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2008 Miller Cooper Tax Planning Guides Available

Our 2008 Tax Planning Guide is in and in this year's guide you will find essential information and resources on the latest tax law changes and opportunities.

As well as covering efficient tax planning for both the present and future, we highlight and review key dates for the best savings and offer several methods to help minimize your tax bill. Some tax incentives are temporary, so it is important to understand the timeframe available to benefit from these changes. Significant reforms making an impact in 2008 include:

• The start of the zero-tax window for long-term capital gains and dividends, which applies to investors in the bottom two income-tax brackets
• The increase in Individual Retirement Account (IRA) contributions
• The expansion of the "kiddie tax"
• The increase in Section 170 expensing limits for businesses

As always, Miller Cooper remains focused on helping you plan the most effective tax strategies to save money from start to finish. If you would like a free copy of our 2008 Tax Planning Guide, please give us a call directly at 847-205-5000.

If and only to the extent that this publication contains contributions from tax professionals who are subject to the rules of professional conduct set forth in Circular 230, as promulgated by the United States Department of the Treasury, the publisher, on behalf of those contributors, hereby states that any U.S. federal tax advice that is contained in such contributions was not intended or written to be used by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer by the Internal Revenue Service, and it cannot be used by any taxpayer for such purpose.