Robert E. Kittrell, C.P.A., P.C.
 

Tax Tips

We here at Robert E. Kittrell, C.P.A., P.C. feel that an informed client is our best customer. We know that there is a lot of information on the Internet and it can be tough to determine what is valuable. That is why we have selected the following article(s) for you to view.

 
Deciding When to Start Receiving Social Security Benefits
If retirement is on your radar screen, you may need to consider whether to begin taking reduced Social Security benefits (as early as age 62) or wait until your full retirement age. For some, this decision hinges on nonfinancial factors-the enjoyment they receive from working, for instance. For others, it is strictly a matter of dollars and cents.
 
New Kiddie Tax Rules
Special kiddie tax rules apply to children under age 18 who have unearned income of more than $1,700 in 2007. Unearned income generally includes all income except wages, salaries, and self-employed earnings (i.e., dividends and interest).
 
New Tax Law Benefits Small Business Owners
Congress recently passed and the President has signed yet another new tax law. This latest effort is called the Small Business and Work Opportunity Tax Act of 2007 (the Act).