November Newsletter
One form of charitable giving some taxpayers may not be aware of is donating appreciated stock. It can enable someone to do good while garnering some tax advantages over a cash donation. This article explains the benefits, rules and limits.
A tax break that allows taxpayers to take an itemized deduction for state and local sales taxes in lieu of state and local income taxes was permanently extended by the Protecting Americans from Tax Hikes Act of 2015. This article describes the sales tax deduction, which could benefit a perhaps surprising number of taxpayers.
Many employers look to attract and retain key employees through nonqualified stock options. So those receiving them should stay up to speed on the tax treatment and reporting. This article explains the basics.
Using vehicles to conduct business means keeping tax planning in mind. This brief article reviews the latest on deducting business-related vehicle expenses and Sec. 179 depreciation rules.
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