Have You Paid Thousands, Even Millions in Unnecessary Income Taxes?
Few are aware of a lawful means to potentially alleviate their tax burden by recognizing and applying "catch-up depreciation" for prior years. This article discusses how you can generate substantial amounts of depreciation without filing amended income tax returns. Read more..

Estate Taxes: Estate Planning Can Minimize Taxes
Estate taxes are often referred to as the death tax. Few Americans are subject to estate taxes due to the exclusion on the first $2,000,000 of an estate value (2006, 2007, and 2008). Taxpayers with estates substantially in excess of this amount should consider planning to minimize estate taxes. For family businesses, it is important to ensure adequate liquidity is available to pay estate taxes (so the business does not have to be sold to pay the taxes). Read more..

Tax Rate Arbitrage - Cost Segregation After
the Sale
Sam sold 2 commercial properties in June 2008 and was discussing tax planning with his CPA and cost segregation provider. The sale prices for the properties were $5.2 million and $3.3 million. He had owned both properties for about 8 years. The cost segregation specialist estimated Sam could save more than $175,000 in 2008 income taxes. This would be accomplished by using cost segregation to identify previously under-reported depreciation. Read more..