The Ernst & Young Tax Saver's Guide 2003

by Ernst & Young LLP; Margaret Milner Richardson; Editor: Peter W. Bernstein

• ISBN13: 9780471227069
• ISBN10: 0471227064
• Format: Paperback
• Copyright: 2003-01-01
• Publisher: Wiley

Summary

Tips and strategies on how to use the new tax law to lower your taxes The Economic Growth and Tax Relief Reconciliation Act of 2001 has affected all taxpayers-and promises to do so for the next decade. Do you know how you're going to benefit from the new tax legislation? When you need up-to-the-minute answers to your tax-planning questions, turn to the most reliable and authoritative source: Ernst & Young. From the authors who brought you The Ernst & Young Tax Guide-The Ernst & Young Tax Saver's Guide 2003 offers unparalleled advice and techniques that will help you lower your taxes. Packed with hundreds of unique, money-saving tips, The Ernst & Young Tax Saver's Guide 2003 gives you the lowdown on the new tax law and the best year-round strategies to save more money on your taxes. * "Changes in the Law You Should Know About" covers the Economic Growth and Tax Relief Reconciliation Act of 2001, as well as phase-in laws that may affect future tax years * "Tax Savers," "Tax Alerts," and "Tax Organizers" offer helpful tips and reminders * A special life-events index helps you minimize taxes associated with marriage, home-buying, retirement, and more * Year round tax-planning strategies and last-minute, year-end, tax-saving ideas help reduce your overall tax bill * A special mutual fund chapter covers when to make new investments, and how to treat distributions, transfers, and redemptions * Charts and tables clarify confusing tax issues Plan now so you don't have to pay later. Put the experience of the nation's leading professional services firm to work for you with The Ernst & Young Tax Saver's Guide 2003.

Author Biography

ERNST & YOUNG LLP is one of the nations leading professional services firms, providing tax, assurance, and advisory business services to thousands of individuals, as well as domestic and global businesses. Visit Ernst & Youngs Web site at wwwley.com.

Table of Contents

How to Use This Book.

Index to Life-Cycle Events.

Changes in the Tax Law You Should Know About.

10 Smart Tax Planning Tips.

PART I-TAX STRATEGIES FOR INDIVIDUALS.

1. What You Have to Include as Income.

Introduction.

Wages, Salaries, and Other Earne