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Taxes

This category contains 4 posts

5 Things to Do With Your Tax Refund

It’s that time of year where dreams come alive – the season of tax refunds.  The one day a year we feel a strange gratitude to the IRS for holding OUR money and finally returning it to us.   Each year the list of ways to spend the money gets longer – new curtains, new windows, [...]

Vet the Vets: Lessons in Charitable Giving

The ghost of Ebeneazer Scrooge is having a field day at our house.  Every night, seated at the dinner table, fork poised in mid air on it’s way to my mouth, the phone rings.  And just like Pavlov’s dogs, I jump up to snatch the phone from its cradle before it rings again.  What is [...]

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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