Our philosophy at Jodee Paape & Associates is that an informed client is our best customer. We know that there is a lot of information on the Internet and it can be tough to determine what is valuable. That is why we have selected the following article(s) for you to view.   Also, please check out a copy of our yearly newsletter.   Note that Adobe Reader is required - If you do not have Adobe Reader, you can download a free copy from the following:   (Adobe Link) January 2010 Newsletter Thanksgiving 2009 Newsletter Jan. 2009 Newsletter Our Building in BridgePoint Station- located at 100 BridgePoint Drive, Suite 120 Also, check out the articles you may find interesting below... Deducting the Charitable Contribution of Your Car Health Savings Accounts Summary of New Education Credits 2009 & 2010 Home Office Deduction - Do I Qualify?  A more detailed explanation of the Home Office deduction is available from our office. Kiddie Tax - What is it?  A more complete explanation of the kiddie tax is available if you need it.. Roth IRA Conversion Opportunities in 2010  Should I Save for College in My Name or My Child's Name? Should You Payoff Your Mortgage or Invest?

Used Vehicle Donation Rules There are strict rules for charitable contributions of used motor vehicles, boats, and airplanes that apply to donations valued at over $500. If these rules are not met, a taxpayer cannot claim a charitable deduction. This article explains how the rules work and how taxpayers can verify their donation of a used vehicle, boat, or plane.   Are You a Business Owner or Hobbyist? Many of us would like to turn our hobby into a regular business. That's fine as long as the business turns a profit. And, it may be fine as well if the business produces a loss and you enjoy the activity; even better if the loss can offset income from your day job.   Controlling Expenditures in Difficult Economic Times The current slowing economy has prompted many individuals to take a closer look at how and where they spend their money. If you find yourself in this situation, and many of us do, you may need to develop some restraint in consumption and grasp the value of saving to build wealth for the future.