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Click on the following link to download the 2008 HTB Tax Planning Guide.

2008 Tax Planning Guide »

Dear Client:

To help jumpstart the economy, Congress recently passed the Economic Stimulus Act of 2008.  It is designed to inject $152 billion into the U.S. economy.  More than 100 million Americans will receive rebate checks this year, along with child payments for qualifying children.  Businesses can take advantage of two tax breaks: enhanced Code Sec. 179 expensing and bonus depreciation. Read more»

Dear Client:

Tax planning for year end 2007 presents new opportunities and new challenges for small business taxpayers to reduce or defer federal income tax liability. While traditional planning techniques remain fundamentally important considerations this year, new opportunities born from recent legislation and changes in the tax laws provide for significant savings or deferral of taxes in 2007. This letter discusses important year end tax planning strategies - from the tried and true techniques to new opportunities that can help to reduce the tax burden for your small business. Read more»

Dear Client:

With the year drawing to a close, now is an ideal time to review your tax situation and evaluate strategies that may help minimize your tax bill.  As is the case year after year, favorable changes to the tax laws over this past year are also accompanied by unfavorable modifications. Add to this reality the unusual number of tax incentives that are scheduled to expire at the end of this year, and the need for year end tax planning becomes even more urgent for many taxpayers as we head toward the end of 2007. Read more»

On May 25^th, the President signed the Small Business and Work Opportunity Tax Act of 2007 (SBWOTA). Passed in conjunction with legislation to continue funding the war in Iraq and to raise the minimum wage, the tax-related provisions are designed in part to provide benefits to small businesses likely to be hit hard by the $2.10 per hour increase in the minimum wage. Read more»