Prudent Planning

The best reason to work with Adaptax is your ability to adapt your taxes. While Adaptax provides convenience and compliance, we aim to save you money. Are you sure you haven’t paid more tax than required because you missed or misunderstood some tax deduction or credit? Given the complexity of the tax laws and regulations, it is difficult to find the time to learn about all the tax laws that apply to you. Listed below are examples of some of the complex tax matters Adaptax can help you navigate.


Utilizing the many tax saving vehicles for educational expenses has gotten complex. There is the Hope Credit, the Lifetime Learning Credit, the Tuition and Fee Deduction in addition to deductions for student loan interest , income from U.S. Government Savings Bonds, Educational Savings Accounts and Section 529 plans. Each has different benefits and income limitations.

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Financial Investing

Isn’t it great, the tax rates on qualified dividends and long-term capital gains have been reduced? Unfortunately these lower tax rates are scheduled to expire. How do you plan when you don’t know what the tax rates will be in the near future? Do you know which of your investments are affected and how?

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Real Property Investing

Given the recent appreciation in real property, many taxpayers have turned to investing in real estate whether owning an appreciated home, buying a vacation home, investing in properties for rental and investment appreciation, or simply buying a REIT or REIT mutual fund. With many of these investments we get involved with depreciation, depreciation recapture, passive loss limitations and many other issues too nasty to mention publicly.

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Retirement Planning

Who wants to end up unable to afford to live comfortably in your later years? Yet how best to prepare for retirement? We have many choices today including the Traditional IRA, Roth IRA, 401(k), Roth 401(k), Health Savings Accounts, annuities and other choices. Who couldn’t use some help refining our plans for retirement?

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Estate Planning

The current tax law has the estate tax exemption increasing each year until in 2009 the estate tax is eliminated, except that the exemption then drops to $1,000,000 in 2010. Did you know the gross value of our home and all other assets, the value of your life insurance and the value of gifts are included in your estate for estate tax purposes? Did you also know that in Alameda County you may be liable for probate expenses of $25,000 if you don’t transfer your assets outside of the probate process? Even simple estate planning may help you pass on far more of your hard earned assets to your loved ones.

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Estimated Taxes

Perhaps you enjoy surprises each April when you discover whether you have a refund coming or owe taxes. If not, a professional from Adaptax can help ensure you have a predictable outcome.

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