Monthly Archive: October 2015

10 Best States for Taxes on Retirees

Retirees have special concerns when evaluating state tax policies: Are Social Security benefits taxed? Does the state impose its own estate tax? Are there property tax breaks for seniors? The answers can greatly affect the financial well-being of someone living…
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A Tax Strategy for Real Estate Sales

By Allison DeLuca, CPA, Melville, N.Y. October 1, 2015   The U.S. real estate market has always attracted the attention of investors and developers worldwide and even more so recently because of a number of factors including increased financing channels…
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Retirement Plan Limits for the Tax Year 2016

On October 21, 2015, the IRS announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016. Here are the highlights: 2016 Plan Limits

Tax Planning Businesses Can Do Before Year End

By Sally P. Schreiber, J.D. Printed by The Tax Adviser October 8, 2015 At the end of every year, it seems, taxpayers wait anxiously for Congress to enact extensions of popular business tax breaks, and every year Congress waits to…
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