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Charitable Giving Tip That Could Save You Thousands

  • 22 October 2013
  • Author: ellice909
  • Number of views: 2373
  • 0 Comments
Charitable Giving Tip That Could Save You Thousands
Have your long-held stocks made a good recovery this year? If so, they could hold the key to saving you thousands in taxes when it comes to charitable giving. If you’re a sole proprietor or own a business with another type of flow-through entity like an LLP, LLC or S-Corp, giving appreciated stock as a gift could be the best way to give, and receive, this year.

Home Office Deductions: Is the Tax Advantage Worth It?

Is the Tax Advantage Worth It?

  • 8 October 2013
  • Author: ellice909
  • Number of views: 2422
  • 0 Comments
Home Office Deductions: Is the Tax Advantage Worth It?

 The IRS is now using a simplified, common-sense approach to calculating home office deductions called the ‘safe harbor method.’ While the new optional deduction will reduce time and paperwork, it may not be right for everyone. Here, we take a look at the new option as well as an often-overlooked alternative that could save you even more money.

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