Home Office Deductions: More Complex Than They Seem
It’s not always easy to figure out which home office write-offs are acceptable and which are not approved by the IRS. Below is a summary of the key provisions to …
Make Sure You Follow Crowdfunding IRS Rules
Crowdfunding is a method of raising money through websites by soliciting contributions from a large number of people, according to an IRS definition. One source notes that crowdfunding projects generate $17.2 …
Selling Your Home: The Tax Angle
The buying and selling of homes are the largest financial transactions you may make, and as with most financial transactions, there’s a tax angle. If you know what your tax implications …
IRS Provides Guidance on Schedules K-2 and K-3
The IRS has provided further details on additional transition relief for certain domestic partnerships and S corporations preparing the new schedules K-2 and K-3 to further ease the change to …
Taxes and Business Startups
Have you given thought to your tax responsibilities, and the choices you need to make about them, as you start a business? To begin with, you have to consider what …
Can you lower your property taxes?
Property taxes can be confusing, as there doesn’t appear to be an obvious, consistent rate. Still, there is a method to the apparent madness. First, understand that property taxes are …