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Echelbarger, Himebaugh, Tamm & Co., PC Online Resource Library

Answers to Your Tax Questions. What are some of the most significant changes in the new tax reform law for individuals? How can I turn my photography hobby into a business and deduct my expenses? What is the 2017 tax impact of owning a vacation home? Are my 2017 work-related education expenses deductible? How do I know if I m required to make estimated tax payments? If I provide monetary support to relatives, should I give a gift or a loan? Do I need professional appraisals of my noncash gifts? We would ...

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Answers to Your Tax Questions. What are some of the most significant changes in the new tax reform law for individuals? How can I turn my photography hobby into a business and deduct my expenses? What is the 2017 tax impact of owning a vacation home? Are my 2017 work-related education expenses deductible? How do I know if I m required to make estimated tax payments? If I provide monetary support to relatives, should I give a gift or a loan? Do I need professional appraisals of my noncash gifts? We would ...

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Echelbarger, Himebaugh, Tamm & Co., PC Online Resource Library | ehtc-taxguide.bizactions.com Reviews

https://ehtc-taxguide.bizactions.com

Answers to Your Tax Questions. What are some of the most significant changes in the new tax reform law for individuals? How can I turn my photography hobby into a business and deduct my expenses? What is the 2017 tax impact of owning a vacation home? Are my 2017 work-related education expenses deductible? How do I know if I m required to make estimated tax payments? If I provide monetary support to relatives, should I give a gift or a loan? Do I need professional appraisals of my noncash gifts? We would ...

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Echelbarger, Himebaugh, Tamm & Co., PC Online Resource Library

http://ehtc-taxguide.bizactions.com/resource_library/tg-real-estate.cfm

How Real Estate Can Reduce Your Tax Obligation. To maximize the tax benefits of property ownership, homeowners, investors and real estate professionals alike need to be aware of the breaks available to them as well as the rules and limits that apply. Whether you're selling your principal residence, renting out a vacation property or maintaining a home office, tax savings are available if you plan carefully. You generally can deduct (for both regular tax and AMT purposes) interest on up to a combined tota...

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Echelbarger, Himebaugh, Tamm & Co., PC Online Resource Library

http://ehtc-taxguide.bizactions.com/resource_library/tg-basics.cfm

To Save or Defer Tax, Think about Timing. When it comes to tax planning, nothing is simple. For example, first you need to consider your marginal tax rate — this is the regular rate you'll pay on your next dollar of "ordinary income" (salary, business income, interest and more). 2016 ordinary income tax brackets. Married filing jointly or surviving spouse. 2015 ordinary income tax brackets. Married filing jointly or surviving spouse. Married filing jointly or surviving spouse. That's why, no matter what ...

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Echelbarger, Himebaugh, Tamm & Co., PC Online Resource Library

http://ehtc-taxguide.bizactions.com/resource_library/tg-business-executive.cfm

BUSINESS and EXECUTIVE COMPENSATION. Tackle Tax Planning Strategies Head On. Also, if you own the business, it's likely your biggest investment, so thinking about long-term considerations, such as your exit strategy, is critical as well. And if you're an. Projecting your business's income for this year and next will allow you to time income and deductions to your advantage. It's generally — but not always — better to defer tax, so consider:. Deferring income to next year. This also will defer tax. If...

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Echelbarger, Himebaugh, Tamm & Co., PC Online Resource Library

http://ehtc-taxguide.bizactions.com/resource_library/tg-family.cfm

Turn Saving Tax Dollars into a Family Tradition. It may be another good year for families to save taxes. Most of the child- and education-related tax breaks on the table the last several years are available once again to parents — or in some cases to grandparents or to students themselves. And a new savings opportunity is now available for people with disabilities and their families. See the right-hand box, "What's new! ABLE accounts offer a tax-advantaged way to fun disability expenses.". Qualified expe...

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Echelbarger, Himebaugh, Tamm & Co., PC Online Resource Library

http://ehtc-taxguide.bizactions.com/resource_library/tg-retirement.cfm

Making Golden Decisions about Your Golden Years. Planning for your retirement means making a series of financial decisions that will have an impact on your golden years: Should you invest in a traditional tax-deferred plan, a Roth plan that offers tax-free distributions, or both? If you opt for a Roth plan, which of the several options available is right for you? Also, when should you start withdrawing from your retirement savings, and in what amounts? 401(k)s and Other Employer Plans. If your employer p...

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Echelbarger, Himebaugh, Tamm & Co., PC Online Resource Library

Answers to Your Tax Questions. What are some of the most significant changes in the new tax reform law for individuals? How can I turn my photography hobby into a business and deduct my expenses? What is the 2017 tax impact of owning a vacation home? Are my 2017 work-related education expenses deductible? How do I know if I m required to make estimated tax payments? If I provide monetary support to relatives, should I give a gift or a loan? Do I need professional appraisals of my noncash gifts? We would ...

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