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TAX TIPS NEWSLINE Proudly Published in the USA

MARCH 2017

Produced monthly for Clients and Friends of Advisory Group Associates

Our Mission: Sharing Solutions that deliver real value.

ORGANIZE 2016 DATA: During January 2017, we Emailed each client/taxpayer their 2016

Tax Organizer to be completed and compile 2016 records and efficiently deliver this data and

information for preparation of an accurate tax return. This "Tax Organizer" generally shows you

what was reported in the prior year. Please let us know right away if you did NOT receive this

email.

Do not wait to send us your 2016 data. Often Schedules K-1 from partnerships etc. are not issued

until April. Best practice is to bring us what you have right away, even if your Forms 1099 and

brokerage statements have not yet been received. The goal is to have adequate time to let us

process accurate tax returns. If you have any questions, please do not hesitate to contact us.

Please notify us promptly of any address, e-mail, and telephone contact changes!

REMINDER, the April 18, 2016 (individual) deadline is very quickly approaching. You must

deliver data and information for preparation of an accurate tax return immediately. As a reminder,

the law allows the IRS to assert a late-filing penalty for Individual (Form 1040) tax returns not

filed by their deadline.

Inside this Month's Issue

• About What We Do

• Business Owners Retirement Plan Options

• Traditional IRA Inherited from a Non-Spouse

• Qualify for Tax-Free Incorporation

• Business Sponsored Health Reimbursement Accounts Allowed

• What Constitutes Cancellation of Debt (COD) Income

• Foreign Income & Housing Exclusion

• Establish Profit Motive for Business Activities

• Tips for IRA Rollovers

• Clients Want to Know about Tax Reform

• Tips to Live a Long Life

• Wide Range Of Specialized Solutions Offered

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ABOUT WHAT WE DO

This “TAX TIPS NEWSLINE” is compiled by the founder of the Tax & Advisory firms, Frank

L. Zerjav, CPA and team of Professional Tax Associates, and then it is sent by email each month

because you need tax and compliance knowledge. It’s a big part of your life and the entities that

you operate.

The CPA firm engages in Strategic Tax Planning for business and real estate owners,

professionals, investors and individuals. Our clients minimize their tax burden by appropriate

proven strategies, which help them to keep more of what they earn. Advisory Group’s Tax

Resolution Experts also engage in resolving tax problems with either Federal or State tax

agencies for clients who need these specialized, proven resolution options. Our dedicated team

of Professional Tax Advisors and Tax Resolution Experts do care; our primary objective is

the well-being of clients, their family and their survivors, as well as their satisfaction with

the work we do, while our goal is to be the premier choice of Tax & Advisory firms, not the

biggest firm, by sharing solutions that deliver real value.

Contact Us - There are many events that occur during the year that can affect your tax situation.

Preparation of your tax returns involves summarizing transactions and events that occurred

during the prior year. In most situations, treatment is firmly established at the time the

transaction occurs. However, negative tax effects can be avoided by proper planning. Please

contact us in advance regarding the tax effects of a transaction or event, including the

following: • Pension or IRA distributions. • Sale or purchase of a residence or • Self-employment.

• Significant change in income or deductions. other real estate. • Charitable contributions of

• Job change. • Retirement Planning. property in excess of $5,000.

• Getting Married. • Notice from IRS or other revenue • Gifts (over $14,000 to an

• Attainment of age 59½ or 70½. department. individual).

• Sale or purchase of a business. • Divorce or separation. • Estate Planning.

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BUSINESS OWNERS RETIREMENT PLAN OPTIONS

Tax-free compounding is like a miracle drug for your retirement. That’s one big reason you want

a retirement plan.

And when you get this retirement thing right, you take away the stress of the future. It’s a money

habit that boosts your wealth. You have many retirement plans to choose from, but two of the

most popular are: Simplified Employee Pension (SEP) and the 401(k).

