2014 YEAR-END TAX PLANNING FOR INDIVIDUALS

Tax PlanningAs 2014 draws to a close, we are still waiting for Congress to pass the popular tax benefits commonly referred to as “extenders.” Although this is less than ideal for planning purposes, the good news is that much of the current Tax Code remains unchanged for the 2014 tax year and beyond. Click here to read the planning guide 2014 Year-End Tax Planning Guide

 

 

Inside you will find information on the following topics:

 

Traditional Tax Planning

  • Income Deferral/Exclusion
  • Deductions/Credit Acceleration

 

Inflation-Adjusted Taxes and Phaseout Amounts

  • Income Tax
  • Additional HI (Medicare) Tax
  • Itemized Deduction Phaseout (Pease Limitation)
  • Personal Exemptions
  • Kiddie Tax

 

Taxes on Investments

  • Capital Gains Tax
  • Tax on Dividend Income
  • Net Investment Income Tax (NIIT)

 

Alternative Minimum Tax

Expired Tax Benefits

Tax Benefits for Families

Shared Responsibility Payment

 

The tax professionals at BKHM CPAs are always available to assist you with any tax matters, contact us at 407-998-9000 or bkhm@bkhmcpa.com.

 

 

 

 

 

 

Related Tags

IRS Tax Planning 1040 taxes

Social Share

Post Comment