Category: Tax Tip You Can Bank On

The CP 504 is a final notice of a balance that is due on your account. This is the third in a series of notices

I think we can all agree that Scarlett Johansson and Tom Hiddleston act for a living.  Likewise, the artists whose works sell for millions are

Corporate Tax Break for Your and Your Employees’ Smartphones and Tablets When a corporation provides an employee or a partner with a smartphone or similar

Using a 529 Plan to Pay for Your Child’s College A Section 529 plan is a great way to fund your child’s college education. For

Tax-Free Income from Rental of Your Home to a Corporation IRC Section 280A allows you to rent your entire home tax-free for 14 days or

Tax Law Favors Corporate Debt over Equity If you decide to use a C corporation to operate your newly acquired business, you should know that

 Rate this article

Beat the IRS Recapture Tax on Your Home Office The depreciation you claim with your home-office deduction is subject to a recapture tax when you

Exploring IRS Section 121- Excluded Gain On Sale Of Residence- Part 2 of 4- Converting a Rental To A Primary Residence The Taxpayer Relief Act of

Hire Your Child and Get Paid You can pay your child to work in your business and get paid yourself for this arrangement. Sound too