Let’s Look at some Tax Planning

Let’s Look at some Tax Planning

by Kristin P. Sinclair, A Accu Tax on September 26, 2018

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Let’s Look at Some tax planning. 2018 and 2019 are fast approaching.

For Mustang Sallie, 2018 is the year Mustang Sallie needs to purchase a new car. She researches 2019 models in Sept and finds a perfect new model that pleases her, and that provides the reliable transportation she needs in a vehicle at a premium that is realistic for her to purchase. With a warranty She feels will be great for peace of mind.

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© All Rights Reserved - Sinclair Financial Solutions • Updated May 28, 2019 • Privacy Notice * The IRS describes taxable compensation in general terms as what you earn from working. This specifically includes wages, salaries, tips, professional fees, bonuses, and other amounts you receive for personal services rendered. The IRS considers as taxable compensation all amounts properly shown on your W-2 in Box 1, provided that amount is not reduced by any amount entered in Box 11. For IRA purposes, scholarship and fellowship payments are taxable compensation only if shown on Form W-2 in Box 1. Consult your tax advisor and/or www.IRS.gov for more information. Updated by Kristin P. Sinclair May 28, 2019 from Rock Hill SC. Kristin P. Sinclair is insurance licensed in NC and SC (NIPR NPN#5550263). Kristin P. Sinclair, RTRP AFSP 1040 Series Tax Returns and Additional Schedules.

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