Printer Friendly
The Free Library
14,529,145 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Tax season resources now available--tax saving tips for 2006.


Members now have access to a brochure, speech and PowerPoint presentation geared toward assisting clients with preparing for the 2006 tax season. You can use these resources, available from the CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  Marketing Tool Kit, to promote your practice and/or services and increase your visibility in the community.

Topics covered in the 2006 tax resources include:

* Filing Basics: filing status, exemptions and common deductions

* Tax Breaks for Homeowners: interest and property taxes and capital gains

* Retirement Savings Tax Breaks: IRAs and 401 (k)s

* Child and Education-Related Tax Breaks: child tax credit, dependent care credit, education tax credits and 529 plans

* Tax Considerations for Investors: long-term capital gains Long-term capital gain

A profit on the sale of a security or mutual fund share that has been held for more than one year.
 and dividends, offsetting capital gains with losses and new "kiddie tax Kiddie Tax

A tax on children under 14 who earn income over $1,200. The extra income is taxed at the guardian's rate.

Notes:
Since children under 14 can not legally work, this income usually results from dividends or interest from bonds.
" rules

* Other New Provisions for 2006: energy tax breaks, new rules for charitable contributions charitable contribution n. in taxation, a contribution to an organization which is officially created for charitable, religious, educational, scientific, artistic, literary, or other good works.  and AMT See vPro.  exemptions

The Tar tar: see tar and pitch.


(Tape ARchive) A Unix utility that is used to archive files by combining several files into one. It is often used in conjunction with the "compress" or "gzip" commands to compress the data.
 Saving "Tips for 2006 brochure is available in black and white, two-color and four-color, as well as in both high and low resolutions.

Instructions for printing the brochure and suggestions on how to use it are also included in the tool kit. Additionally, space is provided on the back panel for members to imprint their firm names, logo and contact information. You may want to distribute the brochure to the audience as a handout when making presentations or use it in client mailings.

In addition to the brochure, a timely speech and PowerPoint presentation address specific tax law changes and provisions to help clients minimize their taxes. When printing the PowerPoint, select your printing option as "color" in the print dialog box A movable window that is displayed on screen in response to the user selecting a menu option. It provides the current status and available options for a particular feature in the program. , even if you are printing to a black and white printer.

Note that legislation to extend several major tax provisions passed too late to be included in the IRS's 2006 tax forms (visit www.irs.gov for Publication 553).

To access these resources, visit:

[email] www.aicpa.org/cpamarketing
COPYRIGHT 2007 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:news update
Publication:CPA Letter
Date:Jan 1, 2007
Words:309
Previous Article:Happenings at Board of Directors' December meeting.(news update)
Next Article:AICPA annual report for 2005-2006 posted to Web site.
Topics:



Related Articles
Tax Season look it: It's nearly that time of year again. (Tips & Resources).
Special feature: making your AICPA membership work for you.(disciplinary actions)
Serving members' interests: an update on AICPA initiatives.
2006 corporate tax returns videocourse.(CPE news)
2006 individual tax returns videocourse.(CPE news)
AICPA's complete tax update for individuals and sole proprietors, 2006-2007 edition.(CPE news)
Tax season: everything you need to navigate through the busy season.(TOOLKIT)
To Roth or not to Roth: more choice - and individual responsibility - in retirement investing means workers need to consider their options carefully.
IRS officials review changes, helpful hints for 2007 filing season; AICPA produces tax season materials.
Tax resources now available--Tax Saving Tips for 2005.(news update)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles