Picks and Pans Review: Touche Ross Video Tax Guide 1987

updated 03/30/1987 AT 01:00 AM EST

originally published 03/30/1987 AT 01:00 AM EST

More congenial and comprehensive is this production from the specialists at Touche Ross & Co., a leading corporate accounting firm. In 90 lucid minutes, six serious, but not stuffy, experts interpret 1986 tax reform changes and suggest 1987 financial planning strategies for taxpayers in the $25,000 to $100,000 income bracket. The tape is divided into eight chapters on such topics as Common Deductions, Family and Retirement Tax Planning and Real Estate Investments (an area radically altered under Tax Reform 1986). Examples and graphics help clarify complex concepts. Checklists are used as reminders. (In calculating your medical costs, for example, don't forget that for some taxpayers, hair transplants, facelifts, false teeth and orthopedic shoes are all legitimate deductions.) Other areas explored include deferring taxable income, benefits for homeowners, depreciation, pension plans, filing status and finally, how to minimize your tax-preparation time. In short, this is a primer that will help organize your tax affairs, but don't expect it to file your return. (MasterVision, $29.95)

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