BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. Annual Financial Education Conference

4. Creating Financial Resolutions for the New Year

5. Podcast: Having a Tax Planning Checklist

6. Five Mistakes People Make in Choosing a Tax Preparer

7. Bank or Credit Union?

8. Tax and Other Financial Considerations After a Natural Disaster

===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE.

Please remember, if you are in need of any financial and/or tax advice during the course of the year, feel free to call to make an appointment.

It is that time a year again…over the next few weeks, you will be receiving a number of tax documents in the mail for you to prepare your tax returns. Other than tax statements from stock and mutual fund companies, all other tax documents must be placed in the mail no later than January 31, 2012. Remember to wait until you have received everything before calling for an appointment. If you are unsure of what you had last year, please feel free to call.

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR

Did you have a “side job” during the course of the year? If so, you might owe taxes come tax season…find out if you need to make an estimated tax payment remember that they are due on January 15th. Also, if you paid someone more than $600 during the course of the year for your business, you will need to send them a 1099-MISC. If you need assistance in preparing this, please feel free to call. These must be sent out prior to January 31, 2012.

Moving from one job to another, do you want to move your 401k but need some advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

===========================================================

3. Annual Financial Education Conference

The annual “Do It Herself: A Journey to Financial Freedom” conference for women is being held on Saturday, January 28, at Caldwell College. Featuring CNBC’s Sharon Epperson, conference topics include Estate Planning, Budgeting, Investing, Understanding Your Credit Score, Tax Tips and more.

http://moneymattersnj.com/resources/event.cfm?eventid=107

============================================================

4. Creating Financial Resolutions for the New Year

With the New Year here, now is the perfect time to make some financial resolutions to help you ring in 2012 with confidence. While increasing savings and decreasing spending are always important goals and a great place to start, don’t feel like you have to stop there.

http://www.moneymattersnj.com/story.cfm?SID=15544

============================================================

5. Podcast: Having a Tax Planning Checklist

How many times have you asked yourself, “Have I got EVERYTHING I need to do my taxes?” This podcast covers all the data you might need and what you should do with it.

http://www.moneymattersnj.com/story.cfm?sid=14577

============================================================

6. Five Mistakes People Make in Choosing a Tax Preparer

It’s important to choose a tax preparer who really knows his or her stuff. Here are common mistakes people make along with some helpful solutions.

http://www.moneymattersnj.com/story.cfm?sid=15541

============================================================

7. Bank or Credit Union?

Before you move your money from one to another, it’s important to understand the differences between banks and credit unions.

http://www.moneymattersnj.com/story.cfm?SID=15543

============================================================

8. Tax and Other Financial Considerations After a Natural Disaster

If you were affected by a natural disaster in 2011, you should be aware of Internal Revenue Service rules on casualty losses, as well as other financial considerations.

http://www.moneymattersnj.com/story.cfm?sid=15542

=============================================================

E-CPA is a monthly email publication provided by

WARHAFTIG & ASSOCIATES, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. 2012 Financial Fitness Calendar Now Available

4. How to Shop Online Safely This Holiday Season

5. Five Questions to Ask Your Favorite Charity

6. Podcast: Avoiding Tax Scams

7. How to Spend Your Money in Retirement

8. Understanding Medicare

===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE.

Please remember, if you are in need of any financial and/or tax advice during the course of the year, feel free to call to make an appointment.

Are you prepared for tax season? Not only should your tax accountant prepare for the season, so should you…

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR

Did you have a “side job” during the course of the year? If so, you might owe taxes come tax season…find out if you need to make an estimated tax payment remember that they are due on January 15th.

Moving from one job to another, do you want to move your 401k but need some advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

===========================================================

3. 2012 Financial Fitness Calendar Now Available

The New Jersey Society of CPAs is offering its 2012 Financial Fitness Calendar. This FREE calendar is an easy-to-follow resource guide, complete with handy tips and tools for improving your financial health. Request your free copy today!

http://www.moneymattersnj.com/resources/calendar.cfm

============================================================

4. How to Shop Online Safely This Holiday Season

The 2011 holiday season is in full swing, and shoppers are making online purchases in record numbers. With credit card numbers flying through cyberspace, follow these tips to protect your security and prevent an online Grinch from ruining your holidays.

http://www.moneymattersnj.com/story.cfm?sid=15535

============================================================

5. Five Questions to Ask Your Favorite Charity

It’s very gratifying to make donations to a worthy charity and know you’re making a difference. But whenever you make a gift, you also want to be sure that your money will be used wisely. Here are some questions to ask before you give.

http://www.moneymattersnj.com/story.cfm?sid=15537

============================================================

6. Podcast: Avoiding Tax Scams

As we approach another income tax filing season, taxpayers are cautioned to watch out for any fraudulent activity that could result in identity theft. Here are some tips on protecting your personal information, avoiding the most common types of tax scams and taking the appropriate steps if you think you’ve fallen victim to any kind of tax fraud.

http://www.moneymattersnj.com/story.cfm?sid=15533

============================================================

7. How to Spend Your Money in Retirement

The good news: We’re living longer. The bad news: We’ll need a way to pay our living expenses for our longer lives. How do you make sure your retirement income lasts as long as you do?

http://www.moneymattersnj.com/story.cfm?SID=15534

============================================================

8. Understanding Medicare

There have been some important changes in laws affecting Medicare during the past year, but some other aspects of the program remain the same. With a new wave of Baby Boomers reaching age 65 each year, here is some information to ensure your coverage and minimize potential added costs.

http://www.moneymattersnj.com/story.cfm?SID=15536

=============================================================

E-CPA is a monthly email publication provided by

WARHAFTIG & ASSOCIATES, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. Tax Planning Steps to Take Now

4. Make Your Credit Card Work for You

5. Podcast: Fraud and the Elderly

6. Five Ways to Teach Kids Important Lessons About Money

7. Writing a Small Business Plan

===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE

Please remember, if you are in need of any financial and/or tax advice during the course of the year, feel free to call to make an appointment.

As the end of the year approaches, tax planning is just as important as filing your taxes.
Call if you need some guidance.

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR

Did you have a “side job” during the course of the year? If so, you might owe taxes come tax season…find out if you need to make an estimated tax payment remember that they are due on January 15th.

Moving from one job to another, do you want to move your 401k but need some advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

===========================================================

3. Tax Planning Steps to Take Now

There are less than two months left in 2011. Have you done everything possible to simplify your tax situation and take advantage of all tax breaks available to you?

http://www.moneymattersnj.com/story.cfm?sid=15525

============================================================

4. Make Your Credit Card Work for You

If you’re like most people, your mailbox is overflowing with credit card offers. Before you shred the next batch, see what the credit card companies are offering these days. You might find a deal that’s better than what you already have.

http://www.moneymattersnj.com/story.cfm?sid=15527

============================================================

5. Podcast: Fraud and the Elderly

Seniors repeatedly fall prey to financial fraud, the fastest growing form of elder abuse. Find out what you can do now to protect yourself or your aging loved ones.

http://www.moneymattersnj.com/story.cfm?sid=15529

============================================================

6. Five Ways to Teach Kids Important Lessons About Money

Are you happy with your child’s understanding of money? Many people want to ensure their children learn positive values when it comes to money, but they are not sure how to instill these values.

http://www.moneymattersnj.com/story.cfm?SID=15526

============================================================

7. Writing a Small Business Plan
It’s exciting when you come up with a creative business concept and are ready to launch a new commercial endeavor. Planning and analysis are important first steps to laying the groundwork for success.
http://www.moneymattersnj.com/story.cfm?SID=15528

=============================================================

E-CPA is a monthly email publication provided by

WARHAFTIG & ASSOCIATES, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. Go Green, Save Green

4. Podcast: Home Equity Loans

5. Tips for Saving Money on the First Year of College

6. Save Money This Winter by Cutting Your Home Heating Bills

7. What College Students Need to Know About Credit Cards

===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE

Please remember, if you are in need of any financial and/or tax advice during the course of the year, feel free to call to make an appointment.

