Source:
https://www.marketplace.org/2017/12/22/business/tax-bill-2017/tax-reform-home-equity-interest-deduction-affect
Thursday, February 1, 2018
How Do I Report Your Crypto Currency On My Taxes?
Wednesday, January 31, 2018
I Have A Mobile Home That I Rent With Lot Fees, Are The Lot Fess Deductible?
Yes. They would be part of the common expenses of the rental property.
Thursday, June 15, 2017
I'm Self-Employed, How Much Of My IRA Contributions Can Be Deducted As A Business Expense?
Typically up to the lesser 25% of net income or $18,000. The worksheet will tell you exactly how much can be deducted.
Find the following worksheet:
Self-Employment Retirement Plan Worksheet
SOURCE:
https://www.irs.gov/publications/p560/ch05.html
Find the following worksheet:
Self-Employment Retirement Plan Worksheet
SOURCE:
https://www.irs.gov/publications/p560/ch05.html
I Filed an Extension, Can I Still Make SEP IRA Contributions?
Yes. You have until the end date of the extension to make contributions for the previous year.
SOURCES:
https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-seps-contributions
SOURCES:
https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-seps-contributions
Saturday, April 15, 2017
Subscribe to:
Posts (Atom)
