- Using Online Agents to Rent Your Home Short Term? You May Be Surprised at the Tax Ramifications
- If you are among the many taxpayers renting your first or second home using rental agents or online rental services that match property owners with prospective renters, such as Airbnb, VRBO and HomeAway, then you should know the IRS has special rules related to short-term rentals.
- Driving For Uber Or Others? Your Tax Situation Is Unique
- With tax time approaching, if you drive for Uber, Lyft or a competitor, here is some tax information related to reporting your income. You are considered self-employed and will report your income and deductible expenses on IRS Schedule C to arrive at your taxable income for income tax and self-employment tax.
- Are you over 59-1/2 and having a low-income year?
- Are you over 59-1/2 and having a low-income year? Take more IRA distributions.
- 2017 Tax Reform Comparision Chart
- This tax reform comparison list, while not exhaustive, covers the major differences between the versions that passed each chamber.
- Divorced, Separated, Married or Widowed? Unpleasant Surprises May Await You at Tax Time
- Taxpayers are frequently blindsided when their filing status changes because of a life event such as marriage, divorce, separation or the death of a spouse. These occasions can be stressful or ecstatic times, and the last thing most people will be thinking about are the tax ramifications. But the ramifications are real and the following are some of the major tax complications for each situation.