Business Tax Planning
2008 Capital Gains Tax Sep 19, 2008
Capital gains tax is imposed on gains realized from the sale of capital assets such as a home, investments, and business interests. Under the Jobs and Growth Tax Relief Reconciliation Act of 2003 (2003 Tax Act) and the Tax Increase Prevention and Reconciliation Act of 2005 (2005 Tax Act), certain dividends are also taxed at capital gains tax rates. Generally, capital gains tax rates are lower than the rates applied to ordinary income.
|
Capturing the Elusive R & D Tax Credit Sep 8, 2008
You don’t have to be developing cutting edge technology or a new pharmaceutical to take advantage of the Research and Development Tax Credit. Over the past 25 years, the Research and Development Tax Credit has been an elusive target for many businesses. Since its creation in 1981, the credit has died and been resurrected at least 11 times by Congress but never made permanent. Determining qualifying expenditures and the baseline for calculation would make the best business owner cringe. But armed with professional tax help, fighting the red tape can be a worthwhile endeavor for many businesses. |
Tax Tips; Health Insurance Sep 8, 2008
Your health insurance coverage probably came in handy several times over the past year. It all seemed so simple at the time--you paid a deductible, and your insurance usually kicked in the rest. But what do you do at tax time? Just what are you taxed on, and what can you deduct on your federal income tax return?
|
Transferring Your Family Business Sep 5, 2008
As a business owner, you're going to have to decide when will be the right time to step out of the family business and how you'll do it. There are many estate planning tools you can use to transfer your business. Selecting the right one will depend on whether you plan to retire from the business or keep it until you die.
|
Securities offered through Securities America, Inc., Member FINRA/SIPC and advisory and financial planning services offered through Securities America Advisors Inc. Susan Powers, Paul Hundley, Brendan Hayes, Kim Harris, Chuck Zodda, Representatives, Money Matters Radio, Armstrong Advisory Group and Securities America, Inc. are separate entities.
© 2011 Money Matters Inc