If you were affected by the recent floods and you did not receive any insurance/FEMA aid or not the full amount, please keep all records and receipts as you may be entitled to a tax deduction.

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR

Did you have a “side job” during the course of the year? If so, you might owe taxes come tax season…find out if you need to make an estimated tax payment remember that they are due on January 15th.

Moving from one job to another, do you want to move your 401k but need some advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

===========================================================

3. Go Green, Save Green

You may never have thought of yourself as the environmentally friendly type, but what if going green meant saving cash? Don’t worry, you don’t have to live in a sod house and compost while wearing knee-high rubber boots to impact your budget’s bottom line.

There are many simple ways to make changes, save money and help the environment at the same time.

http://www.moneymattersnj.com/story.cfm?sid=15521

============================================================

4. Podcast: Home Equity Loans

If you’re a homeowner wondering if a home equity loan is right for you, you’ll want to hear the advice of New Jersey Society of CPAs member Jeffrey Christakos, CPA. Also find out the difference between a home equity loan and a home equity line of credit.

http://www.moneymattersnj.com/story.cfm?sid=15523

============================================================

5. Tips for Saving Money on the First Year of College

Everyone knows that college tuition and fees are very expensive, but what about the many other costs associated with higher education, such as books, travel, dorm accessories and other college necessities? Here are some tips for saving on college expenses.

http://www.moneymattersnj.com/story.cfm?SID=15518

============================================================

6. Save Money This Winter by Cutting Your Home Heating Bills

The leaves are falling and so is the temperature. Ready to break out your flannel pajamas? While bundling up is a great idea when the temperatures dip, you can take some steps to winterize your home that will not only keep you warm, but also save you some money on your heating bills.

http://www.moneymattersnj.com/story.cfm?sid=15520

============================================================

7. What College Students Need to Know About Credit Cards

Whether young adults get a credit card now or later, it’s a good idea for them to learn good credit habits early. Here are some tips to avoid credit pitfalls.

http://www.moneymattersnj.com/story.cfm?SID=15519
=============================================================

E-CPA is a monthly email publication provided by

WARHAFTIG & ASSOCIATES, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. Keeping Calm in a Crazy Market

4. Hurricane Irene Tax Relief

5. Five Smart Questions to Ask When Starting a Business

6. Financial Fraud and the Elderly

7. Retirement Planning Options for the Self-Employed

===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE

Please remember, if you are in need of any financial and/or tax advice during the course
of the year, feel free to call to make an appointment.

If you were affected by the recent floods and you did not receive any insurance/FEMA
aid or not the full amount, please keep all records and receipts as you may be entitled
to a tax deduction.

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR

If you need to make estimated payments, remember that they are due on September 15th and January 15th.

Moving from one job to another, do you want to move your 401k but need some
advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

===========================================================

3. Keeping Calm in a Crazy Market

The Dow’s recent ups and downs are enough to cause even the most confident investor

concern. And although it may be tempting to panic and pull out of the stock market

entirely, it’s important to stay cool, calm and collected despite the market’s

unpredictability.

http://www.moneymattersnj.com/story.cfm?sid=15505

============================================================

4. Hurricane Irene Tax Relief

The IRS has announced tax relief for individuals and businesses in New Jersey, New York,

North Carolina, Connecticut, Vermont and Massachusetts that have been severely

impacted by Hurricane Irene.

http://www.njscpa.org/news/topics/irene

============================================================

5. Five Smart Questions to Ask When Starting a Business

Entrepreneurs launch roughly 600,000 new small businesses in the United States each year.

