The Price Waterhouse Personal Tax Adviser 1994-1995 - Softcover

This guide provides up-to-date personal tax information. In easy-to-use format, it incorporates the 1993 Tax Act signed into law in August 1994 by President Clinton. Valuable advice and proven strategies for individuals are presented in simple English. Specific topics include such standards as interest payments, medical and dental expenses, miscellaneous deductions, business expenses (including meals, travel, and entertainment), selling a home, depreciation, stock options, retirement plans, children's tax liability, financing a child's education, withholding and estimated taxes, IRS audits, rules, and penalties, employing household help, time extensions, and getting ready for tax preparers. They also encompass tax-wise advice on maximizing exemptions and deductions, making the most of capital gains, writing off charitable contributions and business expenses, and planning for future years' taxes. A glossary provides clear explanations of key terminology, four brief appendixes supply supportive information, and an index expedites the locating of information. This 1994-95 edition is especially timely, since the new 1993 Tax Act regulations are the most significant changes to the tax law since the Tax Reform Act of 1986. Recommended for individuals who prepare their own income taxes and for those who want to check that their tax preparers are doing things right. Joseph Leonard