Marginal Tax Rates
Knowing your marginal rate is important, because any increase or decrease in your taxable income will affect your tax at the marginal rate.
Avoiding Underpayment Penalties
Learn how safe harbor prepayments can avoid penalties while letting you put off paying taxes until April 15th.
Transform Nondeductible Interest to Deductible Interest
For individuals, the itemized deduction for interest is generally limited to home mortgage and investment interest. However, there are steps that can be taken to convert nondeductible interest into deductible interest.
Years of Inflation and the AMT Pose a Growing Tax Threat
The Alternative Minimum tax was originally designed to tax higher income taxpayers that were sheltering their income and avoiding taxation. Years of inflation now threaten more taxpayers with this minimum tax.