National tax deductions Articles, National tax deductions News

Want to gift to your grandchildren? Do it with a trust

Gifting assets to your grandchildren isn't just a nice thing to do; it can reduce the size of your estate and the tax that will be due upon...

This article was written under my byline James Skyeand appeared recently on a Yahoo! contributor page.Many of us leave our home and commute work,...

There is a term that the IRS uses with regards to lowering the amount on which one is taxed. It’s called tax avoidance.Those who have taken...

With a mere eight work days left on the calendar for the 111th Congress, the House Democrats unveiled a 423 page omnibus spending bill very early...

From Washington, DC. In a collective sigh of relief heard ‘round the country, small business owners greeted President Obama’s press...

From Washington, DC. Maybe what happened on Capitol Hill this weekend was really just an organized R&R (rest and relaxation) game for...

The IRS says an activity qualifies as a business if your primary purpose for engaging in the activity is for income or profit and you are involved...

*This is the second article in a series discussing Estate Planning. All information from this series was taken from an interview with Samuel J....

What is planned giving?Planned giving is a way for you to donate your assets to a nonprofit. These assets can include objects from your private...

There is another solution. At some point, it’s not what you get out of the sale; it’s simply what you get out of. Rather than sell your...