If you dream of running your own shop, ask these questions to be sure you get off on the

right foot.

http://www.moneymattersnj.com/story.cfm?sid=15512

============================================================

6. Financial Fraud and the Elderly

Financial fraud affecting the nation’s elderly population isn’t merely a story you see on the

evening news. It’s a growing problem, and statistically, it could happen to you or someone

you know.

http://www.moneymattersnj.com/story.cfm?sid=15514

============================================================

7. Retirement Planning Options for the Self-Employed

More than 9 million self-employed people are not covered by a retirement plan. The New

Jersey Society of CPAs offers some perspective and explains some retirement savings

options for the self-employed.

http://www.moneymattersnj.com/story.cfm?sid=15511
=============================================================

E-CPA is a monthly email publication provided by

WARHAFTIG & ASSOCIATES, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. How’s Your Financial Health?

4. Five Questions to Ask in Your Financial Tune Up

5. Podcast: Mutual Fund Expenses

6. Financing a College Education

7. What to Do When You’re Out of Financial Options

===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE

Please remember, if you are in need of any financial and/or tax advice during the course
of the year, feel free to call to make an appointment.

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR

If you need to make estimated payments, remember that they are due on September 15th and January 15th.

Moving from one job to another, do you want to move your 401k but need some
advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

===========================================================

3. How’s Your Financial Health?

Many people forget to take stock of their financial situations during their busy schedules.

But you should have an annual financial check up to be sure that you’re making smart

money choices and staying on track to meet your short- and long-term financial goals.

http://www.moneymattersnj.com/story.cfm?sid=15489

============================================================

4. Five Questions to Ask in Your Financial Tune Up

Everyone knows that it’s important to get your oil changed regularly and keep your

tires properly inflated, but have you thought about performing maintenance on your

finances?

http://www.moneymattersnj.com/story.cfm?sid=15488

============================================================

5. Podcast: Mutual Fund Expenses

Despite a surge of withdrawals during the height of past market uncertainties, mutual funds

remain very popular investment options. However, it’s important to understand the costs

associated with this type of investment, many of which may not be immediately apparent.

http://www.moneymattersnj.com/story.cfm?sid=15498

============================================================

6. Financing a College Education

It’s easy to postpone saving for college, but getting started now will help ease the sticker

shock of tuition when the time comes.

http://www.moneymattersnj.com/story.cfm?sid=15490

============================================================

7. What to Do When You’re Out of Financial Options

While the economy is showing faint signs of life, many people aren’t seeing a recovery in

their personal finances. While filing bankruptcy may seem like the only option left, it may

not be right for everyone. Know what’s right for you.

http://www.moneymattersnj.com/story.cfm?sid=15493

=============================================================

E-CPA is a monthly email publication provided by

WARHAFTIG & ASSOCIATES, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. Smart Financial Steps for Unmarried Couples

4. Podcast: Travel Insurance

5. Understanding Mutual Fund Expenses

6. Child Off to College? A Checklist for Packing Money Management Skills

7. Prepare for Hurricanes, Disasters by Safeguarding Tax Records

===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE

Please remember, if you are in need of any financial and/or tax advice during the course
of the year, feel free to call to make an appointment.

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR

If you need to make estimated payments, remember that they are due on June 15th,
September 15th and January 15th.

Moving from one job to another, do you want to move your 401k but need some
advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

===========================================================

3. Smart Financial Steps for Unmarried Couples

U.S. Census Bureau figures show a recent increase in unmarried couples living together,

possibly due in part to job loss or other consequences of an uncertain economy. No

matter what brings them together, cohabiting couples have unique financial considerations.

http://www.moneymattersnj.com/story.cfm?sid=15471

============================================================

4. Podcast: Travel Insurance

If you’re planning a get-away this summer, you’ll want to hear the advice New Jersey

Society of CPAs member Douglas Schwartz, CPA, has to offer on travel insurance.

http://www.moneymattersnj.com/story.cfm?sid=15478

============================================================

5. Understanding Mutual Fund Expenses

Despite a surge of withdrawals during the height of past market uncertainties, mutual funds

still remain a popular investment option. If you are selecting a fund, it’s important to

understand the costs of investing, which may not always be immediately apparent.

http://www.moneymattersnj.com/story.cfm?sid=15469

============================================================

6. Child Off to College? A Checklist for Packing Money Management Skills

Among the books, computer, pens, towels and sheets your college-bound child takes to

school, remember to tuck in money-management essentials, too.

