There are many tax benefits available to those who own rental properties. As an important example, most modifications you make to your rental property result in tax savings of one kind or another. Find out more here.
How would you like to take a tax-deductible vacation this summer? That can’t be possible, can it? Well, there is a way that you could embark on some travel or a vacation and end up saving money come tax time. Find out more here. Full story
Every year, millions of dollars go to the IRS instead of back into taxpayer’s pockets. So, before you file your next tax return, here are a few of the most overlooked tax deductions. Full story
Certain capital expenditures for small businesses qualify for the Section 179 expense election. If so, your business can choose to immediately expense. Section 179 limits decrease as of 1/1/2012. Find out more here. Full story