Pay your state and local estimated tax payments now - Tax Tip of the Week

If you are required to make a fourth quarter estimated state or local (city) tax payment you have until January 15, 2010 to make your payment.  However, if you make the payment now you may be able to take the tax deduction on your 2009 federal tax return instead of waiting until 2010 to take the deduction.Note:  If you are subject to Alternative Minimum Tax (AMT) this tax planning tip will not help you.Give us a call to discuss other year-end tax planning strategies.In Dayton, call 937-436-3133 and in Xenia, call 937-372-3504. Or visit http://www.bradstreetcpas.com....until next week.

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Are your kids subject to the Kiddie Tax? - Tax Tip of the Week

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