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Hi, Website Visitor. Here are your Articles for June 25, 2008.
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You don't need to analyze your parents' financial status down to the last nickel and dime, but you do need to cover the basics and make sure there are no surprises in their financial future -- or yours. Here, the nine most important money questions you need to ask Mom and Dad.
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If you get the dreaded IRS letter in the mail, don't panic just yet. Most contact initiated by the IRS is triggered by minor issues or common errors. Each year, more than a million people receive a letter from the IRS because they forgot to sign their returns. It's even possible that the IRS is writing to let you know they owe you money.
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The IRS has announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
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If you own at least 10 acres of land in the woods, the Ohio Forest Tax Law Program maybe something you should consider. Land put in the program receives a 50 percent real estate tax reduction for the land owner.
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We take great care in the preparation of our articles and announcements. We also have a process of reviewing articles when major changes take place. The business, legal and tax climate is constantly changing especially when reviewed on an industry basis.
It may be very important to consult with us or your Investment Advisor before implementing ideas contained in articles and announcements. Many ideas have complexities and nuances that cannot be adequately detailed in the articles or announcements. We are not responsible for errors, misinterpretations or omissions related to these articles or announcements. Nor are we responsible for the applicability to your personal, business or tax situation.
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