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	<title>Financial Education Matters</title>
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	<description>Tax, personal finance &#38; business strategies you can use</description>
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		<title>Financial Education Matters</title>
		<link>http://kiplingercpas.wordpress.com</link>
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		<item>
		<title>2011 Tax Planning Strategies</title>
		<link>http://kiplingercpas.wordpress.com/2011/12/22/year-end-tax-strategies/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/12/22/year-end-tax-strategies/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 12:07:52 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[2011 Tax planning]]></category>
		<category><![CDATA[2011 Year-end tax strategies]]></category>
		<category><![CDATA[Year-end tax planning]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=431</guid>
		<description><![CDATA[Year-end tax planning is especially challenging this year because of uncertainty over whether Congress will enact sweeping tax reform that could have a major impact in 2012 and beyond. And even if there&#8217;s no major tax legislation in the immediate future, Congress next year still will have to grapple with a host of thorny issues, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=431&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">donjames47</media:title>
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		<title>Fate of Bush-era tax cuts derails super committee</title>
		<link>http://kiplingercpas.wordpress.com/2011/12/04/fate-of-bush-era-tax-cuts-derails-super-committee/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/12/04/fate-of-bush-era-tax-cuts-derails-super-committee/#comments</comments>
		<pubDate>Sun, 04 Dec 2011 12:18:56 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Budget Control Act of 2011]]></category>
		<category><![CDATA[Bush tax cuts]]></category>
		<category><![CDATA[Bush-era tax cuts]]></category>
		<category><![CDATA[Congress’ Joint Select Committee on Deficit Reduction]]></category>
		<category><![CDATA[super committee]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=417</guid>
		<description><![CDATA[Congress’ Joint Select Committee on Deficit Reduction (the so-called “super committee”) failed to reach an agreement by its November 23 deadline after weeks of sparring over the Bush-era tax cuts.  The Budget Control Act of 2011 created the bipartisan super committee in August and instructed it to develop proposals to reduce the federal budget deficit [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=417&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://kiplingercpas.wordpress.com/2011/12/04/fate-of-bush-era-tax-cuts-derails-super-committee/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">donjames47</media:title>
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		<item>
		<title>Rethinking a C Corporation as a Choice of Entity</title>
		<link>http://kiplingercpas.wordpress.com/2011/11/07/rethinking-a-c-corporation-as-a-choice-of-entity/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/11/07/rethinking-a-c-corporation-as-a-choice-of-entity/#comments</comments>
		<pubDate>Mon, 07 Nov 2011 20:46:26 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[C Corporation]]></category>
		<category><![CDATA[Excluding gain on sale of business]]></category>
		<category><![CDATA[QSBC]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=412</guid>
		<description><![CDATA[Over the past several years, the choice for the formation of a new entity has frequently been an S Corporation or Limited Liability Corporation, usually to avoid the double taxation resulting from the disposition of the business.  This Blog summarizes the special tax advantages available to C Corporation shareholders who sell stock in qualified small [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=412&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">donjames47</media:title>
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		<title>First-Year Depreciation Incentives Are Ending Soon</title>
		<link>http://kiplingercpas.wordpress.com/2011/09/17/first-year-depreciation-incentives-are-ending-soon/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/09/17/first-year-depreciation-incentives-are-ending-soon/#comments</comments>
		<pubDate>Sat, 17 Sep 2011 13:52:50 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Bonus depreciation]]></category>
		<category><![CDATA[Section 179 Deduction]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=406</guid>
		<description><![CDATA[As we all know, the recession caused Congress to dramatically increase tax incentives for businesses that expend amounts for capital equipment and certain building improvements. Congress expanded the long-standing Section 179 deduction to the point that it is currently at $500,000 per year. Similarly, Congress added an incentive in the form of 100% bonus depreciation [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=406&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">donjames47</media:title>
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		<title>Costly Tax Errors to Avoid When Funding College Education</title>
		<link>http://kiplingercpas.wordpress.com/2011/07/24/costly-tax-errors-to-avoid-when-funding-college-education/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/07/24/costly-tax-errors-to-avoid-when-funding-college-education/#comments</comments>
		<pubDate>Sun, 24 Jul 2011 21:36:32 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[College Planning]]></category>
		<category><![CDATA[Estate planning and financing college]]></category>
		<category><![CDATA[Grandparent 529 Plans]]></category>
		<category><![CDATA[Grandparents paying college bills directly]]></category>
		<category><![CDATA[Grandparents paying for college]]></category>
		<category><![CDATA[Lifetime learning credit]]></category>
		<category><![CDATA[Net Qualified Education Expenses]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=398</guid>
		<description><![CDATA[With the cost of financing a college education rising twice as fast as inflation, the dream of sending a child to college is becoming more like a nightmare. The increase in college costs is out-pacing both inflation and the increase in family income. A family just can’t afford to make any costly errors.  Here are [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=398&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://kiplingercpas.wordpress.com/2011/07/24/costly-tax-errors-to-avoid-when-funding-college-education/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">donjames47</media:title>
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		<item>
		<title>IRAs 101</title>
		<link>http://kiplingercpas.wordpress.com/2011/07/08/iras-101/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/07/08/iras-101/#comments</comments>
