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You may have already gotten your Christmas present of a tax forms package from the IRS. Even though the 1040 isn't due until April, the time to start getting ready for it is now. Find a nice safe place to put all the 1099s that will be rolling in, along with your K-1s, W-2s and 1098s, and then read Robert D Flach's advice on how to get ready to prepare your return, or to visit your preparer.
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The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not necessarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to