Monthly Archives: February 2009

Tweet Why it may not be deductible!So you bought a painting at a charitable auction only to be told by your tax preparer it’s not deductible. You even paid the charity directly. You even have a receipt. What gives? Rather than cite tax code lingo, let’s talk in understandable terms. If you buy something at a charitable auction, it’s only deductible if … Continue reading →

Tweet 2009 ushers in a new wave of financial limits that can impact your bottom line. Every year we get a new set of limits based on the guidelines presented by Congress and the IRS. The important point of understanding these limits is to have the ability to take full advantage of them. If you only contribute 1% of your pay to … Continue reading →