, EA The American Taxpayer Relief Act of 2012 rescued the vast majority of Americans from the tax edge of the “fiscal cliff” and the steep tax increases scheduled to kick in as the Bush tax cuts expired … Continue reading

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