The Mortgage
Everyone general knows that there is one major tax deduction that every homeowner wants to claim on a personal tax return, it is the home mortgage interest. In fact, it is the second biggest federal tax expenditure, projected to be…
The Converted Home
A person purchases his/her first home, raises a family, but for some circumstances (e.g., better job, death of loved one, or even just to upgrade), decides to move out, but instead of selling the home, decides to keep it (maybe…
The Recapture
Sometimes when an individual person is in business some machinery and/or equipment gets used up, old, and even worn out, and may decide to sell the old machinery and/or equipment, so the individual business owner could raise funds to purchase…
The Road Tax
I’m sure we all have been on the highways throughout the country, and seen these heavy and/or “double-decker” trucks (blocking our viewpoint) and there is one thing that one may not realize (except maybe the owner of these trucks) is…
The Tax on Grass
A recent tax development during the middle of July 2015, is that the current Chairman of the California Board of Equalization (which is the California sales tax enforcement agency) has announced further enforce the California sales tax on medical marijuana…
