When you own a second home, some tax rules are similar to the ones relating to your first home. However, let’s discuss how to benefit from the tax rules once you start renting that second home. Every year we rent...
If you’re a millennial, you’ve likely just graduated from college, started your first job, or maybe you’re looking to rent or buy your own place for the very first time. We know that this can be a pivotal time in...
Divorce may not be as inevitable as taxes, but it certainly brings complications to tax filing. Follow these ten tips, and the process should go smoothly in the future. Once your divorce questions are answered, TurboTax can handle your tax return.
We are only a month away from Tax Day (April 15th)! Which means most of us have already filed our taxes or are almost there. You may have heard a couple of tax myths, such as: “You don’t have to...
The biggest game of the year is almost here! That’s right, we’re talking about Super Bowl LIII Just as the new tax season is beginning to ramp up, football players are also kicking into high gear as their teams compete...
Recently I had dinner with friends who run a business, and the conversation turned to buying new cars. The “buy versus lease” question was asked of me, the so called tax expert at the table. As always, I don’t answer...
Whether you are on your own for the first time or 45 still feeling 25, “adulting” is a never-ending process. Adulting encompasses all those tasks that come with being a responsible grown-up, even though you may still feel like a...
This week the IRS is hosting the second annual National Tax Security Awareness Week all across the country to encourage taxpayers to take steps to protect their identity. In partnership with the IRS, we are sharing some important tips to...
“It’s my money and I’ll do with it what I want.” Nice thought, but not quite true. You needed to account for it when you earned it, and likely paid tax at that time, and you need to be aware of the rules for giving it away if that’s your intention.
Even though the summer season isn’t officially here, we’ve already had some fun at the beach. Last month, we had a nice getaway at Wilmington and got to hang by the water without a big crowd. Taking time off is...
When you own a second home, some tax rules are similar to the ones relating to your first home. However, let’s discuss how to benefit from the tax rules once you start renting that second home. Every year we rent... 
