With the rise of websites that allow you to rent out rooms within your home to vacationing families, there is also a rise in potential tax challenges. So before you jump on the website...
Posted by Larry Gurewitz on 03/03/2016
When it comes to earning income from a vacation home might seem a smart idea, it also involves more than just collecting those rental checks. You will also have some tax responsibilities...
Posted by James Wells EA MBA Tax Office on 03/03/2016
For many taxpayers, college was an amazing experience, but also a very costly one. Most students graduate with some form of debt. The most frequent type of debt is in the form of student...
Posted by ERNIE BUSTAMANTE on 03/03/2016
Renting your vacation home or even a room in your own home can be as simple as signing up on a website and listing the days your rental is available. However, this also means that...
Posted by Allan J Rolnick, CPA, CTC on 03/03/2016
When it comes to running your own business, the record keeping can be intensive, but those same records can also assist you in qualifying for a myriad of deductions. This is particularly...
Posted by 1-2-3 Financial Services, Inc. on 03/02/2016
Renting out your home is one way that you are able to bring in a little extra money. But the amount of time and the amount of space that you rent out with determine how you will claim...
Posted by Johnson, Johnson & Associates, Inc. on 03/02/2016
For many individuals who are saving for retirement, a Roth IRA can be very appealing. Most taxpayers prefer to pay the taxes now versus in the future, where they might not now the...
Posted by Precision Financial Services on 02/24/2016
Most taxpayers would consider a vehicle or car a necessary part of everyday life, including the expenses that go along with it. As such, it might be worth tracking your vehicle expenses,...
Posted by MVW Services on 02/24/2016
For many individuals who are saving for retirement, a Roth IRA can be very appealing. This is because you pay income taxes on the contributions when you add them to the IRA, versus...
Posted by Larry Gurewitz on 02/23/2016
