Jun 10, 2012 | charities, donations, financial planning, tax deduction
A major problem in our society today is DEBT. It effects all of us directly or indirectly. It keeps us up at night, tears families apart and creates havoc in our lives. While most of us can’t avoid debt; we can manage it by following these basic rules: ...
May 7, 2012 | charities, donations, tax deduction, taxes
Deducting Charitable Contributions may help reduce you tax burden if you keep good records and have the information that is needed should you be audited. A legitimate deduction must be given to a qualified organization. You CANNOT claim a deduction made to a...
Feb 2, 2012 | financial planning, tax deduction, Uncategorized
The government has provided for some new tax incentives for small businesses in 2011 forward. Please review the following incentives. They may help you when making management decisions and help your business grow. Bonus depreciation is available when purchasing NEW...
Sep 1, 2011 | charities, donations, financial planning, nonprofits, pooled funds, tax deduction, taxable income, taxes
Public charities such as churches can increase their assets over the long term by offering their congregation the opportunity to donate to the church and earn income at the same time. The public charity sets up a “pooled income fund.” The individual...