To give you the big picture, let’s 1ook at the plans as if they exist for you in 2017, and let’s also

say your business is treated as a self-employed business and you have no employees. The

amounts you contribute in the examples below produce tax deductions and then grow tax-free.

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Example 1. In 2017, you earn $30,000 from your self-employed business. You are under age 50.

• SEP. With a SEP, you may contribute $6,000 (20 percent x $30,000).

• 401(k). With a 401(k), you can make two contributions totaling $24,000:

1. Employee contribution of $18,000

2. Employer contribution of $6,000 (20 percent x $30,000)

Example 2. You earn $100,000 from your self-employed business. You are under age 50.

• SEP. With a SEP, you may contribute $20,000 (20 percent x $100,000).

• 401(k). With a 401(k), you can have two contributions totaling $38,000:

1. Employee contribution of $18,000

2. Employer contribution of $20,000 (20 percent x $100,000)

Example 3. You earn $300,000 from your self-employed business. You are under age 50.

• Under both the SEP and 401(k), you max out at $54,000.

You have more to consider when you have employees working in your business. Contributing to

employees’ retirement plans changes the dynamic and may require that you use plans other than

or in addition to the-SEP or the 401(k).

One rule of thumb when you are in business for yourself is to pay yourself first. Putting some of

this pay-yourself-first money into your retirement plan is a wise choice because you can’t simply

tap that retirement plan without suffering tax penalties. This helps put a lock on the money so

you have that money for retirement as originally planned.

You should consider establishing a retirement plan now while you have many years for it to

compound tax-deferred. Discuss the options with our professional tax advisors who can help

with what you might do now.

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TRADITIONAL IRA INHERITED FROM A NON-SPOUSE

Traditional individual retirement accounts (IRAs) became available in 1974 and have been

around ever since. This makes your odds of inheriting a traditional IRA pretty good.

Death after start date. If you inherit an IRA from an owner who dies upon attaining age 70 1/2

or later, the IRA must distribute any assets that remain to you (the beneficiary) over the longer of

your expected life span or the deceased owner’s expected life span (before death).

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With the exception of separate accounts, if there is more than one beneficiary, the rule requires

distribution of the deceased owner’s traditional IRA over the longer designated beneficiary’s life

expectancy or the owner’s life expectancy. For this tax rule, the beneficiary with the shortest life

expectancy (usually the oldest person) is the designated beneficiary.

If the owner divided the IRA into separate accounts for the beneficiaries, the accounts act as

separate IRAs for distribution purposes.

Death before start date. If the owner dies before his or her required start date (age 70 1/2), the

IRA must distribute any remaining assets under either

• the five-year rule, which requires that the IRA distribute the assets within

five years after the death of the owner, or

• the life expectancy rule, which requires that all remaining assets be

distributed over the life span of the designated beneficiary.

As you receive the monies from the inherited traditional IRA, you pay taxes at ordinary income

rates.

Planning Strategy Option. To minimize taxes for your beneficiaries, aim to stretch out the

distributions for as long as possible. This makes the five-year plan rarely a good idea. But it does

shine the light on youth. The younger the surviving beneficiaries, the more stretch you create.

By stretching out non-spouse inherited IRA distributions for as long as possible, you can turn a

potential tax danger into a tax benefit. IRA stretching is a proven and widely used method in

estate planning. It also allows the IRAs assets to continue to grow tax-deferred, so with wise

investments you could create your own legacy.

You likely need to know the basic rules that apply to inherited IRAs because you have high odds

of both inheriting a traditional IRA and leaving one to your named beneficiaries.

To make sure you select the best option, please call our Professional Tax Advisors at your

earliest convenience to arrange an appointment or consultation.

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QUALIFY FOR TAX-FREE INCORPORATION

If you are considering incorporating your business, here are some tips on what you need to do

and how to avoid paying taxes on the incorporation.

