Filing taxes is already stressful enough, and it is even more so if you find you owe the IRS money. As the number of people who owe a tax bill at the end of the year increases and household budgets ...
Filing your taxes is not easy and finding someone to help you can be even more difficult but here's some guidance on finding a tax preparer you can trust. As an independent financial advisor, I ...
Arthur Auerbach, an AICPA volunteer for 23 years, and Cory Perry, the chair of the AICPA’s Organization for Economic ...
Do You Need a Tax Professional? Not everyone needs the help of a tax professional. Many people successfully file their own taxes each year with the help of tax preparation software or the ...
Kelly Phillips Erb is a Forbes senior writer who covers tax. I don’t prepare my own taxes. That wasn’t always the case. When we first started the law firm, I did taxes for the business and our family.
Real estate professional tax status allows qualifying individuals to deduct losses from real estate activities against their ordinary income. This can potentially help reduce your overall tax ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The IRS doesn't typically just let up on the collection efforts when you ...
The real estate professional status (REPS) is a tax designation under the U.S. tax code that can provide a sizable financial benefit to someone who is actively involved in the real estate business.