How summer day camp can save you taxes

How summer day camp can save you taxes

May 17, 2016 | Tax Tips

Although the kids might still be in school for a few more weeks, summer day camp is rapidly approaching for many families. Did you know that sending your child to day camp might make you eligible for a tax credit? The power of tax credits Day camp (but not overnight...
QSB stock offers two valuable tax benefits

QSB stock offers two valuable tax benefits

May 4, 2016 | Small Business

By investing in qualified small business (QSB) stock, you can diversify your portfolio and enjoy two valuable tax benefits: 1. Tax-free gain rollovers. If within 60 days of selling QSB stock you buy other QSB stock with the proceeds, you can defer the tax on your gain...
Why it’s time to start tax planning for 2016

Why it’s time to start tax planning for 2016

Apr 20, 2016 | Tax Tips

Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought of taxes until year end is approaching. But for maximum tax savings, now is the time to start tax planning for 2016. More opportunities A tremendous number of...