Taxes

The Ins and Outs of the EIN…

During this time of year I get several questions from my coaching clients about employer identification numbers.  I suppose that this is because this is the season for all things… Read more »

When are my taxes due???

With all the changes in the tax rules and regs, such as… New reporting requirements like Form 1099K… New questions about rental property on Schedule E… New information reporting requirements… Read more »

Ready or not…it’s tax time!!

It’s income tax time again, Americans: time to gather up those receipts, get out those tax forms, sharpen up that pencil, and stab yourself in the aorta ~ Dave Barry… Read more »

Reader Mail: Rental Property or Vacation Home?

The approaching year end always brings up interesting (and relevant) tax questions from my coaching clients and readers.  I found this in my inbox this week, and it’s such a… Read more »

Business mileage update…and an app for that!

So, here’s the scoop… The Internal Revenue Service has issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical… Read more »

The IRS is targeting Real Estate Investors??

And so it begins.  A few weeks ago big brother (AKA the IRS) sent out letters to tax pros reminding them of the penalties for tax return fraud and letting… Read more »

Tax Update: IRS Makes Mid-Year Adjustment to Mileage Rates

So, the IRS has announced new mileage rates for the remainder of 2011 for taxpayers using the optional standard rates to calculate the costs of operating an automobile for business… Read more »

Let Uncle Sam pay for summer camp . . .

As the old song goes … “schools out..for the summer!”   And that means the kids are home!!  So how do all you work at home dads and moms get your… Read more »

Are you missing out on tax deductions? There’s an app for that!

It never fails. Every year I have family, friends, and clients who lose out on tax deductions because they just DON’T track the out of pocket expenses to document the… Read more »

How Tax Savy Are You?

As you grow your real estate business – and, let’s not kid ourselves, it is a business and should be treated as such – you will make a lot of… Read more »