The Benefits of Marriage in the Tax World
MARRIAGE TAX Wedding season is around the corner! The big day is finally here and your wedding day is worth every [...]
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 [...]
Tax Return Due Dates
INDIVIDUALS January 15 Individuals. Make a payment of your estimated tax for 2015 if you did not pay your income [...]
IRS AUDITS
What is an IRS audit? An IRS audit is a review/examination of an organization's or individual's accounts and financial information [...]
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 [...]
Easily Missed Tax Write Offs
1. State sales taxes This write-off makes sense primarily for those who live in states that do not impose an [...]
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 [...]
Not So Fast Pay Your Inheritance Tax
Estate Tax The Estate Tax is a tax on your right to transfer property at your death. It consists of [...]