Strategies To Reduce The Net Investment Income Tax

Strategies To Reduce The Net Investment Income Tax

The goal of planning  net investment income tax (NIIT) is to manage the adjusted gross income and net investment in order to reduce the total amount subject to federal tax….

Tax Provisions That Expire In 2013

Tax Provisions That Expire In 2013

There are many tax provisions that are scheduled to expire at the end of 2013. You should consider taking advantage of these provisions while they exist. Tax Breaks For Individuals…

Education Tax Deductions and Credits Can Help Save You Money

Education Tax Deductions and Credits Can Help Save You Money

The cost of college is always increasing; however, there is some relief with education tax deductions and credits. Qualified education expenses may be deducted for your dependents, yourself or your…

Alternative Minimum Tax | Tax Planning

Alternative Minimum Tax | Tax Planning

The purpose of the alternative minimum tax (AMT) is to help keep the wealthy from using tax loopholes in order to avoid having to pay taxes. It was designed to…

Where did your tax dollars go ? Calculate Now

Where did your tax dollars go ? Calculate Now

Where did my tax dollars go ? During the tax time of the year, this thought might cross your mind.  Use this graphic (published by wheredidmytaxdollarsgo.com) to see how your…

RBI Guidelines | Acquisition and Transfer of Immovable Property in India

RBI Guidelines | Acquisition and Transfer of Immovable Property in India

You may have heard Sanjiv talk about RBI Guidelines on Radio or at the Live Events. What are those RBI Guidelines ? Who is impacted by those guidelines  ? Acquisition…

2014 Tax Brackets

2014 Tax Brackets

Are you ready to plan your 2014 Tax ? In that case, you might want to start with the 2014 tax brackets.   2014 Tax Brackets (for taxes due April…

Are you making more than average income ?

Are you making more than average income ?

Here is chart from the Tax Foundation.  According to this chart, the average income for taxpayers age 55 to 65 is nearly $82,000—and the average for all taxpayers is about…

Interest is taxable but often overlooked

Interest is taxable but often overlooked

Any interest that the tax payer receives directly, or through a credit in his account and is of the nature that it can be withdrawn at a future date without…