2016 Ira Contributions — It’s Not Too Late!
Yes, there’s still time to make 2016 contributions to your IRA. The deadline for such contributions is April 18, 2017. If the contribution is deductible, it will lower your 2016 tax bill. But even if it isn’t, making a 2016 contribution is likely a good idea. Benefits...Tangible Property Safe Harbors Help Maximize Deductions
Did your business make building or equipment repairs in 2016? The expense may save you tax.
Do You Need to File a 2016 Gift Tax Return by April 18?
Last year you may have made significant gifts to your children, grandchildren or other heirs as part of your estate planning strategy. Or perhaps you just wanted to provide loved ones with some helpful financial support. Regardless of the reason for making a gift,...
IRS Warns of New Email Scam
The IRS has issued a warning regarding a new email scam that has been detected. Cyber-criminals are sending out emails impersonating tax professionals. This means that cybercriminals are pretending to be your tax preparer and are sending out emails requesting that...
Natural Disasters and Charitable Donations
Helping Others After a Natural Disaster Between fires, floods, hurricanes and tornados, since 2005 the United States has been wracked over and over by Mother Nature. First, it was Katrina, then Rita came rushing in hot on Katrina’s heels to decimate Louisiana....Posts By Author
 Chris Coggins |