If you are purchasing a property that you plan to rent out, you’ll be able to profit off your investment as soon as you find tenants. Then you can take th...

Time matters with tax refunds. If you received an extension for the 2015 return then your deadline is October 15, 2019. If you miss the deadline, any exce...

An LLC that is taxed as a corporation files different forms that replace the use of Form 1099-MISC. However, if an it is taxed as a partnership, the IRS r...

Marital mortgage deviation: Another expense which may be considered when calculating spousal support is the mortgage on the marital residence. It is assum...

On the other hand, if you forgot to include the income information from the 1099 on your tax return, however, you need to amend the return by filing a for...

If you or your loved one lives in an assisted living community, part or all of your assisted living costs may qualify for the medical expense tax deductio...

The Tax Cuts and Jobs Act (TCJA) increased the standard deduction amounts for 2018 well beyond what they would have been in that year, raising the deducti...

Unfortunately, the portability of the exemption isn’t automatic. The transfer of the unused exemption amount to the surviving spouse happens only if it is...

How do I get rid of my timeshare? Sell it or give it back. A site like ARDA’s Responsibleexit.com can connect you with timeshare developers who have free ...

How to Talk to Clients Establish appropriate investment goals. Define an appropriate risk profile. Set appropriate time horizons. Establish an investment ...