Qualifying. To qualify for a tax-free incorporation, you must exchange property for stock and

be in control of the corporation immediately after the exchange. To meet the control requirement,

everyone who exchanged property for stock (i.e., the “control group”) must have ownership of at

least 80 percent of the voting shares and 80 percent of the total shares of all classes of stock.

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If you receive stock in exchange for both property and services in the same transaction, then all

the stock received counts for purposes of control of the corporation, provided the value of the

stock transferred for property is at least 10 percent of the total value of the total stock transferred.

For example, say you contributed $4,000 in cash and $16,000 in services for $20,000 in stock.

Since the stock received for property is at least 10 percent of the total value of the stock

transferred, all of your stock shares are part of the control group.

Your Receipt of the Stock. If you transfer property for stock in the corporation, here’s what

happens:

• You recognize neither gain nor loss upon transfer.

• Your basis in the stock received is the adjusted basis of the property transferred.

• Your holding period in the stock includes your holding period for the property

transferred if the property you transferred was a capital asset or Section 1231 property

in your hands.

The Corporation’s Receipt of the Property. The fol1owing applies to the corporation’s

receipt of the property:

• The corporation recognizes neither gain nor loss when it receives cash or property in

exchange for its stock.

• The corporation’s basis in the property received is its adjusted basis.

• The corporation’s holding period in the property includes your holding period.

Three Exceptions. As with everything in the tax code, there are exceptions. Here are three

that can cause unexpected taxes:

1. Stock for services. If you receive stock for services, the entire value of the stock

received for services is taxable income to you, regardless of tax-free incorporation.

2. Receipt of boot. Say that your transaction involves an exchange of property. This could

require that you receive cash from the corporation to ensure an equal exchange. The cash

received in an exchange is known as “boot.” If you receive boot in a tax-free

incorporation, you must recognize gain to the extent of the boot received.

3. Debt relief exceeding basis. If the corporation assumes your liabilities in a tax-free

incorporation, and if those liabilities exceed the adjusted basis of the property you

transferred, then you must recognize the difference as gain as if the difference were from

the sale or exchange of property.

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To make sure that you don’t have any surprise taxes on your tax-free incorporation, discuss and

monitor your tax-free incorporation plan and other tax incentives to form a Corporation with our

Professional Tax Advisors.

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BUSINESS SPONSORED HEALTH REIMBURSEMENT

ACCOUNTS ALLOWED

For tax years beginning after December 31, 2016, qualified employer health reimbursement

arrangements (QSEHRAs) are not treated as group health plans for purposes of the group health

plan requirements provided by the Patient Protection and Affordable Care Act (ACA). Therefore,

for plan years starting after 2016, small employers may adopt QSEHRAs to reimburse

employees for the cost of premiums for individual and family health coverage without being

subject to an excise tax for failure to comply with ACA’s market reforms. For small employers

that provided these arrangements prior to 2017, transition relief that expired June 30, 2015, has

been extended to apply to any plan year beginning on or before December 31, 2016.

Background. Group health plan requirements were significantly amended and expanded by the

ACA, generally effective after 2014. The IRS took the position that group health plans that

reimbursed or paid employee premiums for individual coverage were subject to an excise tax (up

to $100 per affected individual per day) for violating the group plan rules. Under transition relief,

small employers were temporarily exempted from excise tax from January 1, 2014, to June 30,

2015.

To qualify as a QSEHRA, an arrangement must provide minimum essential coverage and meet

affordability standards. These arrangements are permitted to be integrated with individual

employee coverage including ACA exchange coverage. The arrangement must be provided on

the same terms to all eligible employees of the eligible employer. In addition, the arrangement

must:

• be funded solely by the eligible employer; no salary reduction contributions under a

cafeteria plan are allowed;

• provide for the payment or reimbursement of medical expenses incurred by the eligible

employee or employee’s family member; and

• provide that the total payments and reimbursements for any year cannot exceed $4,950

($10,000 for family coverage). The annual dollar limit is adjusted for inflation for years

beginning after 2016 in $50 increments.

