Have you ever thought of local lodging as a business expense? A business deduction is allowed for lodging when a taxpayer travels away from his or her “tax home.” A taxpayer’s tax home is generally the location, … Read More
People who have inherited property are often concerned about the taxes they will owe on any gain from that property’s sale. After all, the property may have been purchased years ago at a low cost by … Read More
Do you have an unclaimed refund? Each year the IRS reports about $1 billion in unclaimed refunds for individuals who did not file a tax return. The IRS estimates that approximately half of the unclaimed refunds … Read More
The tax filing deadline is in one week away. This is just a reminder to those who have not yet filed their 2014 tax return. The due date is April 15, 2015. This means you need … Read More