ALL December, 2005

The recently enacted American Jobs Creation Act of 2004 has created a new deduction for production activities conducted in the U.S. Since you may qualify for this new deduction, I wanted to provide you with some information about it.

The jock tax—what athlete hasn't heard of it, or felt the sting of it come April 15? Without the proper planning, of course, the sting becomes even more painful. After all, just as a foul ball, shooting over par or a fumble can cost you or your team dearly, SQ can fumbling your tax planning.