A Tax Cut Deal and Your Year End Scramble
This is the time of year that we real estate investors and other small biz owners are scrambling to make our last minute tax moves. This year is particularly challenging… Read more »
Taxes
1099 Good Buddy! New Reporting Requirements for Landlords
UPDATE: Taxes are in a constant state of flux, and this is no exception. This requirement was repealed by by the signing of HR 4 (Comprehensive 1099 Taxpayer Protection and… Read more »
Excuse Me While I Rant . . .
Get this – I was reading a very popular tax blog this week (which shall remain nameless to protect the moronic) when I found a reader question asking about having… Read more »
How’s Your Tax System Working?
President Barack Obama was quoted as saying, “Ultimately it’s important for the administration to send a message that there aren’t two sets of rules. You know, one for prominent people… Read more »
A 3.8% Tax on Real Estate Sales? Say it ain’t so!
Have you seen these Google headlines: Hidden 3.8% Real Estate Sales Tax in Obamacare Bill 3.8% tax on future real estate sales New 3.8% tax on real estate sales starting… Read more »
Health Care Reform and the 1099 Nightmare
UPDATE: Taxes are in a constant state of flux, and this is no exception. This provisions of this bill were repealed by by the signing of HR 4 (Comprehensive 1099… Read more »
Tax Deductions for Landlords
Here’s the scoop: You are probably paying too much in taxes on your rental income. There! I said it. No savvy landlord would ever pay more than necessary for utilities… Read more »
What the IRS Doesn’t Want You to Know About Your Next Vacation
So work’s beginning to drag and your mind is on vacation! How does that fit into your “tax deductible” lifestyle? Here’s the scoop: the IRS says that you can deduct… Read more »
