Aug 5, 2013 | News, Newsletter
If you are working from home and want to take advantage of the home office deduction, you no longer have to keep detailed records of certain expenses and prorate these by the square foot. The IRS has a simplified method available starting with your year 2013 tax...
Jul 22, 2013 | News, Newsletter
A vacation home can be a house, apartment, condominium, mobile home or boat. If you own a vacation home that you rent to others, you generally must report the rental income on your federal income tax return. But you may not have to report that income if the rental...
Jul 18, 2013 | News, Newsletter
The IRS.gov website is a great resource for free tax help 24 hours a day, seven days a week. They have numerous online tools to assist taxpayers of all kinds. Click here to learn more: http://www.irs.gov/uac/Newsroom/Visit-IRS.gov-this-Summer-for-All-Your-Tax-Needs...
Jul 18, 2013 | News, Newsletter
In recognition of the fact that many people are job hunting during the summer months, the IRS has released seven things you should know when considering deducting job search costs: http://www.irs.gov/uac/Newsroom/Job-Search-Expenses-May-Lower-Your-Taxes We are...
Jul 16, 2013 | News, Newsletter
Members of the U.S. Armed Forces should take notice of the special tax benefits that may apply to them. A summary of ten of these benefits can be found below: http://www.irs.gov/uac/Newsroom/Special-Tax-Benefits-for-Armed-Forces-Personnel-1 Let us know if you need...
Jul 15, 2013 | News, Newsletter
Many clients spend part of their summers volunteering for charities as part of service projects away from home. If this is part of your schedule this summer, click here to read the IRS information on qualified itemized deductions for unreimbursed travel expenses:...
