| Hi Website Visitor. Enjoy your Articles for January 21, 2008. |
| Answers to Your Questions About Social Security |
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Once again, Social Security is in the national spotlight. This January, the first Baby Boomers turn 62, making them eligible to draw benefits. That brings up a lot of questions for those about to retire soon and those still years away. Among other things, people want to know how much they can expect, when they can quit working, and perhaps most important... will the Baby Boomers bankrupt Social Security? Read on to learn more.
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| Sell Your Income Property Tax-Free |
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Uncle Sam still requires you to pay tax when you sell appreciated investment real estate. But here's a smart long-term maneuver that lets you keep your profits from a rental home or investment property tax-free.
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| Know the Ins and Outs of 'Reasonable Compensation' |
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The IRS sometimes challenges the compensation of corporate shareholder-employees and decides the amounts are too high or too low. If auditors determine your salary is unreasonable, you company could be hit with back taxes and penalties. Here are two cases of taxpayers who contested IRS salary determinations in court, along with some ways to justify a reasonable salary.
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| Age Has its Privileges ... and Penalties |
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Reaching certain ages can result in the need to make some tax and financial moves. Miss certain deadlines and you might lose out. Take a look at some age-related milestones that are important to you and your family members.
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