Nobody wants to pay more taxes than they need to. Some of us are confident preparing our own Income Tax every year, I’m keenly aware that that’s way outside my wheelhouse. I am more than happy to tuck away enough money in the budget to retain an accountant. Maybe you opt for the EZ form,… Read More
Congress Considers the Bipartisan ‘New Markets Tax Credit’ Worthy of Permanent Status. There’s very little to create controversy over in the New Markets Tax Credit. What it aims to do is to shore up the economy and housing markets in financially depressed and outlying rural communities. Positive reports are coming out of Alabama, New Mexico, Florida,… Read More
Whether you’re buying a home, selling a home or staying right where you are, there’s a wide range of deductions you can take. Some of them are well-known, some less so, and there are a lot of twists, so it pays to review the rules. The IRS has outlined key home deductions in Publication 530…. Read More
