Monthly Archives: September 2016

IRS Warns of Tax Scams

IRS Wraps Up the "Dirty Dozen" List of Tax Scams for 2016 IR-2016-29, Feb. 19, 2016 WASHINGTON — The Internal Revenue Service today wrapped up its annual "Dirty Dozen" list of tax scams with identity [...]

Real Estate Benchmark Calculations

Many new real estate investors struggle with the financial calculations needed to determine if a particular piece of property is a worthy investment.  While there are many factors that go into this important decision, we [...]

Second Quarter 2016 Tax Updates

This brief letter has tax updates (Second Quarter 2016) concerning work clothing tax deductions, Obamacare, cash payments for IRS now accepted at 7-11 and the Social Security wage base for 2017.  Some of these important tax [...]

Stock Market Trader

There are many tax benefits to being classified as a "stock market trader" (including the ability to deduct all trading-related expenses and make mark-to-market election)- do you qualify? Download Stock Market Trader

Are you part of the “Sharing Economy”

The IRS has a new category of potential audit victims: the sharing economy. This "new" economy, at least according to the IRS, includes "websites and mobile apps such as Airbnb, Uber, Lyft, TaskRabbit and Handy [...]