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Archive for November, 2009

The Santa Claus Deduction

There’s a reason Santa does all his work right before year-end.  Since he’s on a cash basis only (okay, milk and cookies and cash, probably), he has mastered the first rule of smart tax planning  – MAXIMIZE YOUR DEDUCTIONS & MINIMIZE YOUR INCOME.  So he pays all his elves by Christmas Day, delivers the goods [...]

Is Your Year-End Tax Strategy A Turkey?

It’s that time of year again.  The one day you eat roast turkey, stuffing, cranberry sauce and pumpkin pie all in one sitting.   No wonder you have to take a nap afterwards.  But once you’ve recovered your appetite, watched all the football games and done all your Black Friday shopping, you might want to think [...]

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