Prairie Village, KS  66208		January 27, 2004
There is little taxpayers can legally do to alter their income or deductions for last year. At best, they can hope their tax preparer is familiar with all the rules for allowable deductions, exclusions, exemptions and tax credits. Legal tax avoidance is a continuous process of making decisions based on what will be left after taxes. Some people call that tax planning. Whatever we call it, taxpayers who wish to begin now to reduce their income tax for 2004 need to know the 2004 deductions, credits, exemptions, exclusions and tax rates. Vernon Jacobs, a CPA and President of Offshore Press, Inc. has prepared the following free web pages that provide information for pro-active tax planning. A table of 2003 and 2004 income tax rates is now available at http://www.vernonjacobs.com/fit-rates.htm A table of 86 tax limitations, deduction amounts, exemption amounts, exclusion amounts, tax credit limitations and tax rates for tax years from 2002 through 2004 is available at http://www.vernonjacobs.com/tax-data.htm A checklist of tax return due dates for 2004 is available at http://www.vernonjacobs.com/tax-due-date.htm
Vernon Jacobs (jacobs@offshorepress.com) President Offshore Press, Inc. 4500 W. 72nd Terrace Prairie Village, KS   66208 Phone : 913-362-9667 Fax : 913-432-7174
Vernon K. Jacobs

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