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Articles tagged "tax returns":
5 articles found
Unfiled Tax Returns-Never File Them!
Filing your unfiled income tax returns with the IRS can be a very costly mistake, unless you clear the way first.
Is The IRS Sending You A Rebate Check? Find Out If You Are Eligible
ARE YOU GETTING A REBATE CHECK? There are two groups eligible to receive rebates. You can only be in one group so if you qualify for both group, be sure to pick the group that results in the highest rebate amount. Group 1: Those who paid taxes in 2007. Group 2: Seniors, disabled veterans and widows of veterans.
Real Estate Professional Status
Let's dispense with one myth: Real Estate Professional status does not mean you have to hold a real estate license. Rather, it is a designation you obtain by meeting certain specific requirements.
Top Ten Tax Deductions For Landlords
No landlord would pay more than necessary for utilities or other operating expenses for a rental property. But, every year, millions of landlords pay more taxes on their rental income than they have to. Why? Because they fail to take advantage of all the tax deductions available for owners of rental property.
If you ever mailed an envelope containing a monthly payment to a landlord, you qualify as a rent payer. What you might not realize is that the owner of that real estate is getting lots of deductions for expenses related to owning property.