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't shoot the messenger here, but you'll have to ask them if they can give you a check with a 2014 date
Hmmm...I've asked that but the policy is to date it for when the check is written. Do I have any other alternatives to reduce my liability?
IRS applies somthing call the "Doctrine of Constructive Receipt," which is used to keep people from doing exactly that (deferring a year-end check into the next year)
Here's a good article on that piece: http://biztaxlaw.about.com/od/glossaryc/g/constructivercv.htm NOw, other options? ...
Is the article about individual income tax or business?
If your 401K plan allows it MOST DO, you can ask that a large portion of the money go into your 401(k) plan (or at least be certain to credit as much as a percentage as you usually do)... this is money that will come right off the top for tax purposes, BU IT'S STILL YOURS!at least be certain
On your previous questions, both really, but she explains the concept well...you can even be considered to have the money if it doen't actually arrive before the end of the year
OK. I think that makes it pretty clear. Thank you! I won't shoot the messenger!
There is NO special technique regarding severance pay or A big year end bonus OTHER THAN doing all the things you possibly can on your tax for that years to take every deduction possible
FIle jointly, get all of your exemptions, if you itemize don't forget anything .. her e's a pretty exaustive list
That's excellent. Thank you!