Tax Breaks for Vacation Homes
Vacation homes have advantages in the tax code, because you can often treat them either as a home or a real estate investment, both of which have advantages.
Vacation homes have advantages in the tax code, because you can often treat them either as a home or a real estate investment, both of which have advantages.
Scenario- you filed your tax return, and it turns out you owe money—way more money than you thought. And you can't afford to pay it all at once. What do you do?
It’s a week before Tax Day! At this point, if you haven’t gotten your information to your CPA yet, you should probably go on extension.
The cost of high education keeps rising. If you, or a dependent, are in college, make sure you take advantage of the tax breaks you might be eligible for.
It sure costs a ton to raise kids these days. That’s why I want to make sure parents take advantage of the tax credits they might be able to claim.
Typically C- and S- corporation tax returns are due on March 15th, but this year that date is a Saturday, so the kind folks at the IRS make the following Monday, March 17th, the deadline instead.
The IRS says that you really only need to hold onto tax returns and supporting documentation (like W-2s, 1099s, deduction receipts) for three years after the date of filing (April 15th or later if you filed an extension).
I am thrilled to be part of this fabulous group of professional women in Femfessionals Fort Lauderdale!
There is a simplified home office deduction new for 2013. This is a great thing for those work-at-home types.
The IRS determines your filing status based on what you are on December 31 of that tax year.
If 2013 came and went and you did not manage to put away money for retirement, you may be in luck.
I am thrilled to announce that I am now Xero Certified!
Make tax payment for 2013 by Thursday Jan 15, 2014!
As of January 1, 2014, automatic tips for servers will need to be included in payroll.
Today I called the IRS regarding a client's amended tax return. The agent told me that due to backups caused by the government shutdown amended returns will take 12 to 16 weeks to process.