Question: I do not know all the business write-offs. Also, I do not know what is and what is not a business write-off. Can you provide some guidance? Continue reading…
Tax Question – Business and Personal Deductions
Question: Is there a quick checklist to help me determine what is deductible personally, for rentals, and for business? I do not need all the details right now. Continue reading…
Tax Help Question – IRS Notice
Question: I owe taxes and received an IRS notice. It says Intent to Levy. I am freaked out that the IRS will take my paycheck and empty my bank account. What does the letter mean? Continue reading…
Tax Question – Exemptions
Question: Did the dependent exemption increase over the past few years? Continue reading…
Tax Question – Exemption for child
Question: When “claiming” the kids, is it $2600 per dependent, and is that a “reduction” in taxes paid or just a simple “credit?” Continue reading…