2011 Tax Returns

THE TAX ATTIC with Jerry Coon—April 28, 2011

April 28, 2011 // 0 Comments

Start thinking about your 2011 tax return I started reading Rob Bell’s new book, “Love Wins,” over the weekend. It’s a very interesting book. Bell has some interesting thoughts on heaven and hell. I’m sure there will be many rebuttals, because he sure has gotten a lot of people thinking about how God interacts with each of us at the end of this short life. That seems to be particularly important in light of the Easter holiday that we just celebrated. Jesus died on Good Friday and then arose on Easter expressly for the forgiveness of each of our sins. Traditional Christian teaching says our sins will be forgiven only if we ask for that forgiveness and believe they are forgiven through Jesus’ death and resurrection and that’s how we end up going to heaven. No ask, no believe, no heaven. It is a very straightforward teaching. Hell is the alternative, and it’s either heaven or hell forever based on whether we ask for forgiveness in this short lifetime. I wouldn’t say Rob Bell questions that teaching in its entirety but he certainly does bring up some interesting points about God’s love for all people. A point he makes, and I’m roughly paraphrasing here, is that God does love all people and does want all of them to spend forever in heaven with Him. Since all things are possible for God, does He find a way for them to ask and believe that is beyond our ability to understand and perhaps even beyond the grave? Hmm. Now that’s a real question to ponder, isn’t it? No ask, no believe, no heaven is tough. I don’t think Rob Bell has an answer to that question any more than I do, but it is definitely something to think and talk about. Taxes are another topic that we should be thinking and talking about all year long. Right now is the perfect time to think about the 2011 tax return while the 2010 tax return is still fresh in your mind. What are the tax breaks that will affect, either positively or negatively, your 2011 tax return? What are the income events that will affect the 2011 tax return? Will some property be sold that creates some capital […]