Tuesday, October 16, 2012

Tax Strategy: Income Acceleration Techniques

ABA Tax Accounting | Tax Services | St. Paul, MN Accounting Firm

Income acceleration techniques for 2012 year-end planning  - The acceleration of income for tax purposes has not traditionally been a top-shelf strategy because of the simple fact that the delay of taxable income means the postponement of tax into a subsequent year, which is usually a good thing based upon time-value-of-money principles. The same reasoning applies to postponing deductions. Read the Full Story at Accounting Today (10/01). Considering a Tax Professional? For no obligation free consultation contact us today!
Amare Berhie, Senior Tax Accountant
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