Do you still need to worry about the AMT?
Now is a good time to familiarize yourself with the changes to AMT, assess your AMT risk and see if there are any steps you can take during the last several months of the year to avoid...
Once upon a time, some parents and grandparents would attempt to save tax by putting investments in the names of their young children or grandchildren in lower income tax brackets. To discourage such strategies, Congress created the “kiddie” tax back in 1986. Since then, this...
If your income will be higher in 2016 than in 2017 –
With improvements in the economy in West Michigan, you may be looking at significant income growth over that of previous years. If 2016 will be a higher income year, you may benefit...
A few deductions will expire at the end of this year, so it’s important to act now to take advantage of them in the remaining months of 2016 and to adjust your plans for 2017 if you’re depending on using them.
Did you pay...