by Jackie | Jul 31, 2024 | Uncategorized
Article Highlights: Maximize Expenses New Businesses Legal and Professional Fees Spousal Joint Ventures Self-Employed Health Insurance Self-Employed (SE) Tax Deduction Insurance Home Office Qualified Business Income Deduction Advertising Expenses Website Costs...
by Jackie | Jul 30, 2024 | Uncategorized
Article Highlights: Qualifications To Be a Real Estate Professional o More than Half of Personal Services in Real Property Trades or Businesses o Minimum of 750 Hours of Services Tax Ramifications of Being a Real Estate Professional o Treatment of Rental Real...
by Jackie | Jul 29, 2024 | Uncategorized
Article Highlights Understanding Political Donations Donating Time and Out of Pocket Expenses Tax Treatment of Political Donations Reporting and Disclosure Requirements Gift Tax Issues PAC Reporting Charitable Contributions vs. Political Donations Strategies for...
by Jackie | Jul 26, 2024 | Uncategorized
Article Highlights: Why We Keep Records o Audit Defense o Amending Returns o Claiming Refunds o Tax Basis Duration for Keeping Tax Records o Federal Statute of Limitations on Tax Refunds o Tax Return Omissions o Indefinite Retention o Financially...
by Jackie | Jul 25, 2024 | Uncategorized
Tax season should be a time to reclaim some of your hard-earned money, not a source of stress and anxiety. Yet, for many taxpayers, tax-related identity theft is a very real threat. Imagine filing your return, only to find out that someone else has already cashed in...
