CONNECTIONS

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Entries Tagged as 'Reducing Taxable Income'

PERSONAL FINANCE: How to Reduce Your Taxable Income (Part II)

December 21st, 2007 · No Comments

– Deborah A. Morgan, CPA
In order to benefit from year-end tax planning it is always a good idea to look at two years at a time…say, 2007 and 2008.
By so doing, you can compare and determine (based on your particular situation) whether deductions should be moved from 2008 into 2007 or your income deferred from [...]

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Tags: Connections Vol.1 No.2 · Deborah A. Morgan · Personal Finance · Reducing Taxable Income · Taxes

PERSONAL FINANCE: How to Reduce Your Taxable Income (Part I)

November 16th, 2007 · No Comments

– Deborah A. Morgan, CPA
It’s getting towards the end of the year and it’s a good time to start thinking about ways to reduce your taxable income.
Let’s start with an easy way to do just that (and feel good in the process): donate to a charity.
Checks are the easiest way to make a tax-deductible donation. [...]

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Tags: Connections Vol.1 No.1 · Deborah A. Morgan · Personal Finance · Reducing Taxable Income · Taxes