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	<title>Paul Jones &#124; Utah Attorney</title>
	<link>http://pauljonesattorney.com</link>
	<description>Tax, Business, Estate Planning, Wills, Trusts, Probate, Real Estate</description>
	<lastBuildDate>Wed, 28 Dec 2011 05:38:15 +0000</lastBuildDate>
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		<title>2011 &#124; 2012 Estate and Gift Tax Planning</title>
		<description><![CDATA[This post is a brief discussion of year-end tax planning from an estate and gift tax perspective. In this post, I discuss making gifts to children and grandchildren during 2011 and 2012 without incurring any gift tax. Many of these techniques may also will reduce your overall income tax burden. Use of Gift Tax Exemptions [...]]]></description>
		<link>http://pauljonesattorney.com/2011-2012-estate-and-gift-tax-planning</link>
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		<title>2011 Year-End Tax Planning for Individuals</title>
		<description><![CDATA[As a general reminder, there are several ways in which you can file an income tax return: married filing jointly, head of household, single, and married filing separately. A husband and wife may elect to file one return reporting their combined income, computing the tax liability using the tax tables or rate schedules for “Married [...]]]></description>
		<link>http://pauljonesattorney.com/2011-year-end-tax-planning-for-individuals</link>
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		<title>2011 Year-End Tax Planning for Businesses</title>
		<description><![CDATA[As 2011 draws to a close, there is still time to reduce your 2011 tax bill and plan ahead for 2012. This post highlights several potential tax-saving opportunities for you to consider. I would be happy to meet with you to discuss specific strategies and issues. Deferring Income to 2012 Deferring income to the next [...]]]></description>
		<link>http://pauljonesattorney.com/2011-year-end-tax-planning-for-businesses</link>
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		<title>Preparing for an IRS Audit? Watch this video and give me a call.</title>
		<description><![CDATA[As I get ready to represent a taxpayer in an audit I will often send them a link to an interactive video that is very helpful in explaining the examination process. This video is published by the IRS and explains what to expect in an IRS audit, the steps that are typically followed, and gives [...]]]></description>
		<link>http://pauljonesattorney.com/preparing-for-an-irs-audit-watch-this-video-and-give-me-a-call</link>
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		<title>IRS Innocent Spouse Policy Changes &#124; Form 8857</title>
		<description><![CDATA[By requesting innocent spouse relief, you can be relieved of responsibility for paying tax, interest, and penalties if your spouse (or former spouse) improperly reported items or omitted items on your tax return. One method of such &#8220;relief&#8221; is obtain through &#8220;equitable grounds&#8221; under Internal Revenue Code §6015(f). The IRS originally established a two-year deadline [...]]]></description>
		<link>http://pauljonesattorney.com/irs-innocent-spouse-policy-changes-form-8857</link>
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		<title>Making the S Corporation Election</title>
		<description><![CDATA[This post discusses how a corporation may make an election to be treated as an S corporation for federal tax purposes. A corporation may become an S corporation if: (1) it meets the requirements of S corporation status; (2) all its shareholders consent to S corporation status; (3) it files Form 2553, Election by a [...]]]></description>
		<link>http://pauljonesattorney.com/making-the-s-corporation-election</link>
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		<title>Auto, Car, and Truck Business Expenses</title>
		<description><![CDATA[Many business owners purchase vehicles that are used extensively for business purposes and need to know to what extent this business use is deductible from their income. Taxpayers who use a passenger automobile, including “luxury” automobiles, in the pursuit of business or in an income-producing activity can deduct certain costs related to its acquisition and [...]]]></description>
		<link>http://pauljonesattorney.com/auto-car-and-truck-business-expenses</link>
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		<title>Form 1099 Reporting Requirements Repealed</title>
		<description><![CDATA[For more than a year, corporations have known that they soon would be subject to 1099 reporting requirements under an expansion of the rules in the health care reform law. The law requires businesses to file an information return whenever they pay a vendor more than $600 for goods in a single year. This requirement [...]]]></description>
		<link>http://pauljonesattorney.com/form-1099-reporting-requirements-repealed</link>
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		<title>Form 3922: IRC Sec. 423(c) Stock Options from a Employee Stock Purchase Plan under 423(c)</title>
		<description><![CDATA[Do you get stock options at work from an employee stock purchase plan? Did you get Form 3922 and wonder what to do with it? The tax implications of the employee&#8217;s disposition of stock acquired upon the exercise of a purchase right granted pursuant to a §423 plan will depend on whether the employee disposes [...]]]></description>
		<link>http://pauljonesattorney.com/form-3922-irc-sec-423c-stock-options-from-a-employee-stock-purchase-plan-under-423c</link>
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		<title>Tax Advantages of Qualified Plans for Business Owners Under Health Care Reform</title>
		<description><![CDATA[In light of the enactment of new taxes on the investment income and wages of highly compensated employees to pay for health care reform, you may want to reconsider establishing a qualified retirement plan to reduce this future tax burden. It is unclear if the current Congress will attempt to undo the Health Care Reform [...]]]></description>
		<link>http://pauljonesattorney.com/tax-advantages-of-qualified-plans-for-business-owners-under-health-care-reform</link>
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