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2013 Year End Tax Planning Strategies You Need To Know

Thankfully, this tax season should be a little easier for individuals than last year as there are fewer uncertainties about changing tax laws. For most taxpayers, they should not expect to pay more in taxes this year with all else being equal (i.e. marital status, income, state of residence etc.). Still, almost all taxpayers can explore the below strategies to lower their taxes in 2013. Read More.

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The Key Tax Breaks That Are Set To Expire At The End Of 2013

As is the case in most recent years, there are a slew of tax breaks that are set to expire at the end of the year. The big difference with this year in comparison to previous ones is that the Alternative Minimum Tax patch is no longer an issue. It was permanently addressed and “fixed” this year. What tax breaks should businesses and individuals be prepared to lose after the end of the year? Read More.

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Do I Have The Proper Messaging On My Website?


We're glad to hear that you are questioning the messaging on your website. Many web start-ups build a product and become so emotionally attached to the inner-workings of their software that they lose sight of the importance of having the right words on their homepage. .
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The IRS Is Enforcing IRA Minimum Required Distribution Rules


Historically, hundreds of thousands of IRA holders that are 70 1/2 or older have failed to comply with the IRS rules. The major causes for the issues seems to be the account holder's failure to understand the rules and what they are holding in their accounts. .
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Which States Are The Least Tax Friendly?

In the past, we’ve highlighted the most tax friendly states for retirees. We thought we should also identify the least tax advantageous states for all individuals. It should come as no surprise that California is at the top of the list for having the highest taxes in multiple areas. The other states may surprise you as well. Read More.

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The Rising Cost Of College Tuition Has Slowed

Finally, we have some good news on the college tuition front. A recently released report by the College Board indicated that tuition increased by 2.9% to $8,893 for in-state students attending public four-year colleges. This compares to a 4.8% increase a year ago and is the smallest yearly increase in over 30 years? Did other out-of-state students and those attending private colleges and universities fair the same? Read More.

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What Should You Do Given The 2013 Tax Filing Delay?

The 16 day government shutdown hasn’t only delayed tax refunds for those that filed for extensions in 2012. The IRS is now working through a backlog of inquiries and has informed the public that the filing season for the 2013 tax year will be delayed by up to two weeks. This means that the IRS will not begin processing returns until January 28th or as late as February 4th, 2014. What should you do to prepare for this delay? Read More.

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Should I Buy Variable Universal Life Insurance?


Many individuals learn of variable universal insurance policies through their financial planner. It's one of the more complicated financial products on the market and can easily be misused if proper due diligence isn't done prior to purchasing a policy. .
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How Can New Businesses Keep Growing After The Big Launch


Let's suppose that you've recently launched a new business and the initial press, buzz and sales were fantastic. After six months of solid growth, business has begun to dry up. Now, you're faced with making many difficult business decisions. How should you proceed? .
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The Top Three Most Tax-Friendly States For Businesses


We recently highlighted the most attractive places for individuals to retire for the tax savings. Our analysis may have surprised many folks nearing retirement. We believe this may also be the case for businesses considering a relocation to a new state. As is the case for individuals, states taxes for businesses aren't all equal. .
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