Tweet Woof Woof. Tyson here. Here are my people, Ron and Beth. I love it when they laugh! On a recent Friday afternoon there was lots of laughing at the office. Ron got something off the fax machine and he started laughing to himself and then Beth came out because she wanted to laugh, too. [...]
Tweet Bring on the Nutcrackers! A fierce protector, the nutcracker bares its teeth to the evil spirits and serves as the traditional messenger of good luck and goodwill. We could all use a little good luck and good will, couldn’t we? According to German folklore, wooden nutcrackers were given as keepsakes to bring good luck [...]
Tweet The Internal Revenue Service issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: • 55.5 cents [...]
Tweet This provision, currently scheduled to expire at the end of 2011, offers older owners of individual retirement accounts (IRAs) a different way to give to charity. An IRA owner, age 70½ or over, can directly transfer tax-free up to $100,000 per year to an eligible charity. This option, created in 2006, is available for [...]
Tweet We are smack-dab in the middle of the holiday gift-buying season It would seem that giving and receiving an abundance of material possessions is the answer to the angst we have all come to know and dread during everyday struggles with a difficult economy. That is the frenetic drumbeat we hear from the back-to-back, [...]
Tweet Important reminders: Only taxpayers who itemize their deductions can claim charitable contribution write-offs. Contributions are deductible in the year made. Yes, it counts for 2011, if you make a donation by charging it to a credit card before year end. Yes, this is true even if the credit card bill isn’t paid [...]
Tweet December 11th is International Mountain Day. Snowcapped mountain peaks are more than just picture perfect. They are an important part of every healthy ecosystem. How much do you know about the world’s tallest places? The tallest mountain, measured from the sea floor, is Mauna Kea in Hawaii at over 33,000 feet tall, significantly taller [...]
Tweet R…i…n…g! R…i…n…g! Sometimes it’s better to give and to receive When it comes to charitable giving, we at EA Schensky agree with the updated saying that it is better to give AND to receive. There is still a little time for you to benefit tax-wise through the Michigan Homeless Tax Credit when making contributions. [...]
Tweet When you get into a tight place and everything goes against you, till it seems as though you could not hang on a minute longer, never give up then, for that is just the place and time that the tide will turn. –Harriet Beecher Stowe Don’t we all identify with the Harriet Beecher Stowe [...]