Remember:

* When getting your "tax stuff" together to take to your accountant, remember that organization can save you accountant time, which will save you money. Try to keep information & receipts for different categories together. For example, keep rental property income & expense information separate from your personal home information.

Year 2007 Tax Changes:

* Maximum taxable earnings for Social Security $102,000
* Auto standard mileage allowance $.505, July 1 $.585
* Section 179 depreciation maximum $128,000
* Personal exemption $3,500

Make your accountant aware of what is happening to you financially!!! If you sell a piece of property, don't keep it a secret from your accountant. Let your accountant know about unusual financial transactions ahead of time so that tax planning can be done.

RIDDLE:
Question: Who was the greatest investor that ever lived?

Answer: Noah. He is the only person that could float his stock when the world was in liquidation.