http://www.moneymattersnj.com/story.cfm?sid=15470

============================================================

7. Prepare for Hurricanes, Disasters by Safeguarding Tax Records

The 2011 hurricane season started June 1, and the Internal Revenue Service encourages

individuals and businesses to safeguard themselves against natural disasters by taking a
few simple steps.

http://www.moneymattersnj.com/story.cfm?sid=15462

=============================================================

E-CPA is a monthly email publication provided by

WARHAFTIG & ASSOCIATES, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. Four Steps to Paying Down Your Debt Once and for All

4. Pomp and Circumstance and Financial Planning

5. What You Need to Know About Mortgage Closing Costs

6. Podcast: Target-Date Retirement Funds

7. What You Need to Know About Financing a Start-Up Business
===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE

Please remember, if you are in need of any financial and/or tax advice during the course
of the year, feel free to call to make an appointment.

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR

If you need to make estimated payments, remember that they are due on June 15th,
September 15th and January 15th.

Moving from one job to another, do you want to move your 401k but need some
advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

===========================================================

3. Four Steps to Paying Down Your Debt Once and for All

The top financial New Year’s resolution for consumers in 2011 is decreasing debt.

With the year nearly half over, how many people have kept that pledge? If your resolve

is starting to fail, here are some tips for financially getting back on track.

http://www.moneymattersnj.com/story.cfm?sid=15458

============================================================

4. Pomp and Circumstance and Financial Planning

While retirement may be the last thing on your mind as you flip that tassel on your

mortarboard, it’s one of several things to think about to get started on the right financial

foot. A little planning can help you make the most of your education and your financial

future.

http://www.moneymattersnj.com/story.cfm?sid=15457

============================================================

5. What You Need to Know About Mortgage Closing Costs

Closing on a home often involves signing a stack of confusing paperwork. So it’s no

wonder that many people get closing-cost sticker shock. Take these steps to ensure that

you understand closing costs and can minimize them wherever possible.

http://www.moneymattersnj.com/story.cfm?sid=15459

============================================================

6. Podcast: Target-Date Retirement Funds

Target-date retirement funds may be convenient and easy to select, but they still warrant

careful consideration. New Jersey Society of CPAs member Paula Boyer Kennedy, CPA,

discusses the ins and outs of this kind of investment.

http://www.moneymattersnj.com/story.cfm?sid=15461

============================================================

7. What You Need to Know About Financing a Start-Up Business

It can be challenging to find financing for new businesses, but it’s not impossible.

Knowing where to find funding is one key to launching your new
business.

http://www.moneymattersnj.com/story.cfm?sid=15460

=============================================================

E-CPA is a monthly email publication provided by

WARHAFTIG & ASSOCIATES, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

If you would prefer not to receive this newsletter, send an

email message to ira@warhaftigassociates.com with the words

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. Upcoming Financial Education Programs

4. What to Do with Your Tax Refund

5. NJ Governor Declares April Financial Literacy Month

6. The Importance of Year-Round Tax Planning

7. Tax Implications of Becoming a Landlord

===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE

We would like to thank all of our clients for coming to us this year. We hope to see
you again next year.

Please remember, if you are in need of any financial and/or tax advice during the course
of the year, feel free to call to make an appointment.

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR
If you need to make estimated payments, remember that they are due on June 15th,
September 15th and January 15th.

