Useful tax tips and information from Jerry Coon of Action Tax Service.
Bush Tax Cuts extended two years Jerry Coon One of the reasons I enjoy writing this article for The Rockford Squire is they graciously allow me to write about areas other than income tax. I have taken advantage of that graciousness to write about a variety of subjects such as fishing in Canada, hunting in Marion, attending sprint car races in Iowa, and traveling with [...]
Negotiations to benefit economy Chicago is a great place to spend a weekend. Our daughter, Kim, is working on her master’s degree at DePaul University, so visiting her provides the perfect excuse to go to Chicago and take in some of the sights. Jerry Coon On Friday night, we went to the Christkindlmarkt in downtown Chicago. The Christkindlmarkt is an outdoor bazaar that [...]
Ensure end-of-year deductions will be allowable Jerry Coon As we approach the end of this year, December 31 is the magic date. In order to include most items on this year’s tax return, payment must occur on or before December 31. The definition of “payment,” however, takes on a special meaning on December 31. The general definition today is that when a check is [...]
Out with old, in with new GM Jerry Coon The deer season got monumentally better for me on Saturday, Nov. 20. I was able to forget all about my escapades of the opening two days. My split lip is mostly healed up and my flat tire was an easy, albeit $125, fix. I could afford to move those bad memories to the back of my mind because at about 10:30 a.m. I found myself in a [...]
Be thankful This has not been the greatest of deer seasons. One good thing is that I get to spend some time with two of my Central Michigan University (CMU) roommates, Gary McCrimmon and his brother Grant, along with Gary’s son Jason, Grant’s son Scott, and another long-time friend, Jim Melvin. As far back as the 1970s, Gary, Grant and I have gone fishing and hunting [...]