AKMCPA Tax Guides

AKM 2021-2022 Tax Guide Now Available

Posted January 6, 2022 by AKMCPA Team

Making Sense of a Shifting Environment This year’s tax guide takes a careful look at a myriad of elements that can impact your tax liability, both for tax years 2021 and 2022 and in subsequent years.  A key theme is … Continue reading →

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AKM 2020-2021 Tax Guide Now Available

Posted January 11, 2021 by AKMCPA Team

Maintaining Financial Health in Unhealthy Times This year’s tax guide provides a wealth of information regarding tax planning and strategies for the highly uncertain times we are facing.  Each section assesses the overall landscape and provides helpful tips and considerations.  … Continue reading →

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AKM 2019-2020 Tax Guide Now Available

Posted January 4, 2020 by AKMCPA Team

Planning is Still Essential Many taxpayers are still coping with the sweeping changes implemented with the “Tax Cuts and Jobs Act of 2017” or TCJA.  Especially in areas with higher state and local taxes – such as the Northeast – … Continue reading →

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AKM 2018-2019 Tax Guide Now Available

Posted January 3, 2019 by AKMCPA Team

Plan today for a brighter tomorrow The impact of last year’s significant overhaul of the tax code (the “Tax Cuts and Jobs Act of 2017” or TCJA) continues to unfold in various ways.  AKM’s 2018-2019 tax guide, prepared by a … Continue reading →

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AKM 2017-2018 Tax Planning Guide

Posted January 29, 2018 by AKMCPA Team

Tax Planning in the Midst of Uncertainty AKM Tax Guide 2017-2018 [pdf] Overview of Changes Contained in the New Tax Law [pdf] We always urge clients to consider tax planning an ongoing activity.  Given recent significant changes in the law, … Continue reading →

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AKM 2016-2017 Tax Planning Guide

Posted October 18, 2016 by AKMCPA Team

Planning for sustained prosperity. Click here to download AKM Tax Guide 2016-2017 [pdf] A number of tax breaks were finally made permanent in 2015, making tax planning easier in 2016 than in recent years.  However, some popular breaks were extended … Continue reading →

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AKM 2015-2016 Tax Planning Guide

Posted December 3, 2015 by AKMCPA Team

With an uncertain playing field, nimbleness is critical. Click here to download AKM Tax Guide 2015-2016 [pdf] We’ve been here before.  Tax “extenders” – various deductions and credits, typically affecting higher net worth individuals and business owners – are again … Continue reading →

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AKM 2014-2015 Tax Planning Guide

Posted November 15, 2014 by AKMCPA Team

At the beginning of 2013, many tax rates and breaks were made permanent. The increased certainty brought by these tax law changes has in some ways made tax planning in 2014 a little easier.

But the changes also brought tax hikes to higher-income taxpayers — including the return of the 39.6% income tax rate and 20% long-term capital gains rate. In addition, some new and expanded taxes under the Affordable Care Act (ACA) now affect higher-income taxpayers: the 3.8% net investment income tax and the 0.9% additional Medicare tax.
Continue reading →

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AKM 2013 Tax Planning Guide

Posted December 14, 2013 by AKMCPA Team

Tax planning last year involved preparing for significant tax increases scheduled for 2013, though there was uncertainty about whether those increases would be allowed to go into effect. On Jan. 1, 2013, Congress passed the American Taxpayer Relief Act of 2012 (ATRA), which prevented income tax rate increases for most taxpayers. Continue reading →

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AKM 2011-2012 Tax Planning Guide

Posted February 15, 2012 by AKMCPA Team

Mixed news for higher income taxpayers – The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 kept ordinary-income and long-term capital gains rates from increasing this year and established “patches” for the AMT that may help reduce or eliminate your 2011 AMT liability. The act also offers some enhanced estate planning opportunities. And it extends and expands a number of other tax breaks. That’s the good news.

But many provisions of the law — including the extensions of the lower income and capital gains tax rates — are set to expire at the end of 2012 unless Congress extends them again. In light of this uncertainty, minimizing your taxes over the next few years will require especially careful planning and timely action, as well as a thorough understanding of various tax-saving strategies. Continue reading →

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