Although the arrangement must be provided on the same terms to all eligible employees, an

employee’s permitted benefit may vary in accordance with the variation in the price of an

insurance policy based on the employee’s (or family member’s age(s)) and the number of family

members covered.

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An eligible employer is an employer that is not an “applicable large employer” as defined for

purposes of the large employer shared responsibility payment provisions of ACA, and one that

does not offer a group health plan to any of its employees.

If you would like to determine if you are eligible, or could benefit from, a QSEHRA, please

contact our Professional Tax Advisors.

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WHAT CONSTITUTES CANCELLATION OF DEBT INCOME

This article is intended to provide you with some information related to cancellation of debt

(COD) income. If you have had a lender discharge part or all of a debt that you were liable for,

you may owe income tax on the amount that was discharged. This is because certain debts that

are cancelled or forgiven by a lender result in taxable income to you, even though you have not

technically received any money in hand from the debt forgiveness.

Generally, debt that is discharged or canceled by a lender must be included in your taxable

income. Debt forgiveness income, or COD income, is the product of the amount of debt that a

lender discharges or cancels. Unless a specific exception applies, a lender’s cancellation of debt

will generally result in income to the borrower. If you have had a lender discharge all or part of a

debt that you owe, and you would like to know what your tax obligations are regarding the

cancelled amount, please contact our office.

In general, if the amount forgiven or canceled is $600 or more, the lender must issue to you and

to the IRS a Form 1099-C, Cancellation of Debt, showing the amount of debt canceled. Even

though the creditor has issued Form 1099-C, you may be able to claim an exclusion from income

for the canceled debt.

Exclusions from income. COD income is not always taxable. The most common situations in

which cancelled debt does not result in taxable income include the following:

• The debt has been discharged through a bankruptcy proceeding under Title 11;

• Insolvency (your total debts exceed your total assets);

• Qualified principal residence debt (limited to $2 million ($1 million for married taxpayers

filing separately));

• The debt is due to a qualified farm expense or farm property (“qualified farm debt”); and

• The debt is due to certain real property used in a trade or business (“qualified real

property business debt”).

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Other exclusions may apply to student loans, disaster victims, gifts, general welfare payments,

and deductible payments.

Reduction of attributes. When canceled debt is excluded from income, the debtor may be

required to reduce tax attributes, such as the basis of property. The reduction of attributes must

be reported on Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness, and

included with your federal income tax return. If you do not reduce attributes, the IRS may take

the position that you are taxable on the COD income.

Non-recourse loans. A non-recourse loan is a loan in which your lender’s only remedy in

case of default is to repossess the property subject to the loan. That is, property that is either

being financed or used as collateral for the loan. In these cases, your lender cannot pursue

you personally in case of default. Although forgiveness of a non-recourse loan resulting

from a foreclosure does not result in COD income, it may result in other tax ramifications.

Please contact our office if this applies to your situation, or if you don’t know whether your

loan is non-recourse.

Mortgage debt forgiveness. For a limited period of time, certain mortgage debt that is

discharged by the lender is excludable from COD income and therefore does not result in

taxable income to homeowners. This is generally referred to as “qualified principal

residence debt.” The cancellation of qualifying mortgage debt is excludable from income if

it is incurred with respect to the taxpayer’s principal residence for “acquisition” debt

forgiven on or after January 1, 2007 and before January 1, 2017. Acquisition debt is

indebtedness secured by the residence and incurred in the acquisition, construction or

substantial improvement of the residence. The exclusion is limited to $2 million ($1 million

for married taxpayers filing separately. Certain debt used to refinance the debt is also

eligible. Debt forgiven on a second home or rental property does not qualify.

