Consider postponing your charitable giving until January 2013. This will increase your taxable income this year while your rates are low and decrease your taxable income next year when the rates are higher. And whichever year you do your charitable giving, gift appreciated stock whenever possible.

 

Seal of the United States Internal Revenue Ser...

Seal of the United States Internal Revenue Service. The design is the same as the Treasury seal with an IRS inscription. (Photo credit: Wikipedia)

 

But please do give! And we are here to help you think through your particular situation: 847-243-3600

(And if you have involvement with a non-profit, church or other donation-driven enterprise, it’s an interesting idea for you to integrate into your end-of-year giving appeals. Your smart donors are likely thinking about this very thing, and you should understand why — and, even, contact them at the beginning of the year, and/or facilitate their giving after December 31.)

For a new business owner, the first step seems really big … until the next step comes! And then you realize that running a business is a series of these decisions …you become a good risk-taker, if you stay in it for long.

But it sure helps to have somebody with a cold, clear eye to make sure you know what you’re getting into.

That is why we are here to hope you.  We thank you for reading our blog and to our clients,

Thank you for your trust, for your business year after year … and for making my first step into starting and running a firm “way back when” so rewarding now.

And what I’m excited about as we head towards the end of 2012 … well, here’s to helping YOU keep the IRS off your back in 2013!

Looks like we’re all going to need it …

Find out how you can save over $3,018 in tax savings by getting our free report. You can download it immediately by filling out the information on the right.

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