Kostecke CPA

All posts tagged alternative minimum tax

Are Legal Expenses Deductible?So, are legal expenses tax deductible? If you are going through a lawsuit, a divorce, or a business situation in which you are paying legal fees, you may be able to get a tax benefit. Sometimes you can take a deduction, but when?

Expenses That are Tax Deductible

There are a couple rules of thumb on this.

  1. First, you can deduct legal Read more

Tax planning before filing your 2013 taxesIf you haven’t filed yet, here are four reason for doing some tax planning before filing your 2013 taxes.  For 2013’s taxes, there are new tax brackets, taxes, and phaseout limits that make tax planning even more important, as follows: Read more


Alternative Minimum Tax (AMT)I have been called out more than one time by clients when I start talking about AMT. Most people do not know what AMT is. In my opinion, that’s how it should be. However, this year you might be forced to become acquainted with AMT, so you should understand what it is and how Read more