Moving from one job to another, do you want to move your 401k but need some
advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

===========================================================

3. Upcoming Financial Education Programs

Jody Rorick, CPA, will present the free webinar, Talking Financials with Aging

Relatives/Friends, on Thursday, April 28 from 1 to 2pm.

http://www.moneymattersnj.com/resources/event.cfm?eventid=89

Taking Control: A Financial Workshop for Women will be presented in Roseland on

Wednesday, May 4 from 11am to 2pm.
http://www.moneymattersnj.com/resources/event.cfm?eventid=90

============================================================

4. What to Do with Your Tax Refund

You’ve finally settled up with Uncle Sam and received a refund. So what should you

do with the extra cash? Here are some suggestions.

http://www.moneymattersnj.com/story.cfm?sid=13907

============================================================

5. NJ Governor Declares April Financial Literacy Month

The New Jersey Society of CPAs is undertaking a major effort to meet the needs of

Garden State residents with information about managing their personal finances more

effectively. To help support the initiative, Governor Chris Christie has proclaimed

April 2011 as Financial Literacy Month.

http://www.moneymattersnj.com/story.cfm?sid=15412

============================================================

6. The Importance of Year-Round Tax Planning

You did it! You successfully submitted your tax return by this year’s deadline.

So, there’s no need to think about taxes for another year, right? In fact, there are

many smart and easy steps you can take now that will potentially improve your

financial situation today and at tax time next year.

http://www.moneymattersnj.com/story.cfm?sid=15402

============================================================

7. Tax Implications of Becoming a Landlord

A new generation of landlords is emerging as investors snap up foreclosure properties

at bargain prices and homeowners unable to pay their mortgages rent their homes as an

alternative to foreclosure. While becoming a landlord may indeed offer solutions, there

are tax implications that individuals may not be aware of.

http://www.moneymattersnj.com/story.cfm?SID=15406
=============================================================

E-CPA is a monthly email publication provided by

WARHAFTIG & ASSOCIATES, CPA

64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

If you would prefer not to receive this newsletter, send an

email message to ira@warhaftigassociates.com with the words

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar

3. Considering a Refund Anticipation Loan?

4. Last-Minute Tax Preparation Tips

5. Tax Deductions from Planet Weird

6. The Latest on the AMT

7. Tax Tips for Lowering Your Education Costs

===========================================================

1. WARHAFTIG & ASSOCIATES, CPA UPDATE

Please remember, if you are in need of any financial and/or tax advice during the course
of the year, feel free to call to make an appointment.

Tax season is upon us, appointments are being accepted for any time after 6pm
during the week or from 8am to 10pm on the weekends. You can also mail your
tax documents and we will prepare the returns and mail them back.

===========================================================

2. IMPORTANT DATES – MARK YOUR CALENDAR
You have until April 18th to file your 2010 tax returns, but don’t wait until then,
you can get them done now and avoid any problems.

Remember, if you received the $7,500 tax “Loan” in 2008 for first time homebuyers, you
will have to begin paying this back starting in 2010. $500 will be paid back over the next
15 years.

Moving from one job to another, do you want to move your 401k but need some
advice on how to move it, or even where to move it to, call for a consultation.

Please call if you have any questions or concerns.

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3. Considering a Refund Anticipation Loan?

Tax season is in full swing, and many taxpayers are anxious to get their refunds as soon as possible. Some may even consider accelerating the process with a refund anticipation loan. Hear from a New Jersey Society of CPAs member on why these loans may not be the best option. http://www.moneymattersnj.com/story.cfm?sid=15349

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4. Last-Minute Tax Preparation Tips

In the final frantic hours before filing your 2010 taxes, don’t lose track of the deductions

most taxpayers frequently miss. It could mean more money in your pocket.

http://www.moneymattersnj.com/story.cfm?sid=15336

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5. Tax Deductions from Planet Weird

From January to April each year, CPAs are inundated with attempts to deduct all sorts of

things — some legitimate, some not.

http://www.moneymattersnj.com/story.cfm?sid=15335

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6. The Latest on the AMT

Do you consider yourself “wealthy?” Most people do not. But just because you don’t feel

like a high earner doesn’t mean you are immune to something that was originally created to

ensure that the rich and powerful paid their fair share of

taxes: the alternative minimum tax (AMT).
http://www.moneymattersnj.com/story.cfm?SID=15334

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7. Tax Tips for Lowering Your Education Costs

The tax laws offer a number of opportunities to minimize your out-of-pocket education

costs, if you know how to make the most of them. Here are some tips.

http://www.moneymattersnj.com/story.cfm?SID=15333

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