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Tax News & Tips: Mid-Year 2009 Newsletter
Year-End 2008 Newsletter
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| | Reevaluate Shareholder Loans
With all the angst about the economy, high gasoline prices, and the lousy real estate environment, you may not have noticed that most interest rates are near historically low levels. | | | Required Minimum Distributions Waived for 2009
Taxpayers can be subjected to an onerous excise tax if they take less than the required minimum distribution (RMD) from their retirement plan each year. | | | Sales Tax Write-offs for Vehicles and Motor Homes
A provision in the recent Stimulus Act provides that qualified motor vehicle taxes are deductible as either an itemized deduction or as a component of the standard deduction. | | |
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