(#327) TCJA Changes Some Rules for Deducting Pass-Through Business Losses
It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. The Tax […]
(#326) Be Aware of the Tax Consequences Before Selling Your Home
In many parts of the country, summer is peak season for selling a home. If you’re planning to put your home on the market […]
(#324) Impact of TCJA on Home Mortgage Interest Deductions
The Tax Cuts and Jobs Act of 2017 (TCJA) has caused some changes in […]
(#322) Can Your Deduct Business Travel When It’s Combined With a Vacation?
At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a business trip with a vacation to offset some of […]
(#321) Do You Need to Adjust Your Withholding?
If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of cash. But a large refund isn’t all positive. It also […]
(#320) IRS “Audit Techniques Guides” Provide Clues to What May Come Up if Your Business is Audited
IRS examiners use Audit Techniques Guides (ATGs) to prepare for audits — and so can small business owners. Many ATGs target specific industries, such as construction. Others […]
