INSIDE THIS ISSUE:
- RJICPA Update
- Important Dates - Mark Your Calendar
- Keep Your Financial Resolutions This Year
- Sure-Fire Steps to Achieve Your Financial Goals
- Tax-Deductible Donations: What You Need to Know
- Tax-Smart Retirement Planning
1. RJICPA UPDATE
Did you buy diamond jewelry between January 1, 1994 and March 31, 2006? You could be due a refund! Go to the site below to find out how much and to file a claim on-line.
http://articles.moneycentral.msn.com/SmartSpending/ConsumerActionGuide/BuyADiamondGetARefund.aspx
2. IMPORTANT DATES - MARK YOUR CALENDAR
Its tax time again! State and federal tax returns are due April 15th, 2008. Please make an appointment as soon as you have all your necessary documents. To make an appointment by email, send your preferred day, date and time to bob@rjicpa.com. We will make every effort to accommodate you. A confirmation reply or alternate appointment suggestion will be sent back to the email address from which you sent your request. Of course we can still be reached at 973-335-7554 to make an appointment by phone.
3. KEEP YOUR FINANCIAL RESOLUTIONS THIS YEAR
Paying off debt and saving money are among the most popular New Year's resolutions. Here are some helpful tips for those who want to meet to meet their financial objectives in the coming months.
http://moneymattersnj.com/story.cfm?SID=13023
4. SURE-FIRE STEPS TO ACHIEVE YOUR FINANCIAL GOALS
What are your financial aspirations for the coming year? Would you like to pay off some high-interest debt? Step up your retirement savings? Set aside enough for an exciting vacation? Here are several steps you can take to turn your financial dreams into realistic goals.
http://moneymattersnj.com/story.cfm?SID=13024
5. TAX-DEDUCTIBLE DONATIONS: WHAT YOU NEED TO KNOW
Americans donated an estimated $295 billion to different charities in 2006, a new record, according to "Giving USA 2007," a report from the Giving USA Foundation. Our generosity allows us to make a difference for a wide range of worthy causes. There's a reward for this generosity, too, because it also qualifies you to take tax deductions for your donations. However, recent changes in the tax law have made a difference on which deductions you are allowed to claim.
http://moneymattersnj.com/story.cfm?SID=13025
6. TAX-SMART RETIREMENT PLANNING
In the past, companies supplied retirement funds for their employees through defined-benefit pension plans that paid a set amount to retirees. Today, those plans are rare, and employers are increasingly shifting the responsibility for retirement savings to the employee. That means that workers must take an active role in planning - and saving - for their retirement. The good news is that there are many tax-advantaged options that can enhance the growth and earnings power of your retirement nest egg.