Credit card and car loan debt. Noticeably absent from the specific exceptions to COD

income are two of the biggest consumer debt items: credit cards and car loans. Credit card

debt or an unpaid debt on a car loan that is forgiven by the lender is includable in gross

income, unless the debtor is bankrupt or insolvent. The lender will report the amount of

forgiven debt on Form 1099-C.

If you had debt discharged from income that does, or does not, qualify for an exception, you

must include the amount of cancelled debt in your gross income on your tax return. If you have

questions about COD income, the exclusions from income, or your reporting responsibilities,

please contact our Professional Tax Advisors.

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FOREIGN INCOME & HOUSING EXCLUSION

U.S. citizens and resident aliens are generally taxed on their worldwide income regardless of

where the income is earned or received. A U.S. citizen who earns income in a foreign country

may also be taxed on that income by a foreign host country, thus leading to double taxation.

However, a number of tax provisions provide relief from this inequity, including the foreign tax

credit and deduction, the foreign earned income exclusion, and the foreign housing cost

exclusion.

As you may know, taxes paid to a foreign country or possession of the United States can be

claimed as either a credit or deduction. In most cases, it is more advantageous to claim the credit

rather than the deduction. The credit, however, is limited to the amount of the U.S. tax that is in

proportion to the foreign source taxable income over worldwide taxable income.

As an alternative, qualifying individuals may elect to exclude from gross income up to $102,100

in 2017 ($101,300 in 2016) of foreign earned income, as well as certain employer-provided

housing costs. Individuals with self-employment income are also entitled to deduct certain non-

employer-provided housing costs. In order to qualify for these exclusions and deductions, an

individual’s tax home must be in a foreign country and he must meet either a residence or

physical presence test. A determination of whether a taxpayer qualifies is based on all the facts

and circumstances including:

the taxpayer’s intention,

the length of stay in a foreign country,

the nature and duration of employment,

the establishment of a home in the foreign country, and

the nature, extent and reasons for temporary absences from the foreign home.

To substantiate eligibility for the foreign earned income and housing exclusion, a taxpayer must

have adequate documentation. The IRS plans to improve compliance on international issues and

expects to increase the use of foreign information documents and data sharing with other federal

agencies. For instance, travel dates may be verified with U.S. passport information.

Taxpayers may not elect to take both the foreign-earned income and housing exclusions and the

foreign tax credit. Also, if a taxpayer claims the foreign earned income exclusion, the taxpayer

will not qualify for the earned income credit for that year. The choice between the foreign earned

income and housing exclusions and the foreign tax credit depends on which option more

effectively reduces taxes. If the taxpayer’s foreign earned income is subject to a higher foreign

income tax than his U.S. income, it is more advantageous to claim the foreign tax credit.

In selecting the more appropriate option, a taxpayer must also consider factors, such as length

and certainty of stay in a foreign country. If a taxpayer working in a high tax country revokes the

election, he may not take the election for five years without permission from the IRS and,

therefore, would be at a disadvantage if he were transferred to a low tax country. In addition, a

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“stacking rule” has been added to ensure that U.S. citizens living abroad are subject to the same

U.S. tax rates as individuals living and working in the United States. Thus, income that is

excluded from gross income is included for determining the applicable tax rate.

Considering the complexity of issues regarding foreign earned income, it is important that a Tax

Advisor review either your eligibility for the foreign earned income and housing exclusion, or

the possibility of revoking the election in future years for the benefit of tax credits denied. In

addition, we can assist you in documenting your foreign travel and housing expenses. Please

contact our Professional Tax Advisors at your earliest convenience to discuss your options with

regard to your foreign income and tax liabilities.

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ESTABLISH PROFIT MOTIVE FOR BUSINESS ACTIVITIES

Because you reported losses from one or more of your business activities, we would like to

remind you that the IRS has rules that limit the deductibility of expenses and losses from a hobby

or activity not engaged in for profit. If the IRS determines that an activity is not profit-driven,

deductions from the activity are limited to the amount of income the activity generates. Losses

from such activities cannot be used to offset other income, such as salary or investments.

