Foote and Lloyd, C.P.A.s

Business Owner   Articles     Benefits and retirement plans       Benefit plans for small businesses       Disability income insurance for the self-employed       Group health insurance: a valued employee benefit       Health insurance for the self-employed       Life insurance for the self-employed       Retirement plans for small businesses       Understanding individual 401(k) plans       What employers need to know about workers' compensation insurance     Starting a business       Advantages and disadvantages of self-employment       Funding a business       Record keeping for your own business       Starting or buying a business       Tax planning for the self-employed   FAQs     Home-based businesses       Can I deduct home office expenses?     Incorporating a business       Can I change my business from a C corporation to an S corporation?       Can I change my business from an S corporation to a C corporation?       Should I incorporate my business?     Partnerships       How does a limited partnership work?   Tax Planning   Articles     General tax planning       Help! I can't pay my tax bill       Tax benefits of home ownership       Tax planning for income       Tax planning for the self-employed       Taxation of investments       Year-end tax planning   Decision Tools     General tax planning       Federal individual income tax fundamentals     Tax credits and deductions       Comparison of education tax credits and deductions       General business tax credits       Is my home mortgage interest fully deductible?       Tax credit sampler   FAQs     General tax planning       Am I having enough tax withheld from my paycheck?       Are my Social Security benefits subject to income tax?       Are scholarships and grants subject to federal income tax?       Do I have to file a federal income tax return?       How did the Jobs and Growth Tax Relief Reconciliation Act of 2003 change capital gains tax rates?       I don't have the cash to pay my taxes. What can I do?       I received a state tax refund last year. Must I include that amount as income on my federal return this year?       My spouse passed away this year. When I file my taxes, what filing status should I claim?       What is my tax bracket?       What is the alternative minimum tax?       What penalties and interest will I be charged for paying and filing my federal income taxes late?       Will I have to pay tax on my investment income?     Tax credits       Can I take the credit for the elderly or disabled?       Can I take the tax credit for child care?       Now that my child is in college, am I entitled to any education tax credits?       What are the Hope credit and the Lifetime Learning credit?       What is the child tax credit?       What is the earned income credit and who qualifies for it?     Tax deductions       Can I deduct home office expenses?       Can I deduct premiums paid for long-term care (LTC) insurance?       Can I deduct the cost of improvements or repairs I've made to my home?       I paid my mother's real estate taxes last year. Can I deduct this on my tax return?       I refinanced my principal home last year and paid points. What are points, and can I deduct them on my tax return?       If I prepay next year's taxes this year, can I deduct them this year?       If I work at home occasionally, am I entitled to a home office deduction?       Is student loan interest deductible?       My spouse and I are filing separate returns. Can we both itemize our deductions? If so, how do we split the deductions?       We just bought our first home. What can we deduct from the settlement statement?     Taxes and child support/alimony       Are alimony payments considered taxable income?       What are the tax implications of child support payments?     Taxes and home ownership       How do I figure the tax on the sale of my home?     Taxes and insurance proceeds       Are life insurance proceeds income taxable?       I receive disability insurance payments. Are they taxable?