Collins & Company's Tax Planning Documents:

·         Collins' 2007 Year-End Letter and Planning Checklist

·         2007 Personal Tax & Financial Planning Guide: This is a comprehensive tax planning guide that covers 2007 tax law changes, year-end planning opportunities, 2007 and 2008 tax rates, etc. 

·         2007 Year-End Planning for Individuals: This newsletter reviews the traditional year-end strategies such as income shifting, deduction bunching, portfolio timing and maximizing retirement plan contributions.

·         2007 Year-End Planning for Small Businesses: This newsletter provides an update on equipment expensing, the manufacturing deduction, compensation and bonuses, extended incentives and expiring tax breaks.

·         How to Prepare for Your Accountant: Please review this before sending your tax information to us.

·         2007 Client Tax Questionnaire: This questionnaire is designed to jog your memory about items people frequently forget.  Please notate the items that pertain to you and return the questionnaire to us with the rest of your tax information.

·         2007 Tax Information Organizer (.xls format): Some of our clients find this 5 page organizer helpful in assembling their year-end tax information.  We will still need your original tax documents to prepare your returns.  Completion is optional.  Also available in .pdf format.

·         2007 "Kiddie Tax" Update

·         2007 Educational Expenses  

·         2007 Donations of Vehicles to Charity

·         2007 IRA Contributions

·         2007 IRA Minimum Required Distributions  

·        2007 Automobile Deduction

·        Pension Protection Act of 2006 - Summary

·        Pension Protection Act of 2006 – Charitable Deductions

·         Pension Protection Act of 2006 – Tax Free IRA Distributions to Charity

·        Pension Protection Act of 2006 – 529 Plans

·         Energy Policy Act of 2005 Summary for Individuals and Businesses

·         Recordkeeping Requirements for Individuals

·         S Corporations vs. LLCs: This worksheet explores the relative tax advantages and disadvantages of S-Corporations and LLCs.

·         2006-2007 Payroll Letter

To view the above documents on your computer, you need to have an installed copy of Adobe Acrobat Reader, version 4.0 or higher.  If you do not have this software, you may download it for free at www.adobe.com.

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