You must be prepared to show that an activity that generates deductions is a business from which

you intend to profit. It is not necessary that the activity actually earns a profit, so long as a profit

is one of the motives for participating in the activity.

The IRS assumes that an activity is carried on for profit if it makes a profit during at least three

of the last five tax years, including the current year, or at least two of the last seven years for

activities that consist primarily of breeding, showing, training or racing horses. Otherwise, the

IRS applies non-exclusive tests and factors to the surrounding facts to judge whether activities

are more like a business with a profit motive, or are for personal satisfaction.

To make sure you are properly claiming all of the deductions available to you, and to strengthen

your position in the event of an IRS audit, it is important to consider all the facts and

circumstances surrounding activities the IRS is likely to challenge. If you would like assistance

in documenting the for-profit characteristics of your activity, please call our Professional Tax

Advisors at your earliest convenience to arrange an appointment or consultation.

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TIPS FOR IRA ROLLOVERS

Know Your Rollovers. For investors, accountants, and financial advisors, IRA rollover

decisions are growing in importance. When given the chance, 56 percent of workers have shown

a clear preference for taking their retirement assets as a lump sum, according to a study by the

Employee Benefit Research Institute.

Many of those assets are destined for IRA rollovers. According to the researchers at Cerulli

Associates, retiring baby boomers will likely drive the current IRA rollover surge to $12 trillion

by 2020.

Here are tips for getting rollovers right:

Limit to one indirect rollover a year. A second rollover made within one year of the

first 60-day rollover could cause a taxable distribution, plus a 10 percent penalty if the

investor is under the age of 59½ . With some rule violations, it’s possible for investors to

lose their IRA investment status entirely, making the account essentially a taxable

distribution.

Weigh the choices. There are two ways to move IRA money to another IRA: directly and

indirectly. A direct transfer, or a trustee-to-trustee transfer, happens when funds are

moved from one IRA to another without touching the money.

These can be done as often as you wish, without worrying about the once-per-year

rollover rule. Always move IRA funds directly if possible.

Indirect transfers, on the other hand, require more care and attention. Also called a 60-

day rollover, these transfers provide investors with a check made payable to them.

Investors then have 60 days to roll over the money to another IRA (or even back to the

same IRA) to not incur a penalty.

Remember that Roth IRAs count. A distribution and subsequent rollover between your

Roth IRAs will also prevent another rollover between your traditional IRAs during that

one-year period. In contrast, Roth conversions are exempt from the once-per-year IRA

rollover rule because the accounts are initially taxed.

If an investor wanted to convert an IRA to a Roth IRA after an IRA rollover, that would

be OK.

Consider the trustee-to-trustee method. For retirement-minded investors who don’t

want the hassle of managing a calendar of rollover events, there may be another option.

An investor can elect to receive a distribution in the form of a check already made

payable to the receiving IRA custodian. In this case, the money is treated as a trustee-to-

trustee direct transfer.

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In the cases where funds have been rolled over from any IRA or Roth IRA in the past year,

investors may be better served by transferring funds directly and skip receiving the payment

directly.

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CLIENTS WANT TO KNOW ABOUT TAX REFORM

On the campaign trail, Donald Trump promised to reform the complex Tax Code, and now that

he’s in office, some taxpayers are turning to their tax professionals for insight and advice about

what to expect. Biggest questions …. Here’s what is uppermost on their minds:

A. Are refundable tax credits going to be repealed?

B. Is head-of-household filing status going to be repealed?

C. Will Obamacare be replaced after it is repealed? and

D. Should I consider incorporating?

Clients are optimistic that the Donald Trump Republican Congress will be making vast tax law

changes for the better. The overall opinion is that things are looking up and that life will be

better with a businessman at the helm. They’re expecting tax rates to go down and more money

in their pockets.

