2004 Year End Tax Guide & 2005 Tax Planning Strategies

Download the complete 2004-05 Tax Planning Guide

Kreischer Miller fills the gap between an entrepreneur's needs and resources by providing an independent, objective source of sophisticated financial and business management knowledge, as well as a highly developed expertise in the traditional disciplines of taxation, accounting and auditing, and technology. Our objective is to assist clients in maximizing their financial prosperity, in order that cost of services is perceived as an investment rather than an overhead.

We are pleased to provide this edition of the 2004-05 Tax Planning Guide. This guide explains how to both take advantage of changes in tax law and use proven strategies to minimize taxes on your personal and business income. It will give you many tax-smart ideas about investing, education funding, estate planning and saving for retirement. It will also show how to use special depreciation allowances, write-offs and business tax credits to increase your company's profitability.

The guide's format is designed to help you see easily how the new tax laws affect you and identify those strategies that can most benefit you. Note the charts summarizing various tax rates and limits, and be sure to consult the At-a-Glance Tax Strategizer for quick reference to key tax-saving ideas.

Despite recent tax cuts, reducing your tax liability still requires vigilant planning and timely action. And, as the economy, tax law and your finances become more complex, it becomes more important to get expert guidance in taking steps to minimize your taxes. Our tax professionals would welcome the opportunity to answer any questions you have about the tax law changes, the strategies presented or other tax issues. Please call us at 215-441-4600 to discuss how you can use these and other strategies to reduce your tax liability.

We look forward to helping you take advantage of all the deduction, credits and exemptions you're entitled to and keep more of your money where it belongs — in your hands, not those of the IRS.

Download the complete 2004-05 Tax Planning Guide