Many people are less concerned about whether they owe gift taxes or not. A gift tax return is a Federal Government tax return often filed with certain terms and conditions by the gift's...
Many landlords pay more tax on their properties than they should. This is because they are ignorant of the several tax advantages and benefits of becoming a landlord. More than any...
Article Highlights:Keeping home improvement records Home gain exclusion amounts Records may be required to avoid taxIndividuals who meet the 2-out-of-5-year use and ownership...
Posted by Ace Plus Tax Resolution on 08/04/2020
Have you considered making extra income from your vacation home? If so, it can be as simple as signing up on a variety of travel websites and listing your dates of availability. However,...
Congratulations on receiving a scholarship, grant, or fellowship! These benefits are a fantastic way to cut down on the rising costs of college education. While you are celebrating,...
Posted by Simon Hase, CPA on 03/10/2016
Many families will find that it is convenient, as well as a good way to make some extra money, to rent out their homes on occasion when they are gone. They may live in a big city or...
Posted by Patrick O'Hara, EA on 03/02/2016
College can get expensive and thousands of students each year work hard in order to nab the limited amount of scholarships and grants that are available to help them lower the cost...
Posted by Dennis O'Brien on 03/02/2016
Tax time is all about refunds for many people, and everyone wants to fully maximize their refund. After all, it is your money, and you should be able to get it back. Kaufmann Advisors...
In order for your tax professional or accountant to provide the best service, they need you to have done your homework. There are a variety of documentation that you need to keep throughout...