Table of Contents
Acknowledgments
Chapter 1: Tax Insanity
Chapter 2: Is It Legal?
Chapter 3: How Our Tax System Works
Chapter 4: Exclusions—Tax-Free Money
A Alternatives to "Earned Income"
B Donative Items
C Investors
D Benefits for the Elderly
E Miscellaneous Individual Exclusions
F Schedule of Excludable Items
Chapter 5: Credits—Dollar-for-Dollar Tax Reductions
A Estimated Tax and Withholding Exemptions
B Credits
C Special Credits
Chapter 6: "Above the Line" Deductions
A Deductions for Adjusted Gross Income
Chapter 7: "Below the Line" Deductions
A The Importance of Filing Status
B Tax Planning with Itemized Deductions
C Schedules of Deductions
Chapter 8: Traditional Tax Shelters
A Deferral and Leverage
B How to Analyze a Tax Shelter
Chapter 9: Super Tax Shelters
A Family Shifts
B Running Your Own Business
Chapter 10: Investment Planning to Save Taxes
Chapter 11: Last-Minute Tax Planning
Chapter 12: The Economic Growth and Tax Relief Reconciliation Act of 2001
A Individual Income Tax Rate Structure
B Phase-out of Restrictions on Personal Exemptions
C Phase-out of Itemized Deductions
A Increase and Expand the Child Tax Credit
B Extension and Expansion of Adoption Tax Benefits
C Child Care Credit
A Standard Deduction Marriage Penalty Relief
B Expansion of the 15 Percent Rate Bracket for Married Couples Filing Joint Returns
C Marriage Penalty Relief and Simplification Relating to the Earned Income Credit
A Modifications to Education IRAs
B Private Prepaid Tuition Programs: Exclusion from Gross Income of Education Distributions from Qualified Tuition Programs
C Exclusion for Employer-Provided Educational Assistance
D Modifications to Student Loan Interest Deduction
E Eliminate Tax on Awards Under the National Health Service Corps Scholarship Program and the F. Edward Herbert Armed Forces Health Possessions Scholarship and Financial Assistance Program
F Deduction for Qualified Higher Education Expenses
A Phase-out and Repeal of Estate and Generation-Skipping Transfer Taxes; Increase in Gift Tax Unified Credit Effective Exemption
B Expand Estate Tax Rule for Conservation Easements
C Modify Generations-Skipping Transfer Tax Rules
D Availability of Installment Payment Relief
Chapter 13: The Job Creation and Worker Assistance Act of 2002
Chapter 14: The Tax Relief Reconciliation Act of 2003
A Rate Reductions
B The Marriage Penalty
C The Alternative Minimum Tax
D Child Tax Credit
E Dividends/Capital Gains
F Deduct Your SUV—Election to Expense
Chapter 15: Income Averaging and Hurricane Tax Breaks
Chapter 16: 2006 Tax Reform
A The Tax Increase Prevention and Reconciliation Act of 2005
B The Pension Protection Act of 2006
C Tax Relief and Health Care Act of 2006
Chapter 17: Tax Reform, 2007-2008
A The Mortgage Forgiveness Debt Relief Act of 2007
B The New Debt Relief Act
C The Economic Stimulus Act of 2008
D The Heroes Earnings Assistance and Relief Act of 2008
E The Housing and Economic Recovery Act of 2008
Chapter 18: 2009 Tax Changes
Chapter 19: More Tax Changes
A The Hiring Incentives to Restore Employment (HIRE) Act of 2010
B The Patient Protection and Affordable Care Act
C Small Business Jobs Act of 2010
D The Tax Relief, Unemployment, Insurance Reauthorization, and Job Creation Act of 2010
E American Tax Relief Act of 2012
F Tax Increase Prevention Act of 2014
G The ABLE Act
H More Changes
Chapter 20: How to Avoid/Survive and IRS Audit
Appendix A: Cost Recovery/Depreciation
Appendix B: Business Use of "Listed Property"
Appendix C: Auto Leases
Index
Chapter 6: "Above the Line" Deductions
A Deductions for Adjusted Gross Income
