Last-minute tax steps.

التفاصيل البيبلوغرافية
العنوان: Last-minute tax steps.
المؤلفون: Cohen, Jeffrey S.
المصدر: Westchester County Business Journal; 12/29/2008, Vol. 47 Issue 52, p21-24, 2p
مصطلحات موضوعية: TAXATION, INCOME tax, DIRECT taxation, SOCIAL security, GOVERNMENT securities, INCOME maintenance programs
مصطلحات جغرافية: UNITED States
مستخلص: The article provides insights on how to reduce one's income tax bill in the U.S. He says that income tax bill can be reduce by reducing income or increasing expenses. He advises one to be aware of the consequences of any action that changes the adjustable gross income (AGI) from one year to the next. Further, a higher AGI could have some unintended and unpleasant consequences, including increasing the taxable amount of Social Security benefits and phasing out some of the itemized deductions.
قاعدة البيانات: Complementary Index