Rules to know When Renting a Room of Your Personal Home
Rules to know When Renting a Room of Your Personal Home You must consider the vacation home rules when you [...]
Which IRA is Better For you: Roth vs Traditional
Which IRA is Better For you: Roth vs Traditional Roth IRA versus traditional IRA: which is better for you? Roth [...]
Beware: IRS Published Error on Rental Property Deduction – Mortgage Insurance
Beware: IRS Published Error on Rental Property Deduction - Mortgage Insurance Here’s a heads-up on mortgage insurance. Personal Residence Mortgage [...]
Fraudulent Form 1099s
Here’s a true story from the IRS. To put the story in context, we are putting you in the driver’s [...]
10 Proven Tax Strategies for the Self-Employed
10 Proven Tax Strategies for the Self-Employed As a self-employed individual, you can feel overwhelmed when you search for strategies [...]
Impact of Death, Retirement and Disability on the 179 Deduction
Impact of Death, Retirement and Disability on the 179 Deduction What tax effect would death, retirement, or disability have on [...]
Tax Deductions for Sponsoring a Sports Team
Have you wondered what it takes to deduct the costs of sponsoring a sports team? What if you play on [...]
Vacation Home: Seven Day Rental Rule
If you own a condominium, cottage, cabin, lake or beach home, ski lodge, or similar property that you rent for [...]
Keep Track of Your Odometer to Claim Business Mileage
Do you claim your business miles at the IRS optional rate? If so, imagine you are now being audited by [...]
Go to EFTPS to Check if the IRS Received Your Money
Is your last payment of payroll taxes in the hands of the IRS or in the hands of an embezzler? [...]