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Tax Tip
 How Can I Reduce My Taxes for 2011?- Make Charitable Contributions - If you itemize your deductions, you still have time to make charitable contributions by December 31st. Make sure you get a receipt!
- Install Energy-Efficient Home Improvements - If you have not already received the maximum credits for the energy-efficient home improvements, then you can still take advantage of these credits by installing new installation, windows or water heaters that qualify for the credit. You can also make certain improvements in solar, wind, geothermal or heat pump property.
- Consider A Portfolio Adjustment - Check your investments to see if sales could benefit you before the end of the year.
- Contribute the Maximum to Retirement Accounts - Elective deferrals must be made by December 31st but you have until April 17th, 2012 to set up a new IRA or add money to an existing IRA and still have it count for 2011.
- Make a Qualified Charitable Distribution - If you are age 70.5 or over, the qualified charitable distribution (QCD) allows you to make a distribution paid directly from your IRA to a qualified charity and exclude the amount from gross income.
- Don't Overlook the Small Business Health Care Tax Credit
- See IRS Tax Tip 2011-09 for more information.
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April's Blog
 Have you been checking my blog for news, tax information, and other interesting articles? I don't write very much, but keep an eye on the page because when I do have something to say, it's definitely worth a read! Read now...
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IRS Headlines
 What's going on with the IRS as we come to the end of 2011? Well the IRS announced on December 21st that it has released a new tax guide to help people save on their 2011 taxes. And on December 23rd, it was announced that the payroll tax cut has been temporarily extended into 2012. Read more at irs.gov.
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