Sold Out
Book Categories |
How to Use This Book | ix | |
Index to Life-Cycle Events | xi | |
10 Smart Tax Planning Tips | xii | |
Changes in the Tax Law You Should Know About | xiii | |
Part I | Tax Strategies for Individuals | 1 |
1. | What You Have to Include as Income | 3 |
Introduction | 3 | |
Wages, Salaries, and Other Earned Income | 3 | |
Interest and Dividends | 7 | |
Rental Income and Expenses | 11 | |
Capital Gains and Losses | 11 | |
Selling Your Home | 11 | |
Income from Business and Other Investments | 11 | |
Social Security and Other Benefits | 15 | |
Other Income | 21 | |
2. | What You Can Deduct: Exemptions, Adjustments, and Deductions | 33 |
Introduction | 33 | |
Standard Deduction | 34 | |
Personal and Dependent Exemptions | 35 | |
Individual Retirement Arrangements (IRAs) | 37 | |
Simplified Employee Pensions | 38 | |
Keogh (HR 10) Plans | 38 | |
Simple Retirement Plans | 38 | |
Divorce or Separation | 38 | |
Medical and Dental Expenses | 40 | |
Taxes | 43 | |
Interest Expenses | 44 | |
Charitable Contributions | 48 | |
Casualty and Theft Losses | 48 | |
Moving Expenses | 50 | |
Employee Business Expenses and Other Expenses | 51 | |
Overall Limit on Itemized Deductions | 56 | |
3. | Travel and Entertainment Expenses | 58 |
Introduction | 58 | |
The 50% Deduction Limitation | 58 | |
Travel and Transportation | 60 | |
4. | Tax Planning and Your Home | 75 |
Introduction | 75 | |
Rules for Selling Your Home | 75 | |
5. | IRAs, 401(k) Plans, and Other Retirement Plans | 89 |
Introduction | 89 | |
IRAs | 89 | |
Roth IRAs | 93 | |
Coverdell Education Savings Accounts (ESAs) [Formerly Education IRAs] | 95 | |
401(k) Plans | 97 | |
Simple Plans | 98 | |
Distributions from IRAs and 401(k) Plans | 99 | |
Simplified Employee Pensions | 103 | |
Keogh (HR 10) Plans | 104 | |
Company Retirement Plans | 105 | |
6. | Charitable Contributions | 106 |
Introduction | 106 | |
Who Is the Recipient? | 106 | |
Private Foundations | 109 | |
Nondeductible Contributions | 110 | |
Gifts of Property | 111 | |
Bargain Sales | 113 | |
Limits on Deductions | 114 | |
Charitable Remainder Trusts | 116 | |
Carryovers | 118 | |
Record-Keeping and How to Report Charitable Contributions | 119 | |
Cash Contributions | 119 | |
Contributions to Charity Dinners, etc. | 120 | |
Noncash Contributions | 120 | |
7. | Capital Gains and Losses | 123 |
Introduction | 123 | |
How Capital Gains Are Taxed | 123 | |
Strategies for Selling Securities | 127 | |
Other Opportunities for Individuals | 131 | |
8. | Mutual Funds | 134 |
Introduction | 134 | |
Dividends | 135 | |
Sale of Mutual Fund Shares | 141 | |
9. | Filing Status and How to Calculate Your Tax | 146 |
Introduction | 146 | |
Who Must File | 146 | |
Filing Status | 150 | |
Citizens Living Abroad | 154 | |
Children under Age 14 | 155 | |
Tax Rates for Individuals | 156 | |
Alternative Minimum Tax | 156 | |
Credits That Reduce Your Tax | 161 | |
The Hope Scholarship Credit | 165 | |
The Lifetime Learning Credit | 166 | |
Estimated Tax Payments and Withholding | 168 | |
Employment Taxes on Services by Domestic Employees | 171 | |
Penalties | 172 | |
10. | Year-End Planning for Individuals | 173 |
Introduction | 173 | |
Filing Status | 175 | |
Income | 176 | |
Adjustments and Deductions | 181 | |
Itemized Deductions | 183 | |
Part II | How to Improve Your Financial Future | 189 |
11. | Investment Planning | 191 |
Introduction | 191 | |
Getting Started | 191 | |
12. | Retirement Planning | 204 |
Introduction | 204 | |
Planning for Retirement Expenditures | 204 | |
Retirement Cash Flow and Inflation | 205 | |
Sources of Retirement Income | 205 | |
13. | Estate and Gift Planning | 211 |
Introduction | 211 | |
Getting Started | 211 | |
Estate Tax Fundamentals | 212 | |
Installment Payment of Estate Tax | 231 | |
Concerns Regarding Community Property | 233 | |
Part III | Tax Strategies for Businesses | 235 |
14. | Choosing the Right Entity for Your Business | 237 |
Introduction | 237 | |
Choosing the Proper Business Entity | 237 | |
Types of Businesses | 239 | |
15. | Determining Income, Deductions, and Taxes for Your Business | 245 |
Introduction | 245 | |
Accounting Periods and Methods | 245 | |
What to Include and What to Deduct from Income | 247 | |
How to Report Business Income | 266 | |
16. | S Corporations | 279 |
Introduction | 279 | |
Electing S Corporation Status | 279 | |
Advantages of Being an S Corporation | 280 | |
Operating as an S Corporation | 282 | |
State Tax Considerations | 286 | |
17. | Year-End Tax Planning for Businesses | 287 |
Introduction | 287 | |
Timing of Income and Deductions | 287 | |
Depreciation | 288 | |
Capital Asset Transactions | 290 | |
Charitable Giving | 291 | |
Executive Compensation | 291 | |
Dividends-Received Deduction | 292 | |
Estimated Tax Filing Requirements | 292 | |
State Tax Considerations | 292 | |
Appendices | 294 | |
Tax Calendar | 299 | |
Index | 301 |
Login|Complaints|Blog|Games|Digital Media|Souls|Obituary|Contact Us|FAQ
CAN'T FIND WHAT YOU'RE LOOKING FOR? CLICK HERE!!! X
You must be logged in to add to WishlistX
This item is in your Wish ListX
This item is in your CollectionThe Ernst and Young Tax Saver's Guide 2004
X
This Item is in Your InventoryThe Ernst and Young Tax Saver's Guide 2004
X
You must be logged in to review the productsX
X
X
Add The Ernst and Young Tax Saver's Guide 2004, Higher tax credits, marriage penalty relief, rate cuts affecting all income brackets, and favorable treatment of corporate dividends are only a few of the changes made by recently passed tax legislation that will affect individuals this year. Do you know , The Ernst and Young Tax Saver's Guide 2004 to the inventory that you are selling on WonderClubX
X
Add The Ernst and Young Tax Saver's Guide 2004, Higher tax credits, marriage penalty relief, rate cuts affecting all income brackets, and favorable treatment of corporate dividends are only a few of the changes made by recently passed tax legislation that will affect individuals this year. Do you know , The Ernst and Young Tax Saver's Guide 2004 to your collection on WonderClub |