Tax Attic

Useful tax tips and information from Jerry Coon of Action Tax Service.

THE TAX ATTIC with Jerry Coon — November 18, 2008

November 18, 2010 // 0 Comments

Interesting time for taxes Now that we know the make-up of the House and Senate in Washington, we can make some educated guesses as to what is going to happen to our tax system in 2011. We will find out if the politicians really do listen to the voters. Based on their hearing capacity, the conclusions reached by each person may be drastically different. Jerry Coon Health [...]

The Tax Attic with Jerry Coon — November 11, 2010

November 12, 2010 // 0 Comments

What is Michigan’s future tax situation? The ringing of the telephone interrupted my concentration Tuesday night. I was listening to the national election news and also reading a book. Nowadays, that’s spreading my thought processes about as thin as I can get away with. The caller was Rockford City Manager Michael Young. Was it going to be good news or bad news? [...]

The Tax Attic with Jerry Coon — November 4, 2010

November 5, 2010 // 0 Comments

Health care provisions reviewed The two national health care bills—the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act, as signed into law by President Obama last March—sure have been widely discussed in the election battle that ended this Tuesday. The point of both of these laws, in the end, is to require all Americans [...]

The Tax Attic with Jerry Coon — October 28, 2010

October 28, 2010 // 0 Comments

Some tax cuts not well known Next week’s election is one of the more important elections that we have had recently. I won’t over-dramatize the situation, but this election may mean much to you and me in a variety of matters. Jerry Coon Since I’m a tax person, I will concentrate on just the potential tax consequences of the election. I say “potential” because no [...]

The Tax Attic with Jerry Coon

October 21, 2010 // 0 Comments

RAL a thing of the past Jerry Coon, Enrolled Agent   Recently, I wrote an article publicizing that the Internal Revenue Service, starting next January, is not going to provide something called the “debt indicator” to tax preparers and financial institutions. This is a big thing because the “debt indicator” is the one item that tax preparers and financial [...]
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