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TIPS TO LIVE A LONG LIFE

ROME • Italy’s oldest native born nun, Candida Bellotti, celebrated her 110th birthday with best

wishes from Pope Francis and valuable tips for those wanting to live a long life.

“Love, love and keep on loving. With joy!” the nun said as she marked the big milestone on

Monday at the convent where she lives in the Tuscan town of Lucca. “Have faith in the future,

and put in as much work as you can to make your wishes come true!’

Sister Candida has survived two world wars, 10 popes and 57 Italian prime ministers.

Born in Verona, she became a nun in l93l with the Ministre degli Infermi di San Camillo order

and worked as a nurse in hospitals and care homes across the country. She celebrated her

birthday surrounded by nuns from her order and the bishop of Lucca, Italo Castellani.

Pope Francis sent his personal birthday wishes. The pontiff said he “shared the joy of the happy

celebration and sent congratulations and heartfelt wishes,” in a message sent by the Vatican. The

nun met Francis in 2014 on her 107th birthday, when she joined in a Mass at Rome.

As journalists crowded her convent, for a cake-cutting ceremony, her other piece of advice in life

was, “Take things as they come.”

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TAX ACCOUNTING ADVISORY

Providing a wide array of specialized non-traditional solutions plus offering

traditional CPA services including:

Real Estate Transactions

Entity Structuring

Asset Protection Solutions

Tax & Business Advisory

Strategic Tax & Business Planning

Comprehensive Accounting Solutions including data and payroll processing

Representation for Resolution of Tax Problems involving levy, liens, audit defense,

payment plans, un-filed tax returns, penalty abatement and offer in compromise.

Tax Return Preparation for individuals, investors, professionals, real estate and business

owners, Corporations, Partnerships, Trusts and tax exempt organizations.

Our experienced team of dedicated Professional Accounting Associates are committed to

providing personal attention, quality work, reliable, proactive, helpful services and solutions to

make complex accounting and compliance tasks easier, gain greater financial control and

increase profitability by providing timely, accurate and complete accounting, data and payroll

processing services. This allows you more time to focus on growing your enterprise.

Professional Tax Associates consult on all aspects of tax compliance, advisory and planning, as

well as, Tax Return preparation and Tax Problem Resolution Specialized Solutions. These tax

related services are provided by Zerjav & Associates, Certified Public Accountants, which has an

alternative practice structure that is a separate and independent entity which works together with

Advisory Group Associates to serve clients’ needs.

Our Core values include: Accountability, Accuracy, Collaboration, Commitment, Efficiency,

Integrity, Passion, Quality, Respect and Service Excellence offered by our team of Professional

Tax & Accounting Associates.

Our primary objective is the well-being of clients, their family and their survivors.

as well as their satisfaction with the work we do, while our goal is to be the premier choice

of Tax & Advisory firms, not the biggest firm, by sharing solutions that deliver real value.

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Visit our NEW website launched January 25, 2017:

advisorygroupassociates.com

Are we providing the Tax, Advisory & Accounting services you want?

How may we better service you?

Your opinion matters!

For More Information, Contact by phone or email

(314) 205-9595 or toll free (888) 809-9595

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compliance and tax return preparation, where our process is imperative to minimizing costs, to

many complex circumstances, where both our process and specialized knowledge is the key to

successful results and the best outcome.

Our complimentary monthly electronic newsletter to subscribers provides comprehensive and

timely insight on a wide range of taxation issues including federal and state tax incentives and

current issues.

We also offer an initial complimentary consultation to help identify proven tax-smart strategies,

options and solutions that deliver real value for the professional services needed based upon the

particular situation of any taxpayer.

Our Mission: Sharing Solutions that deliver a real value.

NOTICE: This “TAX TIPS NEWSLINE” publication is designed to provide accurate and authoritative

information regarding the subject matters covered. The information contained herein have been compiled

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do not receive fees or commissions for any recommendations of service providers, professionals or

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