The Tax Audit – What do you need to know?
It is getting close to the dreaded federal tax filing deadline of April 15, and of course one is about (if not already) to file his/her annual personal tax return for the 2014 tax year, and of course one is…
Miles for Dollars
Of course during this time of year, when spring starts, and one starts planning for the summer holiday, on looks of the costs of traveling, especially if gas prices will go up or at least be at a stable level,…
The Loss
Picking from what was discussed in the last blog, that when someone sells a property and/or an asset, there could be a gain on the sale, where one would pay taxes on (not on the selling price), and gain is…
The extender
Of course we are not discussing extending a tax return (it is either too late for 2013, and/or too early for 2014), but in one of Congress’s final acts before it adjourned for the year is to extended certain tax…
Giving for the holidays
Continuing with the theme of last week’s blog, about giving gifts, due to the fact the Holiday Seasons are here. You may consider giving to charities, and yes it is a tax deductible expense, but bear in mind there certain…
