By Kenneth H. Bridges, CPA, PFS
Let’s assume you have a tract of land which could potentially be developed into a residential subdivision, but you don’t want to ever see …
Read MoreArchive for ‘Personal Taxation’
By Kenneth H. Bridges, CPA, PFS
Thinking about selling your company?
How you structure the transaction could have a significant impact on the after-tax amount you realize
Asset sale or …
By Kenneth H. Bridges, CPA, PFS
As mentioned earlier in this newsletter, one of the hot-button issues today is the alternative minimum tax (“AMT”). The alternative minimum tax is a …
Read MoreBy Kenneth H. Bridges, CPA, PFS
With the corporate accounting scandals of the past few years and the bursting of the stock market bubble in 2000, stock options have lost …
Read MoreBy Kenneth H. Bridges, CPA, PFS
Real estate has always received very favorable treatment under our tax laws. For your residence, you get to take deductions for the interest and …
Read MoreBy Kenneth H. Bridges, CPA, PFS
Late November through year end is the time for year-end tax planning. While every client’s situation is …
Read MoreBy Kenneth H. Bridges, CPA, PFS
Many of our clients are quite philanthropic. Fortunately, the tax law greatly rewards philanthropy. Here is a brief synopsis of the general rules and suggested …
Read MoreBy Kenneth H. Bridges, CPA, PFS
Prior to 2010, the ability to convert a traditional IRA to a Roth IRA was limited to those with income below $100,000. Effective January 1, …
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