Real Estate Tax Free Sale
Sale of Your Home If you have a capital gain from the sale of your main home, you may qualify [...]
Business Structures
Separate Taxable Entities Only one major business structure is a separate taxable entity. The C corporation is considered a legal [...]
Gift Tax. How much do you owe?
Who pays the gift tax? The donor is generally responsible for paying the gift tax. Under special arrangements the donee [...]
HOME OFFICE DEDUCTION
If you use part of your home for business, you may be able to deduct expenses for the business use [...]
Gambling Losses and Write-Offs
Gambling Income and Losses The following rules apply to casual gamblers. Gambling winnings are fully taxable and you must report [...]