		<pubDate>Fri, 08 Jul 2011 09:54:55 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[Retirement]]></category>
		<category><![CDATA[Deductible IRA]]></category>
		<category><![CDATA[IRA contribution phaseout]]></category>
		<category><![CDATA[Nondeductible IRA]]></category>
		<category><![CDATA[Roth IRA]]></category>
		<category><![CDATA[Saver's credit]]></category>
		<category><![CDATA[SEP IRA]]></category>
		<category><![CDATA[SIMPLE]]></category>
		<category><![CDATA[Traditional IRA]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=396</guid>
		<description><![CDATA[At one time, there was relatively little confusion about IRAs because there was only one type available. Now, however, IRAs have proliferated—there&#8217;s the “traditional” IRA, which may be funded with deductible and/or nondeductible contributions, Roth IRA, SEP-IRA, and SIMPLE IRA. Some of these IRAs have similar features, but others have features that are unique. What [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=396&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">donjames47</media:title>
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		<item>
		<title>Tax aspects of caring for an elderly individual</title>
		<link>http://kiplingercpas.wordpress.com/2011/06/15/tax-aspects-of-caring-for-an-elderly-individual/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/06/15/tax-aspects-of-caring-for-an-elderly-individual/#comments</comments>
		<pubDate>Wed, 15 Jun 2011 12:51:56 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Dependency exemption]]></category>
		<category><![CDATA[Dependent care credit]]></category>
		<category><![CDATA[Exclusion for payments under life insurance contracts]]></category>
		<category><![CDATA[Filing status]]></category>
		<category><![CDATA[Long-term care]]></category>
		<category><![CDATA[Medical expenses]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=358</guid>
		<description><![CDATA[Here are some of the tax aspects of taking on the care of an elderly or incapacitated individual that may help offset the high costs of long-term care. 1. Dependency exemption. You may be able to claim the cared-for individual as your dependent, thus qualifying for an exemption. To qualify, (a) you must provide more [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=358&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">donjames47</media:title>
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		<item>
		<title>Key developments during the first quarter of 2011</title>
		<link>http://kiplingercpas.wordpress.com/2011/05/20/key-developments-during-the-first-quarter-of-2011/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/05/20/key-developments-during-the-first-quarter-of-2011/#comments</comments>
		<pubDate>Fri, 20 May 2011 09:37:39 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[100% bonus depreciation]]></category>
		<category><![CDATA[Business expenses of professional gamblers]]></category>
		<category><![CDATA[Deadline for electing modified carryover basis rules]]></category>
		<category><![CDATA[Deductible medical expenses]]></category>
		<category><![CDATA[Disclosing unreported offshore income]]></category>
		<category><![CDATA[Health insurance coverage information reporting]]></category>
		<category><![CDATA[IRS lien procedures]]></category>
		<category><![CDATA[Write-off for heavy SUVs]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=383</guid>
		<description><![CDATA[The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Guidance on 100% bonus depreciation and other bonus depreciation issues.The IRS has issued detailed guidance on the 2010 Tax Relief Act&#8217;s 100% bonus depreciation rules [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=383&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://kiplingercpas.wordpress.com/2011/05/20/key-developments-during-the-first-quarter-of-2011/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">donjames47</media:title>
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		<item>
		<title>Scope of information reporting to IRS continues to expand</title>
		<link>http://kiplingercpas.wordpress.com/2011/05/10/scope-of-information-reporting-to-irs-continues-to-expand/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/05/10/scope-of-information-reporting-to-irs-continues-to-expand/#comments</comments>
		<pubDate>Tue, 10 May 2011 12:03:55 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[employer-provided health insurance]]></category>
		<category><![CDATA[Form 1099-DIV]]></category>
		<category><![CDATA[Form 1099-R]]></category>
		<category><![CDATA[Form W-2]]></category>
		<category><![CDATA[Form W-2G]]></category>
		<category><![CDATA[Information returns]]></category>
		<category><![CDATA[reporting of stock transactions]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=379</guid>
		<description><![CDATA[Information reporting continues to expand as Congress seeks to close the tax gap: the estimated $350 billion difference between what taxpayers owe and what they pay. Despite the recent rollback of expanded information reporting for business payments and rental property expense payments, the trend is for more &#8211; not less &#8211; information reporting of various [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=379&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://kiplingercpas.wordpress.com/2011/05/10/scope-of-information-reporting-to-irs-continues-to-expand/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">donjames47</media:title>
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		<title>A college student&#8217;s guide to managing money &amp; cutting costs</title>
		<link>http://kiplingercpas.wordpress.com/2011/04/10/a-college-students-guide-to-managing-money-cutting-costs/</link>
		<comments>http://kiplingercpas.wordpress.com/2011/04/10/a-college-students-guide-to-managing-money-cutting-costs/#comments</comments>
		<pubDate>Sun, 10 Apr 2011 13:46:48 +0000</pubDate>
		<dc:creator>Don James, CPA/PFS, CFP</dc:creator>
				<category><![CDATA[College Planning]]></category>
		<category><![CDATA[Making ends meet]]></category>
		<category><![CDATA[Money for college]]></category>
		<category><![CDATA[Preparing a budget]]></category>
		<category><![CDATA[Reducing the cost of college]]></category>

		<guid isPermaLink="false">http://kiplingercpas.wordpress.com/?p=362</guid>
		<description><![CDATA[As parents, we all know that preparing a reasonable budget and sticking to it is a basic principle of good financial planning. By assisting college-bound students in developing and maintaining their own budget, parents can help students make ends meet during their college years while helping them develop good money management skills they&#8217;ll use for [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=kiplingercpas.wordpress.com&amp;blog=8792360&amp;post=362&amp;subd=kiplingercpas&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">donjames47</media:title>
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